Freestanding Pizzeria w/Bar Wonder Lake, IL

WONDER LAKE, Illinois

Asking Price $289,000 Year Established 1955
Annual Revenue $0 Reason for Selling Retiring.  
Annual P/L $0 Attention Pat Mahoney
Annual Cash Flow $0 Listing Number 1018915  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Fully-Equipped Freestanding Pizzeria w/Bar Wonder Lake, IL - Property For Sale!

“A Longstanding Pizzeria For Over 70 Years In The Heart Of The Wonder Lake Recreational Corridor”

Exceptional opportunity to acquire a freestanding restaurant and real estate, home for decades to recognizable concepts including Millie’s Pizza, Dusty’s Pizza and most recently Napoli Pizza Beach Bar. Single-story building features two separate rooms: one with a bar, 2-door glass cooler, fireplace, seating and video gaming space; the other with vaulted ceilings, expansive windows, skylights and access to a wrap-around deck with outdoor seating. Fully equipped kitchen includes large hood, 2 double-stack Blodgett pizza ovens, 4-burner stove, flat top grill, 2 deep fryers, convection oven, dough mixer & roller, sandwich prep coolers, stand-up cooler & freezers, walk-in cooler & freezer and more. Basement for extra storage and a detached two car garage. Asset sale with property, all furniture, fixtures and equipment (FF&E) included. Currently closed; previous owner held liquor and gaming licenses, buyer must re-apply. Flexible layout suits a pizza place, family restaurant, tavern, lake-themed or sports bar, live music, entertainment or private event venue, with potential to add a patio for seasonal lake-lifestyle dining.


Property Features and Assets:

<p>Prime retail space in a freestanding brick building with pole sign and private 32-space parking lot. Perfectly situated at the corner of Howe Rd and Wonder Woods Dr, along a primary east-west corridor connecting Wonder Lake’s residential communities, offering excellent visibility, convenient access and proximity to the busy intersection of Barnard Mill Rd and Route 31. Surrounded by established lakefront neighborhoods, seasonal cottages, parks and marinas, just moments from the lake’s shoreline, public boat launches and boating community. Nearby draws include Wonder Lake State Park’s 3,000+ acres of trails and wildlife habitat, campgrounds, snowmobile routes and winter recreation trails. Serves local families, lake residents, vacation homeowners, boaters, recreational users and weekend visitors. Built 1939 on 41,132 sqft of land, Class B.<br><br>SqFt: 2,800 + Basement<br>Seating: 60 Inside & 40 Outside<br>Hrs: Closed<br>Owners Role: (Property For Sale)<br>Training: (Property For Sale)<br>Property: Owned, Included In Sale, RE Taxes ~$10,000<br></p>

Market Competition and Expansion:

<p>Wonder Lake is one of McHenry County’s most unique recreational communities, centered around an 840-acre private lake known for boating, fishing, waterskiing, snowmobiling and year-round outdoor activities. Thousands of surrounding lakefront homes, cottages and residential neighborhoods create a loyal local customer base, while growing residential developments throughout the area continue expanding that market. Significant seasonal visitation, especially during warmer months, brings added traffic to local restaurants and gathering spots, with strong peaks during spring, summer, fall and winter recreation seasons.<br><br>Standalone restaurant properties in lake communities rarely come to market. Your chance to own both the building and real estate in one of the county’s most recognizable recreational areas. Its history as a longstanding area destination demonstrates proven viability as a gathering place for locals and visitors alike. With the right vision and concept, a new owner can reestablish this property as Wonder Lake’s next popular dining and social destination!<br></p>

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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