Restaurant & Bar Downtown Roselle, IL

ROSELLE, Illinois

Asking Price	$16,000	Year Established
Annual Revenue	$0	Reason for Selling	Landlord looking for a tenant.
Annual P/L	$0	Attention	Ted Aretos
Annual Cash Flow	$0	Listing Number	1018758
# of Employees		Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Fully-Equipped Restaurant & Bar For Lease Downtown Roselle, IL - Roselle Commons!

“Rare Turnkey Space - Move-In Ready - Bring Your Concept Here”

Offers an inviting atmosphere, making it a highly desirable spot for dining, drinks and large gatherings. An attractive build-out with upgraded finishes and a flexible multi-level layout create a polished, versatile setting for any occasion. Features a full bar, large open dining area, high ceilings with exposed ductwork, expansive windows, cool concrete floors and more. Private dining rooms and event spaces can accommodate groups ranging from 8 to 300 guests, ideal for birthdays, showers, rehearsal dinners, weddings or corporate functions. Plus, two garage doors open onto a spacious fenced-in sidewalk patio for seasonal indoor-outdoor dining. The professional-grade kitchen is equipped with an 18ft hood, walk-in coolers and much more.

This amazing space is adaptable to a wide range of dining concepts from casual to upscale, including a breakfast place, urban eatery, tavern, sports bar, gastropub, cantina, trattoria, chop or steak house, entertainment venue and more. Plus, the furniture, fixtures and equipment (FF&E), valued at $200,000, are also available for an additional $80,000, or the landlord can have them removed.

Listed by Ted Aretos at EatZ & Associates.

Property Features and Assets:

<p>Prime corner end-cap space in Roselle Commons, a thriving neighborhood plaza with great signage, high visibility, easy access and ample parking. Co-tenants include Dini’s Ice Cream & Boba, Elite Fitness Training, Fire Burrito, Great Clips, Maple Leaf Coffee Roasters, Maximus Muay Thai & Fitness and more, directly across from a Ford dealership. Situated on Irving Park Rd (Route 19), a high-traffic corridor with 17,000+ vehicles per day, in the heart of Roselle’s business district, minutes from I-390 and I-290. Across the street sits Metro 19, an $80 million transit-oriented development under construction near the Metra station, adding 297 luxury apartments, 6,800 sqft of commercial space and a 540-space parking garage, bringing hundreds of new residents within walking distance.<br><br>SqFt: 9,053<br>Seating: 300 Inside & 50-60 Outside (Can Add More)<br>Hrs: Currently Closed<br>Lease: $16,000/Month Gross, New 5- or 10-Year Lease With Options<br></p>

Market Competition and Expansion:

<p>All major infrastructure is in place and available for immediate use, sparing a new operator the time and cost of a ground-up build-out. The space benefits from a dense, growing commercial and residential area with high household incomes and significant consumer spending. Roselle is in the midst of a major downtown revitalization that will enhance the market for restaurants such as this and service-oriented businesses while driving future customer growth. </p><p>The village is actively attracting new businesses and transforming its municipal campus into three distinct public spaces: Petal Plaza, Petal Porch and Petal Promenade. Plans also include a state-of-the-art library at 233 E. Maple Ave and redevelopment of a 7-acre parcel at Roselle Rd and I-390 for new residential housing. These initiatives will drive more consistent foot traffic into the area, further supporting its growth and long-term vibrancy. Plus, the space is eligible for a gaming license to generate additional income!<br></p>

Additional Details: