Neighborhood Bar & Grill w/Gaming SW Suburb of Chicago-Property Incl!

Cook County, IL
listing image
Asking Price:$999,999
Inventory:$10,000
BUSINESS DESCRIPTION

Property Includes Entire 6,000 SqFt Fully-Renovated Triple-Tenant Strip Cent

An incredible opportunity to own your own bar & grill with property for additional rental income!

Full-service bar and restaurant. Serving lunch and dinner. Offering a simple yet delicious menu of starters, wings, sandwiches, burgers, wraps, tacos, quesadillas, homemade soups and more. Dine-in, carryout, pickup and delivery, plus catering. Online ordering also available.

Newer build-out with high quality materials! Features exposed ductwork, wood paneled walls, expansive windows, fireplace, cool concrete floors and more.

Full wrap-around bar with 8 beers on tap along with a large dining area with various seating options and tvs to watch all the games, plus an electronic darts machine and a Golden Tee Golf game. Also, hosts lots of fun events including live music, DJ, karaoke, bingo and is available for private events.

And features a private gaming area with 6 video gaming machines plus ATM. Video gaming just added in Jan 2024!

In addition to a fully-equipped kitchen with a 12ft hood, 6-burner stove, convection oven, 2 deep fryers, walk-in cooler, single-door freezer, POS system and much more.

Locally family owned and operated. Independent - no royalty, advertising or transfer fees included. Asset sale - all furniture fixtures and equipment (FF&E) included. No financials. Bar & grill is currently averaging $40,000-$50,000 a month and gaming is currently averaging $11,000-$13,000 a month and growing!

Turnkey - keep the current concept or make it your own. Endless possibilities!

Square Feet: 3,000 (Bar & Grill)

Seating: 55 (Room For More).

Days/Hrs of Operation: Mo-Th 11a-2a, Fr-Sa 11a-3a, Su 11a-2a.

Owners Role: Owner operated - general manager.

Value of FF&E: Included In Asking Price (Valued at $150,000).

Value of Inventory: $10,000 (Not Included In Asking Price).

Prime retail space in a small newly-renovated neighborhood strip center. Boasts great signage, visibility, access and parking. Also, high foot and vehicle traffic!

Perfectly situated on a busy main street and major thoroughfare along with many other restaurants, retailers and businesses. And just down the street from new apartment development, plus surrounded by a dense residential area of homes!

Located in the heart of a desirable southwest suburb in a well-maintained neighborhood with a great mix of families, young professionals and retirees with a strong sense of community. The city itself is known for its family-friendly environment, good schools and recreational amenities!

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 Niko Jano at EatZ & Associates


DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,000
Employees
5
Facilities
Includes the entire 6,000 sqft triple-tenant strip center with 39 parking spots. A one-story freestanding building built in 1950. Includes this 3,000 sqft bar & grill, plus two 1,500 sqft spaces (one leased out for $1,950/mth and the other about to be lease out for another $1,950/mth). And a fully-renovated building featuring a brand-new HVAC, electric, gas, plumbing, bathrooms and more. Plus, new roof 5 years ago. On 18,000 sqft of land or .413 acres. Real estate taxes $33,000 a year.
Competition
Nice selection of drinks. Cold beer. Good food. Amazing setup. Fun events. Great for a casual night out with family, friends and co-workers!
Growth & Expansion
New local favorite. Welcome addition to the neighborhood. Cool spot. Area gem. Lots of regulars. Also, the perfect place to hit the jackpot! Rated 4.5 Yelp, 4.4 Google, 4.3 Facebook and more. Highly rated & recommended, great reputation to build upon! Also, an exceptional investment opportunity!
Financing
No.
Support & Training
Negotiable on-site comprehensive training.
Reason for Selling
Retiring.
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Niko Jano
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Niko Jano