Cash Flow! Cash Flow! Cash Flow!!!!
Business Description
FINANCIAL PERFORMANCE OVERVIEW
This established Prospect Heights sports bar and dance venue demonstrates strong financial metrics with $1.5M gross sales (2024) and $300,000+ Seller's Discretionary Earnings, representing a 20% SDE margin. Gaming revenue provides additional stability with $127,243 take-home (2024) and $104,645 YTD through December 18, 2025, indicating consistent supplemental income streams. None of these numbers reflect any cover charges.
OPERATIONAL METRICS
• Total Capacity: 365 seats including 50-seat patio (14% outdoor seating ratio)
• Operating Hours: 3PM-3AM daily (12-hour operation window) Very Rare 20-hour license
• Licensed Hours: 4AM daily liquor license maximizes revenue potential
• Gaming Contract: Largest Model gaming account in Illinois (state-leading position)
• Lease Terms: $10,500/month NNN, Year 7 of 10-year extension (3 years remaining)
• Annual Rent-to-Sales Ratio: 8.4% ($126,000 annual rent / $1.5M sales)
REVENUE DIVERSIFICATION
• Primary Revenue: Food and beverage operations
• Secondary Revenue: Video gaming ($127K+ annual)
• Seasonal Revenue: Outdoor bands and summer festivals
• Peak Performance: DJ and dance operations Thursday-Saturday
COMPETITIVE ADVANTAGES
• Extended operating license (4AM daily) vs standard 2AM closures
• State's largest gaming account provides market differentiation
• Multi-bar configuration enables efficient high-volume service
• Professional sound system and lighting infrastructure support premium entertainment positioning
• Established customer base with proven nightlife demographic
GROWTH OPPORTUNITIES
• Current 3AM closure vs 4AM license provides 7 additional operating hours weekly
• Gaming contract transferable or replaceable at new owner discretion
• Seasonal outdoor programming expansion potential
• Strong landlord relationship supports lease renewal negotiations
FINANCING OPTIONS
• Owner financing available for qualified buyers
• Comprehensive owner training program included
• Turnkey operation with established vendor relationships
This data-driven opportunity combines consistent cash flow generation, diversified revenue streams, and measurable competitive positioning in the Cook County market.
This established Prospect Heights sports bar and dance venue demonstrates strong financial metrics with $1.5M gross sales (2024) and $300,000+ Seller's Discretionary Earnings, representing a 20% SDE margin. Gaming revenue provides additional stability with $127,243 take-home (2024) and $104,645 YTD through December 18, 2025, indicating consistent supplemental income streams. None of these numbers reflect any cover charges.
OPERATIONAL METRICS
• Total Capacity: 365 seats including 50-seat patio (14% outdoor seating ratio)
• Operating Hours: 3PM-3AM daily (12-hour operation window) Very Rare 20-hour license
• Licensed Hours: 4AM daily liquor license maximizes revenue potential
• Gaming Contract: Largest Model gaming account in Illinois (state-leading position)
• Lease Terms: $10,500/month NNN, Year 7 of 10-year extension (3 years remaining)
• Annual Rent-to-Sales Ratio: 8.4% ($126,000 annual rent / $1.5M sales)
REVENUE DIVERSIFICATION
• Primary Revenue: Food and beverage operations
• Secondary Revenue: Video gaming ($127K+ annual)
• Seasonal Revenue: Outdoor bands and summer festivals
• Peak Performance: DJ and dance operations Thursday-Saturday
COMPETITIVE ADVANTAGES
• Extended operating license (4AM daily) vs standard 2AM closures
• State's largest gaming account provides market differentiation
• Multi-bar configuration enables efficient high-volume service
• Professional sound system and lighting infrastructure support premium entertainment positioning
• Established customer base with proven nightlife demographic
GROWTH OPPORTUNITIES
• Current 3AM closure vs 4AM license provides 7 additional operating hours weekly
• Gaming contract transferable or replaceable at new owner discretion
• Seasonal outdoor programming expansion potential
• Strong landlord relationship supports lease renewal negotiations
FINANCING OPTIONS
• Owner financing available for qualified buyers
• Comprehensive owner training program included
• Turnkey operation with established vendor relationships
This data-driven opportunity combines consistent cash flow generation, diversified revenue streams, and measurable competitive positioning in the Cook County market.
About the Business
- Years in Operation
- 34
- Employees
- 15 (15 Part-time)
- Facilities & Assets
- A fully functional Sports bar with phenomenal sound and lighting. Fully functional kitchen and multiple bars. Full list available during Due Diligence.
- Opportunities for Growth
- Open earlier than 3PM, increase catering and to-go's
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,300
- Rent
- $10,500.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Negotiable
- Financing Options
- Owner will carry paper for qualified buyer
Listing Info
- ID
- 2451898
- Listing Views
- 24
Attached DocumentsAttachment Disclaimer
2025 gaming through Dec 18.pdf
Business Location
Listing ID: 2451898 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Food & Beverage Businesses for SaleIllinois Restaurants Businesses for Sale



















