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Established Neighborhood Bar & Thriving Gaming Venue

Elmwood Park, IL
Outside
Outside
Asking Price:$500,000
Established Year:1933
Listing ID: 2219374Listing provided by BizBuySell
BUSINESS DESCRIPTION

Loyal Customers, Thriving Gaming, and Huge Growth Potential!

This is a rare opportunity to own a beloved neighborhood bar with a loyal, friendly clientele and a highly successful gaming venue. Located in a bustling community, this well-established bar has been a local favorite for over 60 years, with only three owners throughout its rich history. The current owners, having successfully operated the business for nearly 20 years, are ready to retire, leaving behind a turnkey operation with tremendous potential for future growth.

Key Highlights:

Strong Local Following: Loyal customer base that regularly frequents the bar for its welcoming atmosphere and quality service.
Proven Gaming Revenue: The gaming side of the business is thriving, providing a consistent and lucrative additional income stream.
Historic & Vibrant Atmosphere: The bar has been a neighborhood staple for decades, offering a warm and lively environment that draws patrons back time and time again.
Potential for Expansion: With an established foundation, there’s significant room for growth—whether through expanded offerings, special events, or extended hours.
Whether you’re an experienced operator looking to expand your portfolio or a first-time bar owner, this business presents an exceptional opportunity. Step into a well-maintained, profitable operation with decades of goodwill, and take it to new heights!

$500,000 Business only (Sellers open to considering all reasonable offers
There are 2 properties on one parcel, the bar real estate & a rental house. Seller open to sell business and real estate.

DETAILED INFORMATION
Location
Elmwood Park, IL
Inventory
Not Included in asking price
Real Estate
Owned
Facilities
Bar and Lounge Area: Well-maintained space with ample seating, creating an inviting atmosphere. Gaming Area: Equipped with multiple gaming machines for added entertainment. Full Bar Setup: Complete inventory of spirits, wines, beers, and necessary equipment. Kitchen Equipment: Essential appliances and utensils for food preparation. Licenses and Permits: All necessary liquor and gaming licenses for operations. Established Supplier Relationships: Connections for food and beverage supplies.
Competition
The market for neighborhood bars like The Dugout is strong, driven by a loyal customer base and growing demand for gaming venues. Elmwood Park's competitive bar scene features long-standing establishments and gaming cafes, appealing to patrons looking for entertainment alongside drinks. The Dugout’s 60+ year history, consistent clientele, and successful gaming operations position it well in this market, with significant potential for growth through expanded offerings like events, gaming, or enhanced food services.
Growth & Expansion
Growth Pros: Loyal customer base, thriving gaming potential, and demand for community events offer great expansion opportunities. A diverse food menu, live events, or stronger digital marketing can further boost growth. Growth Cons: Competition in Elmwood Park is strong, and space or regulatory limits could impact expansion. Significant investments may be needed for market differentiation. Opportunities: Expand gaming options, introduce sports events, extend hours, or add outdoor seating for increased revenue and appeal.
Support & Training
Transition Assistance: Hands-on support during ownership change Operational Training: Training on daily operations and customer service Gaming Guidance: Instruction on managing gaming machines Supplier Connections: Introductions to key suppliers for inventory Marketing Tactics: Strategies to grow the customer base Staff Training: Ongoing support for service quality
Reason for Selling
Owners ready to retire. - PLEASE DO NOT DISCUSS WITH PATRONS OR STAFF!
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Cheryl Romero
Phone Number
Cheryl Romero
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