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Asking Price: $75,000

Exceptional Turnkey Restaurant & Bar

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Not disclosed

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.

Cash Flow Not Disclosed
Revenue Not Disclosed

Asking Price: $6,000

Exceptional Turnkey Restaurant & Bar – For Lease

Not Disclosed, Not Disclosed
Not disclosed

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 lease a beautifully renovated, fully equipped restaurant and bar in Historic Downtown Sycamore! Just $6,000/month modified gross, including existing kitchen and bar equipment. No business purchase required!This freestanding property underwent extensive renovations in 2021–2022, including doubling the commercial kitchen's size. Estimated comparable replacement cost of improvements and equipment is $250,000–$400,000, offering substantial savings on construction, equipment purchases and lengthy build-outs.Three flexible acquisition options:1. Lease fully equipped for $6,000/month, terms negotiable.2. Purchase business assets for $75,000, including FF&E, build-out, trade name and goodwill, with new lease.3. Purchase real estate for $850,000 with FF&E included.Features include exposed brick, wood floors, contemporary finishes, impressive full-service bar with liquor displays and TVs, 24 rotating draft taps with Micro Matic system, two walk-in coolers, three pizza ovens (wood-fired and electric), commercial hood, dough equipment, fryers, refrigeration and extensive prep equipment.Perfect for a pizzeria, gastropub, sports bar, craft beer taproom, Italian restaurant, whiskey bar, franchise conversion or entirely new dining concept. An outstanding turnkey foundation for ambitious operators!Listed By Brian O'Kelly at EatZ & Associates

Cash Flow Not Disclosed
Revenue Not Disclosed

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