Turnkey Tap House & Restaurant-Downtown Maple Park

MAPLE PARK, Illinois

Asking Price $350,000 Year Established 2017
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 1019384  
# of Employees 4 Business Category Food & Beverage: Bars, Clubs, Nightspots

Business Overview:

Turnkey Tap House & Restaurant - Downtown Maple Park, IL!

“Freestanding Building - Full Bar With Rotating Draft Beer System - Fully Equipped Kitchen - Screened-In Patio”

Exceptional opportunity to acquire or lease an established tap house and restaurant! Three options: buy the property for $350,000 with all FF&E included, buy the business assets for $65,000 (draft system, FF&E, build-out, trade name and goodwill) plus a new lease, or lease it fully equipped.

Opened in 2017, this independent gastropub has built a loyal following for its Illinois-focused rotating craft beer lineup, historically 100+ bottled and canned beers, plus award-winning smash burgers, beer-battered cheese curds, Bavarian pretzels and specialty sandwiches. Its signature burger was named WGN-TV Chicago’s Best Burger. 4.5-star Google rating with 760+ reviews, plus strong Restaurantji, TripAdvisor and BeerAdvocate reviews.

Interior features a long wood bar, rustic finishes and warm lighting. Keep the current concept, recipes, website and loyalty program, or bring your own brand: neighborhood bar & grill, sports bar, gastropub, craft beer or wine bar. An affordable entry into restaurant property ownership: stop paying rent, build equity, or lease to an operator for income.

Listed by Ted Aretos and Brian O’Kelly at EatZ & Associates / EatZ Real Estate Group LLC

Property Features and Assets:

<p>Prime Main St location in Maple Park, a growing Kane County community serving the greater Kaneland area. Adjacent to an artisan coffee shop and US Post Office, surrounded by established neighborhood businesses, taverns and gathering places, walking distance to the Civic Center and local parks. Sits along the annual Maple Park Fun Fest grounds, which attract crowds for the parade, car show and entertainment, and near Kuipers Family Farm, a popular seasonal destination. </p><p>Nearby Lincoln Hwy (Route 38) carries ~8,100 vehicles daily, with access to Elburn, DeKalb and Sycamore. 1-mile median household income tops $110,000. 20 ft of frontage; street and village parking.<br><br>SqFt: 1,586<br>Seating: (Bar, Tables & Screened-In Patio)<br>Hrs: We-Th 3p-9p, Fr 3p-10p, Sa 11a-10p, Su 11a-8p<br>Owners Role: Absentee<br>Training: Negotiable on-site<br>Property: Built 1950, renovated 2022, 0.05 acres, zoned B-1, 2025 RE taxes $4,293<br></p>

Market Competition and Expansion:

<p>Whether buying the real estate, purchasing the FF&E or leasing turnkey, a buyer avoids the expense and lengthy process of building a bar & restaurant from scratch, stepping into a proven location with an established reputation.</p><p>Plenty of untapped upside remains for an energetic new owner</p><p>- Expand hours by adding lunch, Monday-Tuesday service and extended evening hours</p><p>- Maximize outdoor dining by booking private gatherings and special events</p><p>- Grow online ordering, takeout and 3rd-party delivery to capture more at-home diners</p><p>- Launch a catering program for family gatherings and office lunches</p><p>- Build community engagement by hosting beer tastings, sports viewing parties, live music, trivia nights and seasonal promotions</p><p>- Reintroduce or expand membership programs, beer clubs, promotional events and recurring specials to drive repeat visits</p><p>- Boost marketing through social media, local partnerships and targeted promotions to reach new customers in surrounding communities</p><p>- Video gaming potential, since the location previously operated video gaming terminals<br></p>

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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