NOT DISCLOSED, Illinois
| Asking Price |
$159,000 |
Year Established |
2018 |
|
| Annual Revenue |
$1,409,937 |
Reason for Selling |
Other business interests. |
|
| Annual P/L |
$0 |
Attention |
Theo Theodosiadis |
|
| Annual Cash Flow |
$97,453 |
Listing Number |
1019029 |
|
| # of Employees |
20 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
High-Volume Well-Established One-Of-A-Kind Restaurant Affluent Western Suburb of Chicago - Sales Over $1.4 Million!
“In The Heart Of Its Historic Downtown Shopping & Dining District Walking Distance To Everything”
A distinctive supper club-style restaurant blending vintage charm with modern culinary flair, a cherished destination for locals and visitors seeking an intimate, memorable dining experience. A thoughtfully curated menu of creative American cuisine featuring fresh seafood, prime steaks, inventive small plates and mouthwatering desserts, plus seasonal comfort food sourced from local producers. Popular weekly specials include Thursday Rib Night, Friday Fish Fry and Saturday Prime Rib. Full bar serving inventive cocktails, local craft beers and fine wines. Inspired by classic Midwest supper clubs, the nostalgic yet contemporary interior features dim lighting, candlelit tables and whimsical touches for a cozy, romantic setting. Full-service fine dining open for happy hour and dinner with reservations accepted. Private and semi-private rooms, or the entire restaurant, host rehearsal dinners, intimate wedding receptions, baby showers, holiday, birthday, engagement and corporate parties, networking events and more. Well established over 8 years. Independent with no royalty, advertising or transfer fees. Turnkey opportunity with a loyal following, ready for its next owner!
Property Features and Assets:
<p>Prime retail space on the main thoroughfare of an affluent, sought-after western suburb, nestled in its highly desirable retail corridor. Nearly 58,000 residents with average income over $125,000 within a 3-mile radius. Surrounded by over 160 independent boutiques, specialty shops, restaurants and pubs, offering high-end fashions, jewelry, original art, gifts, gourmet treats, wine stores, local brewing and distilling. One of the area’s best shopping and dining destinations with tons of foot and vehicle traffic, a popular tourist draw and special events year-round. Ample street and city lot parking.<br><br>SqFt: 3,000<br>Seating: 96 Inside<br>Hrs: Mon 5-9pm, Tue-Thu 5-10pm, Fri-Sat 5-11pm (Closed Sunday)<br>Owners Role: Largely passive, oversees operation with attentive, knowledgeable staff in place (5 FT/15 PT)<br>Training: 2-4 weeks comprehensive on-site<br>Lease: $6,400/mth gross, currently month-to-month; landlord will provide new 5-year lease with three 5-year options<br></p>
Market Competition and Expansion:
<p>A premier dining experience and local favorite, widely regarded as best in class and a standout in the area’s competitive dining scene. The seasonal menu changes throughout the year, showcasing fresh, flavorful dishes made with produce and meats from nearby farms. A delightful blend of tradition and innovation creates an artistic experience that makes it the ultimate go-to spot for romantic dinners, special occasions or a relaxed evening out. Known for exceptional food, atmosphere and service, earning a stellar reputation to continue building upon. Highly rated and recommended at 4.6 Google, 4.6 OpenTable, 4.2 Facebook, 4.1 Yelp and more. A true suburban downtown gem in a highly coveted location close to outdoor recreation along the Fox River. Strong upside for a new owner: today it serves dinner only, six nights a week, leaving room to add lunch, weekend brunch, Sunday service or catering and further grow the private events business.<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