Neighborhood Bar & Lounge w/Gaming - $82,000 In Gaming Revenue!

Cook County, IL
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Asking Price:$130,000
Established Year:2022
ASSET SALES DESCRIPTION

Offering a great selection of cocktails, beers, wines and spirits to suit every taste.

Full-service bar. 2a liquor license. Can also reserve the whole place for parties!

Features a large wrap around bar with ample seating. Cool lighting. Tvs to watch all the games. Also, a jukebox and pool table.

Separate gaming area with 6 video gaming machines. As much as $82,000/yr in gaming revenue (locations take)!

Established about 2 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Fully equipped with display coolers, beer coolers, microwave, chest freezer, ice machine, POS system, speaker system, camera system and more. Well maintained - turnkey!

Currently absentee owned and operated. Great opportunity for an owner operator. If you have always wanted to own and operate your own bar, this is the perfect opportunity for you!

Prime retail space in a freestanding building with excellent visibility, easy access and ample parking in the heart of a thriving western suburb of Chicago. Perfectly situated near the intersection of two major streets with high traffic counts. And surrounded by a vast residential area!

Located only 12 miles west of downtown Chicago, in one of the best suburbs for first-time home buyers and recipient of the Governor’s Hometown Award.

Competition/Market: Inviting atmosphere. Currently caters to the late-night crowd. Ideal place to meet up with friends and coworkers. Also, the perfect spot to hit the jackpot!

Growth & Expansion: Local favorite. Area gem. Popular gathering place. Tons of regulars. Highly rated & recommended, great reputation to continue to build upon. Also, huge potential to increase business and gaming by expanding hours and days open. And can also add some food!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Ted Aretos at EatZ & Associates


DETAILED INFORMATION
Location
Cook County, IL
Facilities
Year Established: Jun 2022. Leased space $4,244/mth gross. Current lease expires Oct 2026 with one 4-year option. Square Feet: 2,736. Seating: 562 (30 Seats + 26 At The Bar). Days/Hrs of Operation: Tu-Su 7p-2a (Current Hours - Nights Only - Closed Mondays). Owners Role: Absentee owned. # Of Employees: 4. Value of FF&E: Included In Asking Price (Valued at $50,000). Value of Inventory: $2,000 (Not Included In Asking Price).
Financing
No.
Support & Training
Negotiable on-site comprehensive training.
Reason for Selling
Seller has no time/young family.
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Ted
Aretos
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Ted Aretos