NOT DISCLOSED, Illinois
| Asking Price |
$75,000 |
Year Established |
2025 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Focusing on family. |
|
| Annual P/L |
$0 |
Attention |
Pat Mahoney |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018827 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Turnkey 2,941 SqFt Restaurant w/Bar & Gaming Far Northwest Suburb of Chicago - Recently Renovated!
“In One Of The Strongest Retail Trade Areas With A Strong Mix Of National Retailers, Grocery Stores, Entertainment, Service Businesses, Healthcare Facilities & Corp Employment”
Fully equipped, operating Italian restaurant, pizzeria and bar. Asset sale ideal for owner-operators, multi-unit groups, gaming operators, franchisees seeking a 2nd-generation location or entrepreneurs launching a new concept. Continue the concept or convert the versatile buildout to a bar & grill, sports bar, fast-casual, QSR or carryout/delivery operation. The 2025 renovation lets buyers skip the expense, uncertainty and timeline of building from an empty shell, stepping into a finished, permitted space at a fraction of the investment. Dining room has booths and tables; the bar offers seating and multiple flat-screen TVs. Extensive equipment supports significant production, notably pizza equipment: double-stack Middleby Marshall conveyor oven, dough mixer, double-pass sheeter and 3-door refrigerated prep table. Line includes 6-burner range w/oven, 2-burner stove, flat-top grill, 2 fryers and stainless prep tables, walk-in cooler, reach-in and chest freezers, Toast POS and security cameras. Licensed for on-premise liquor with live video gaming in a dedicated front-of-house area.
Listed by Pat Mahoney at EatZ & Associates
Property Features and Assets:
<p>Prime retail space in an established strip center with great signage, high visibility, easy access, ample parking and complementary tenants. Fronts a heavily traveled thoroughfare carrying 20,000+ vehicles per day, drawing from communities throughout McHenry and Kane counties. Just off a premier shopping, dining and entertainment corridor with 3+ million sqft of retail, under 5% vacancy and traffic approaching 50,000 vehicles per day. Minutes from a 548,000+ sqft dual-grocery-anchored lifestyle center (Trader Joe’s, The Fresh Market, Nordstrom Rack, Dick’s Sporting Goods) serving 390,000+ residents. Also near Costco, Home Depot, Jewel-Osco, Kohl’s, Lowe’s, Meijer, Target and Walmart. Immediate trade area: 31,959 residents, 11,639 households, $132,949 median and nearly $149,000 average household income.<br><br>SqFt: 2,941<br>Seating: 85 Inside<br>Hrs: Tu-Th 4p-9p, Fr-Sa 4p-10p, Su 4p-9p (Closed Monday)<br>Owners Role: Family owned & operated (active day-to-day)<br>Training: Negotiable comprehensive on-site training<br>Lease: $4,160/mth gross, expires Jun 2028 + two 3-year options<br></p>
Market Competition and Expansion:
<p>This opportunity should appeal to buyers who understand what opening a restaurant costs today. The expensive pieces, including the hood and all restaurant infrastructure, are already here. At an asking price of just $75,000 with all FF&E included (inventory not included), a qualified buyer avoids months of designing, building, equipping and permitting and the substantial capital involved, acquiring a ready-to-run operation for a fraction of replacement cost. </p><p>Competitive advantages include an outstanding location in a sought-after, affluent and highly desirable trade area, built-in daytime traffic generators that keep customers coming through evenings and weekends, an attractive lease and a compelling value proposition. Growth & expansion comes down to location, location, location! The broader corridor draws nearly 400,000 residents with average household incomes exceeding $126,000, plus established owner-occupied neighborhoods and families, an ideal foundation for growing dine-in, carryout, delivery, catering and bar-focused sales. Staff of 3-4; seller is focusing on family.<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