Popular Neighborhood Pub w/Gaming Downtown Freeport, IL-Property Incl

Freeport, IL

Asking Price:	$229,000
Real Estate:	$229,000

Gross Revenue:	$277,295
Established Year:	2017

Listing ID: 2235505Listing provided by BizBuySell

BUSINESS DESCRIPTION

A favorite small-town pub located in historic downtown Freeport, offering a variety of local cheese, drafts, wine and cocktails along with a simple yet delicious menu of appetizers, burgers, wraps, sandwiches and soups, plus weekend/monthly specials. Happy hour. Also started offering Sunday breakfast!

Full-service bar. Dine-in or out and curbside pickup.

Completely renovated in 2017. Fully stocked bar with 6 beers on tap. Cool wood floors, exposed ductwork, painted tin ceilings. Tvs to watch all the games. TouchTunes jukebox. Custom made shuffleboard. Private gaming area with 5 video gaming machines and ATM. Plus, ample seating - 12 at the bar and 48 at high and low top tables. As well as a fenced-in deck out front with rod iron furniture and umbrellas. And a small kitchen with a large flat-top grill and fryers (easy to manage).

Established over 7 years. Independent - no royalty, advertising or transfer fees. Absentee owned and operated. Sales up year after year!

Keep the current concept or make it your own! If you have always wanted to own and operate your own bar, this is the perfect place for you!!

Prime retail space in a striking two-story building in the heart of downtown Freeport. Ample parking in the public lot across the street.

Also, perfectly situated right off Tutty’s Crossing Trailhead and the Jane Addams Trail, next to the Pecatonica River, making it a convenient stop before or after a bike, kayak or canoe trip.

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 Pat Mahoney at EatZ & Associates / EatZ Real Estate Group LLC

DETAILED INFORMATION

Location

Freeport, IL

Inventory

Not Included in asking price

Real Estate

Owned

Included in asking price

Building SF

1,750

Employees

Facilities

Two-story building on .057 acres. Built in 1882. Two-bedroom apartment above rents for $700/mth. Real estate taxes approx. $2,000/yr. Square Feet: 1,750. Seating: 60 Inside & 30 Outside. Days/Hrs of Operation: We-Th 3p-10p & Fr-Su 11a-12m (Closed Mondays & Tuesdays). Owners Role: Absentee owned and operated. Value of FF&E: Included In Asking Price (Valued at $50,000). Value of Inventory: $10,000 - $15,000 (Not Included In Asking Price).

Competition

Amazing angus ground-chuck burgers and grilled cheeses of the month. House smoked wings and pulled pork. Fresh cut fries. Homemade potato salad. Phenomenal poutine. Everything fresh and made-from-scratch. Local wines and cheeses. Also, lots of local craft beer options. Creative cocktails. Nice selection of gaming machines. Known for their excellent food, fantastic drinks, great gaming, fun atmosphere and friendly service. As well as wonderful outdoor seating.

Growth & Expansion

Local favorite. A must stop in the Freeport area. A downtown “go-to”. Neighborhood gem. A new staple in the community. Lots of regulars. Bags and shuffleboard leagues. And the perfect place to hit the jackpot! Rated 4.6 Google, 4.2 Facebook and more. Highly rated and recommended, great reputation to continue to build upon. Growing downtown. Can also expand hours!

Financing

No.

Support & Training

Open to discuss.

Reason for Selling

Other business ventures.

BUSINESS LOCATION

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