High-Volume Longstanding Restaurant & Attached Bar w/Gaming + Property
Asking Price: | $1,300,000 |
Gross Revenue: | $1,062,901 |
Real Estate: | $1,100,000 |
Cash Flow: | $218,122 |
Inventory: | $15,000 |
Established Year: | 1977 |
Incredible opportunity to purchase a full-service restaurant with an attached newly built-out bar with gaming next door.
Restaurant - Warm and inviting updated interior. Features striking stone walls, gorgeous woodwork, beautiful lighting, expansive windows, fabulous tile work, plus a large wait station, ample seating and a fully equipped kitchen. Dine-in, takeout and 3rd party delivery. Serving breakfast, lunch and dinner. Offers a delicious menu of classic American dishes and Greek specialties including appetizers, salads, sandwiches, steaks, seafood, desserts and more.
Bar - Newly built-out attached lounge with a cool modern vibe. Features exposed ceilings & ductwork, striking stone walls, awesome murals, industrial lighting, fabulous tile work, plus a well-stocked bar, tvs to watch all the games and seating for 24 (room for more). And a 4a liquor license! Offers a wide selection of beers, wines and specialty cocktails. Also, a gaming area with 6 video gaming machines plus ATM. 2023 gaming revenue (location’s take) $185,000!
Well established over 47 years with the same owners. Independent - no royalty, advertising or transfer fees. Family owned and operated. Turnkey - well-trained knowledgeable staff in place!
Prime retail space in a freestanding building adjacent a busy strip center on a major thoroughfare with high traffic counts. Also, across another busy strip center and a large industrial park. Boasts great signage, visibility, access and parking.
Perfectly situated in a vibrant area conveniently located near residential neighborhoods and businesses, ensuring steady foot and vehicle traffic, as well as repeat customers.
Located in a desirable southwest suburb, a dynamic village home to various businesses, including retail, manufacturing & service industries, a wide range of shopping centers, restaurants & local businesses and many parks, recreational facilities & golf courses, plus a strong sense of community.
Feel free to stop by the location as a customer 1st. 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 / EatZ Real Estate Group LLC
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