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Asking Price: $75,000

Exceptional Turnkey Restaurant & Bar

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Exceptional Turnkey Restaurant & Bar - Historic Downtown Sycamore, IL"Estimated Build-Out Value $250,000-$400,000 - Full Bar With 24 Taps & Kitchen With 3 Pizza Ovens"Exceptional opportunity to acquire an established, beautifully renovated restaurant & bar for just $75,000, including furniture, fixtures, equipment, build-out, trade name and goodwill!Originally constructed in 1930, this freestanding restaurant underwent extensive renovations in 2021–2022, including doubling the commercial kitchen's size. Improvements and equipment represent an estimated $250,000–$400,000 comparable replacement cost, allowing buyers to avoid substantial construction expenses, permitting delays & lengthy build-out timelines.The attractive interior features exposed brick, wood floors, contemporary finishes, comfortable dining areas and an impressive full-service bar w/liquor displays, televisions and 24 rotating draft taps. The extensively equipped kitchen includes three pizza ovens (one wood-fired, two electric deck), two walk-in coolers, commercial exhaust hood, mixer, dough roller, fryers, refrigeration & preparation equipment.Currently operating as an independent pizza tavern, craft beer destination and whiskey bar, the adaptable layout accommodates numerous restaurant and bar concepts.Three acquisition options: purchase business assets for $75,000; purchase real estate with equipment for $850,000; or lease fully equipped for $6,000 monthly, with negotiable terms.

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