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Well-Established Local Bar w/Gaming-Prime Historic Downtown Location!

McHenry County, IL
listing image
Asking Price:$150,000
Gross Revenue:$407,007
Rent:$3,000/Month
Established Year:2014
Cash Flow:$47,490
Inventory:$5,000
FF&E:$50,000
Listing ID: 2311527Listing provided by BizBuySell
BUSINESS DESCRIPTION

Incredible opportunity to own and operate a great local tavern!

Fully stocked bar with 8 beers on tap. Easy operation - no kitchen. Dine-in, takeout and 3rd party delivery.

Warm and inviting atmosphere. Boasts high ceilings, exposed rafters, gorgeous woodwork, exposed vintage brick and comfortable seating at the bar/several high-top tables. In addition to a shared patio with surrounding businesses out front on the street in warmer months. Also, tvs to watch all the games, electronic dart machine, old-fashion pinball machine, TouchTunes jukebox and ATM. Plus, a full basement for storage.

Semi-private gaming area in the back with 6 video gaming machines. Gaming revenue (location’s take) $65,000 and growing!

Well established with the current owner over 10 years. Independent - no royalty, advertising or transfer fees. Has a tavern license - no food necessary. Currently absentee owned and operated. Lots of potential for a new owner to manage!

Prime corner retail space in an attached brick historic building in this charming far northwest suburb’s historic downtown along with many other eating & drinking establishments. Perfectly situated in the heart of town close to shops, the movie theater and the Metra station!

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

DETAILED INFORMATION
Location
McHenry County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Year Established: 2014 (Bar Location Over 50 Years!). Lease Information: Leased space - cheap $3,000/mth gross. Landlord offering a new 5-year lease with options. Square Feet: 1,100 + Basement. Seating: 20 + Shared Street Patio. Days/Hrs of Operation: Mo-Sa 11a-1a & Su 10a-12m. Owners Role: Absentee owner. Value of FF&E: Included In Asking Price (Valued at $50,000). Value of Inventory: $5,000 (Not Included In Asking Price).
Competition
Great drinks. Cold beer. Cozy décor. Low key. Fun pub games. Perfect place to grab a drink, watch sports, play a game and hit the jackpot. Known for their friendly service! Ideal location. In the heart of a picturesque and nostalgic downtown. Heavy foot and vehicle traffic. Also, surrounded by many homes!
Growth & Expansion
Best little place around. Great little hometown bar. A downtown favorite. Local hang out. Bar location for over 50 years. Staple in the community. Beloved tavern. Cool joint. THE place for good times with good friends! Highly rated and recommended, great reputation to continue to build upon for another 50 years. And growing social media following!
Financing
No.
Support & Training
Negotiable on-site comprehensive training (will vary depending on sale price of the business).
Reason for Selling
Partners have other business interests.
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Ted
Aretos
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Ted Aretos
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