Popular Bar & Grill w/Games, Gaming & More-In The Heart of Byron, IL!

Byron, IL
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Asking Price:$1,350,000
Gross Revenue:$1,611,188
Real Estate:$850,000
Cash Flow:$283,228
Inventory:$30,000
Established Year:2016
BUSINESS DESCRIPTION

An exceptional opportunity to own a thriving entertainment venue in the charming town of Byron, IL. This well-established facility is well-known for its welcoming atmosphere, popular lounge area, top-notch bowling lanes and rooftop deck/bar!

Featuring: A full bar & grill area with ample seating, juke box and multiple tvs to watch all the games. A large open private party room with arcade games and electronic dart boards. A state-of-the art bowling center with 6 lanes, automatic scoring and leather sofas. Plus, a gaming area with slot machines and video gaming. As well as a full-service 700 sqft rooftop deck and bar with additional seating and tvs. In addition to a fully equipped kitchen with a full kitchen line and a 2,500 sqft basement for storage. Also, nicely appointed bathrooms.

Completely remodeled inside and out in 2017. Cool modern industrial interior with high ceilings, exposed ductwork, steel beams, vintage rock/brick, wood slat walls, ambient lighting, comfy metal seating and garage doors that open to the outside.

Full-service bar and grill. Dine-in, carryout or pickup. Lunch, dinner and happy hour, plus events and live music. Offers a delicious menu of appetizers, wings, salads, sandwiches, wraps, burgers, tacos, pizzas, desserts and other amazing casual fare. Also, a great kid’s menu. Wait list and reservations accepted. In addition to bowling party packages, as well as private parties of all kinds… corporate, team building, customer appreciation, fundraisers, sports teams, wedding rehearsals and much more. Plus, free wi-fi.

A rare chance to acquire a successful entertainment business that combines eating/drinking, socializing and bowling all in one exceptional location. A popular gathering place. Nothing like it. A total entertainment venue. One-stop-shop for food & drinks, fun and entertainment. Has it all!

Well established over 8 years. Independent - no royalty, advertising or transfer fees. Family owned and operated. Turnkey operation. Gaming revenue (location’s take) $116,697! Sales and gaming both up year over year!!

Prime corner retail space in a freestanding building with a striking exterior in its thriving downtown central business district in the heart of Byron. Near the main route running through town with high traffic counts. Boasts excellent visibility and convenient access!

Perfectly situated in this fantastic compact area with a wonderful mix of commercial, retail and civic establishments. Home to an array of businesses including small shops, boutiques, restaurants, cafes, professional services and more. These outstanding local businesses along with its pedestrian-friendly streetscapes, sidewalks and storefronts contribute to the unique character and charm of downtown Byron. Visitors and residents alike enjoy shopping for unique items, grabbing a bite to eat or drink, enjoying a game or utilizing its various services in this bustling district.

Downtown Byron also frequently hosts many community events including farmers markets, art fairs, live music performances, festivals, parades and other celebrations. These events bring everyone together and create a lively and engaging environment for all!

Feel free to stop by the location as a customer 1st. 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 Theo Theodosiadis at EatZ & Associates / EatZ Real Estate Group LLC


DETAILED INFORMATION
Location
Byron, IL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
11,843
Employees
34
Facilities
8,643 sqft one-story freestanding building with street parking. Plus, ample parking for another 50 vehicles in the municipal parking lot next door. Built in 1968 and renovated in 2017. On 11,935 sqft of land. 2022 property taxes $22,243. SqFt: 8,643 + 700 SqFt Rooftop + 2,500 Sqft Basement Seating: 80 Inside & 30 Outside. Hrs: Mo-Sa 11a-1a, Su 11a-12m. Owners Role: Semi-passive. Employees: 6 Full-Time & 28 Part-Time. Value of FF&E: Included In Asking Price (Valued at $375,000). Value of Inventory: $30,000 (Not Included In Asking Price)
Competition
Unique and creative food and drink menu. House made chips, salsa, guacamole, sauces, dressings and more. Well-stocked bar. Sixteen 50” flat screen tvs throughout. Caters to both casual and competitive bowlers including open bowl and league play. Hosts themed nights, special events and tournaments throughout the year. Incredible indoor and outdoor seating. Relaxed inviting space. Laid-back atmosphere. And awesome friendly service.
Growth & Expansion
Local favorite. Beloved fixture downtown. A hub of the community. THE place to be. A popular destination for bowling enthusiasts and for those seeking a fun atmosphere. The perfect spot to bring friends, family and co-workers or host a party. Tons of regulars. Broad loyal customer base. All in a vibrant town with a growing population! Rated 4.4 Google, 4.1 Facebook & more. Huge social media following. Established mailing list. Highly rated & recommended for all ages, great reputation to continue to build upon! Can also add 3rd party delivery.
Financing
No.
Support & Training
4-8 weeks on-site comprehensive training.
Reason for Selling
Pursuing other business interests.
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Ted
Theodosiadis
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Ted Theodosiadis