Turnkey Landmark Bar & Restaurant + Beer Garden

UTICA, Illinois

Asking Price	$850,000	Year Established	2019
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	1019500
# of Employees	9	Business Category	Food & Beverage: Bars, Clubs, Nightspots

Business Overview:

Turnkey Landmark Bar & Restaurant + Beer Garden - Downtown Utica, IL!

“Historic 1874 Freestanding Building With Full Bar/24 Taps/Commercial Kitchen/Upstairs Event Space + Outdoor Hospitality Venue With Bar/Stage”

Rare opportunity to own or lease two complementary hospitality venues in historic downtown Utica, just 1.6 miles from Starved Rock State Park, Illinois’ most-visited state park with ~2.4 million annual visitors!

The landmark masonry corner building, formerly a longtime neighborhood tavern (Duffy’s), was extensively renovated in 2019 and features exposed brick, high ceilings, a distinctive rounded turret, inviting dining areas and a full basement with coolers, freezers and storage.

Across the street, the canal-view beer garden showcases repurposed shipping containers, custom artwork, firepits and varied seating, a sought-after destination for locally crafted beers, meads, ciders and acoustic/rock performances. A one-of-a-kind indoor/outdoor destination; keep the current concepts or bring your own vision!

3 Options To Acquire:

• Buy The Properties: $850,000 - both properties, draft system, build-outs, FF&E and bar & restaurant trade name/goodwill (beer garden name does not convey)
• Buy The Business Assets: $99,000 - both properties, draft system, build-outs, FF&E and bar & restaurant trade name/goodwill (beer garden name does not convey)
• Lease Fully Equipped: $6,500/mth modified gross, landlord-owned FF&E included

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

Property Features and Assets:

<p>Both high-visibility corner properties sit in Utica’s vibrant Mill Street dining and entertainment district, steps from the I&M Canal State Trail and surrounded by popular restaurants, breweries, wineries and shops, including August Hill Winery’s tasting room. </p><p>Nearby draws include Starved Rock Lodge, Matthiessen State Park and Grand Bear Resort’s indoor waterpark. In warmer months, Mill Street becomes a pedestrian-friendly outdoor dining destination, and the annual Burgoo Festival brings extra crowds each October. Easy IL-178 and I-80 access. Downtown retail vacancy recently reported at 0%!</p><p>SqFt: 4,748 (~4,448 sqft Bldg w/Basement + 300 sqft Bar Structure; 4,004 Decking)<br>Seating: 116 Indoor (16 Bar/45 Dining/55 Event) + 204 Outdoor (58 Bldg/146 Beer Garden)<br>Hrs: Mo/Th/Su 11a-8p; Fr-Sa 11a-10p; Beer Garden Seasonal<br>Owners Role: Absentee; 2-3 FT & 7 PT employees<br>Training: Negotiable on-site<br>Lease: $6,500/mth modified gross; tenant pays tax/insurance increases over base year<br>Property: Owned; 0.06 + 0.12 acres; C-1 zoning; 2025 taxes $12,074</p>

Market Competition and Expansion:

<p>Historic downtown Utica is an established destination for craft beverages, dining, shopping and entertainment, with surrounding regional attractions generating customer demand extending well beyond the local residential population. </p><p>With limited available commercial real estate, this offering’s two complementary hospitality properties provide an unusual opportunity to establish a substantial presence in one of Illinois’ most popular tourism districts and capture its significant visitor traffic.</p><p>Two Venues - Multiple Revenue Opportunities:</p><ul><li>Expand restaurant operations from 5 to 7 days a week, capturing additional weekday visitors</li><li>Introduce breakfast, brunch, expanded dining hours & tourist-focused menus for park visitors</li><li>Expand online ordering, takeout, packaged beverages & loyalty programs</li><li>Host rehearsal dinners, corporate events, celebrations & group outings in the upstairs event space and beer garden</li><li>Maximize beer garden operations with seasonal events, live music & private gatherings</li><li>Cross-promote indoor dining, craft beverages & outdoor entertainment between both venues</li></ul>

Additional Details: