MAPLE PARK, Illinois
| Asking Price |
$65,000 |
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 OKelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1019411 |
|
| # 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 an established, turnkey tap house and restaurant in the heart of downtown Maple Park, Kane County, IL!
Three ways to acquire: buy the business assets for $65,000, including draft system, furniture, fixtures, equipment, build-out, trade name, goodwill and a new lease; lease it fully equipped at an affordable $3,500 per month with landlord-owned FF&E included in the rent; or buy the building with draft system, FF&E, build-out, trade name, goodwill for $350,000.
Opened in 2017, this independent gastropub built a loyal following for its Illinois-focused craft beer lineup, historically offering more than 100 bottled and canned beers, plus beer-battered cheese curds, Bavarian pretzels, specialty sandwiches and elevated pub fare. Its award-winning smash burger was named WGN-TV Chicago’s Best Burger.
A 4.5-star Google rating with 760+ reviews, plus positive Restaurantji, TripAdvisor and BeerAdvocate reviews, reflect a strong reputation. Keep the recipes, website and customer loyalty program, or introduce your own concept and branding. Ideal for a neighborhood bar & grill, sports bar, gastropub, craft beer bar or wine-focused concept.
Listed by Brian O’Kelly and Ted Aretos at EatZ & Associates/EatZ Real Estate Group LLC
Property Features and Assets:
<p>Charming Main St storefront with 20 feet of frontage, next to a popular artisan coffee shop and the US Post Office, surrounded by established neighborhood businesses and taverns. Walk to the Civic Center and local parks. Sits along the annual Fun Fest celebration area, drawing crowds for its parade, car show and entertainment, and near Kuipers Family Farm, a regional seasonal destination. </p><p>Lincoln Hwy (Route 38) carries ~8,100 vehicles daily, with easy access to Elburn, DeKalb and Sycamore. Strong demographics: $110,759 median household income within 1 mile. Rustic interior with long wood bar and comfortable dining areas.</p><p><br>SqFt: 1,586 on 0.05 acres<br>Seating: 47 (bar, tables & screened patio)<br>Hrs: We-Th 3p-9p, Fr 3p-10p, Sa 11a-10p, Su 11a-8p<br>Owners Role: Absentee; 2 full-time & 2 part-time employees<br>Training: Negotiable on-site comprehensive training<br>Lease: New modified gross; terms & options negotiable<br>Property: Built 1950, renovated 2022, B-1 zoning, street & village parking<br></p>
Market Competition and Expansion:
<p>Affordable entry into restaurant ownership: an established location, existing kitchen, bar infrastructure and build-out for a fraction of the cost of opening a comparable restaurant from scratch. Manageable occupancy costs let an incoming owner focus on operations, customer experience and business development instead of a costly construction project. </p><p>Ideal for an experienced restaurant operator, craft beer enthusiast, first-time owner or hospitality group seeking an affordable expansion opportunity. Multiple growth opportunities: introduce lunch, Monday-Tuesday service and extended hours. Host private gatherings and special events on the patio. Increase online ordering, takeout and third-party delivery. </p><p>Develop a catering program to extend sales beyond the four walls. Build community engagement with beer tastings, sports viewing parties, live music and seasonal promotions. Reintroduce membership programs, beer clubs and recurring specials to drive repeat visits. Enhance marketing through social media, local partnerships and targeted promotions. Video gaming potential, as the location previously operated 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