SYCAMORE, Illinois
| Asking Price |
$75,000 |
Year Established |
2022 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Has other business interests and cannot devote the time/attention it deserves. |
|
| Annual P/L |
$0 |
Attention |
Brian O'Kelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018615 |
|
| # of Employees |
7 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
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.
Property Features and Assets:
<p>Prime location along highly visible State Street (Route 64) in charming, walkable Historic Downtown Sycamore, surrounded by popular restaurants, boutiques, entertainment, professional offices and civic attractions. Approximately 6,650 vehicles pass daily (IDOT 2025).<br><br>Just one block from the DeKalb County Courthouse, near Sycamore State Theatre, Public Library, schools and Ideal Industries headquarters. Approximately six miles from Northern Illinois University, with free street and nearby public parking.<br><br>Popular festivals attract thousands of visitors annually. Strong surrounding demographics include 37,704 residents within five miles, median household income of approximately $84,120 and 71.6% owner-occupied housing. Reported retail vacancy is only 3.5%.<br><br>SqFt: 3,221 + Basement Storage<br>Seating: Ample <br>Hrs: Tu–Th 4p–9p, Fr 4p–10p, Sa 11a–10p, Su 11a–8p (Closed Mon)<br>Owners Role: Absentee <br>Training: Negotiable comprehensive on-site <br>Lease: $6,000/month modified gross; terms negotiable <br>Property: Freestanding, single-story, 4,045 SqFt lot; C-2 zoning; real estate available separately.<br></p>
Market Competition and Expansion:
<p>Rare opportunity for an aspiring owner/operator, experienced restaurateur or expanding restaurant group to enter an established market without the significant expense, risk and time required for a ground-up restaurant build-out. Major capital improvements and existing infrastructure provide an excellent foundation for immediate operations and future growth.<br><br>A hands-on owner could increase revenue through expanded operating hours, introducing weekday lunch and Monday service to capture additional courthouse, business and neighborhood customers.<br><br>Additional opportunities include growing corporate catering, private parties, family celebrations and special events; strengthening online ordering, third-party delivery, takeout promotions and digital marketing; and creating seasonal offerings around popular downtown festivals and community activities.<br><br>Enhance beverage sales through specialty cocktails, whiskey tastings, rotating craft beer selections and promotional events. Explore licensed video gaming, permitted in Sycamore, as a potential additional revenue stream.<br><br>Alternatively, reposition the space as an Italian restaurant, gastropub, sports bar, neighborhood grill, taproom, wine bar or franchise concept.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity