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High-Volume Sports Bar & Grill w/Gaming Near W Suburb - Property Incl!

Cook County, IL

Seller Financing Available

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Asking Price:$1,399,000
Gross Revenue:$938,853
Real Estate:$1,000,000
Cash Flow:$269,000
Inventory:$30,000
Established Year:2018
Listing ID: 2275227Listing provided by BizBuySell
BUSINESS DESCRIPTION

Freestanding Building With Great Signage, Visibility, Access & Parking

The area’s premier sport bar and grill.

Full-service bar and restaurant. Dine-in or out, carryout and pickup. Online ordering also available.

Striking exterior. And welcoming interior featuring a fully-stocked wraparound bar, spacious dining area, many large screen tvs to watch all the games, stage for live music, billiards table and accordion doors that open to its sidewalk patio. Plus, a fully equipped kitchen.

Also, a semi-private gaming area with 6 video gaming machines plus ATM. 2023 gaming revenue (location’s take) $161,355.

Established over 6 years. Current concept over 3 years. Independent - no royalty, advertising or transfer fees. Absentee owned and operated - well-trained knowledgeable staff in place. Turnkey. And seller is willing to offer some owner financing to a well-qualified buyer!

Prime corner retail space in a freestanding building. Boasts great signage, visibility, access and parking.

Perfectly situated on a major thoroughfare between two other major thoroughfares. And surrounded by a dense residential area. Walking distance to many homes!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC

DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,350
Employees
10
Facilities
Established: 2018 (Re-concepted In 2021). Leased space $13,166/mth gross. Seller/landlord will give a new lease with options (if you only purchase the business). Property Info: One-story freestanding building on .124 acres. Real estate taxes ~$38K a year. SqFt: 5,350. Seating: 90 In & 25 Out (Can Accommodate Up To 200 People For Events!) Hrs: Mo-Sa 10a-2a & Su 11a-2a. Owners Role: Absentee owned - experienced staff in place. Value of FF&E: Included In Asking Price (Valued at $200K). Value of Inventory: $30,000 (Not Included In Asking Price).
Competition
Known for their great food, drinks, service, entertainment and atmosphere. Also, an excellent location in the commercial hub of a heavily populated area with a robust local economy. High liquor sales and gaming volume. Versatile facilities. Poised for sustained and future success!
Growth & Expansion
Local favorite. Hugely popular. A standout in the neighborhood. Area gem. Tons of regulars. Popular place for watching sports, casual dining, community gatherings, private parties, live music and more. Also, the ideal spot to host an event. And the perfect place to hit the jackpot! Highly rated and recommended, great reputation to continue to build upon. And huge social media following. Plus, tons of upside potential. Still lots more room for growth. Can expand the menu and add more food options (all the equipment is in place to add pizza)!
Financing
Yes, the seller is willing to offer some owner financing to a well-qualified buyer.
Support & Training
Negotiable on-site comprehensive training.
Reason for Selling
Other business interests.
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Ted
Aretos
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Ted Aretos
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