Owner Financing is Available!
Business Overview:
This great location is on a main route near Willowbrook, Darien, and Oakbrook in DuPage County, Illinois. This is a full service restaurant with 2 bars, a covered patio (recently remodeled), 2 private party rooms, dance floor, over 20 TVs, pool tables, video games, DJ booth, and excellent food. By day, this place operates as a restaurant/sports bar. By night, it operates more as a bar/club with DJs, hired dancers, louder music, and better lighting. The business is located on a very busy primary route/main street with over 35,700 vehicles driving by each day! This is just one of the many reasons why they consistently generate over $1 million in sales each year. They also have a great website, huge parking lot, fantastic food and great atmosphere with an attractive staff. This is the "HOT SPOT" in the area. There are two owners, one is moving out of state and the other recently welcomed a new child into his family and wants to spend more time at home. While many restaurants & bars have had declining sales, this hot spot has seen an increase in sales in 2010. The sales have increased nearly every month this year when compared to 2009 sales. The owners are currently remodeling the patio so there is no doubt the sales will continue to climb even further. This is the perfect time to buy this restaurant. Please see the sales totals below. January 2010 = $87,796. January 2009 = $82,719. February 2010 = $87,636. Feb 2009 = $81,877. March 2010 = $95,793. March 2009 = $79,313. April 2010 = $98,234. April 2009 = $78,854. May 2010 = $104,308. May 2009 = $88,528. June 2010 = $93,616. June 2009 = $81,217. July 2010 = $83,924. July 2009 = $79,866. August 2010 = $89,079. Aug 2009 = $87,540. Sept 2010 = $80,205. Sept 2009 = $82,711. Oct 2010 = $95,962. Oct 2009 = $94,985. Nov 2010 = $81, 376. Nov 2009 = $94,280. SELLER WILL FINANCE 20% of the purchase price for an experienced & qualified buyer. Note: Pictures of the business can be emailed upon request. Also, a copy of the menu is available upon request.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Gross building area is +/- 5,400 square feet, Base Rent, C.A.M. charges & Real Estate Taxes +/- $8,317 per month. 3% annual increase. HUGE parking lot.
Market Competition and Expansion:
This is a unique "Hot Spot" and the only place in this immediate area of its kind.
Reason for Selling:
Move out of state and family
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.