Sports Bar & Grill | Multi-concept Venue
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This Sports Bar and Grill a smoke-free, multi-concept venue strategically located in a North Chicago suburb.
Operating since 2018, the establishment offers a diverse array of entertainment options designed to attract a
broad clientele. The current business owners are exploring new opportunities and seeking a buyer who can
continue the business's legacy and growth trajectory.
The sale of this business includes all necessary
equipment to ensure seamless operation, such
as all kitchen equipment, food and beverage
inventory, dining tables, dining chairs,
glassware, dishware, silverware, televisions
and associated technology, speaker systems,
and office supplies
Note that this sale is for the business only and
not the real estate. The owners are open to
selling the real estate as part of the deal for the
right price.
Operating since 2018, the establishment offers a diverse array of entertainment options designed to attract a
broad clientele. The current business owners are exploring new opportunities and seeking a buyer who can
continue the business's legacy and growth trajectory.
The sale of this business includes all necessary
equipment to ensure seamless operation, such
as all kitchen equipment, food and beverage
inventory, dining tables, dining chairs,
glassware, dishware, silverware, televisions
and associated technology, speaker systems,
and office supplies
Note that this sale is for the business only and
not the real estate. The owners are open to
selling the real estate as part of the deal for the
right price.
About the Business
- Years in Operation
- 8
- Facilities & Assets
- Property Includes:
Building: 18,000 SF
Land: 1.675 Acres
Parking: 93 Spaces
Overall Interior - 18,000 SF:
Slot Machines - 350 SF (6 slot machines)
Outdoor Patio - 10 tables (4 seats each)
Bar Side and Bar - 1,500 SF
Restaurant – 3,500 SF (can seat 100 people)
Jumbotron, Stage, and Game Area – 6,000 SF
Golf Simulator – 2,500 SF
Speakeasy Bar and Lounge – 2,500 SF - Market Outlook / Competition
- Demographics:
Average Household Income Range in
1 to 5-mile Radius: $120,000 - $200,000
Five-year Population Growth Forecast:
2.7% to 3.5% projected increase - Opportunities for Growth
- Potential buyer(s) will receive active licenses required to operate certain aspects of the business. Active contracts
include Slot Machines, Beer, Liquor, & Food. Current contracts exclude off-track betting (OTB) & sportsbook
gaming. Herein lies the opportunity with the purchase of the business. OTB and sportsbook gaming licenses will
become available if the buyer(s) is/are interested. A sports bar and grill obtaining a license for OTB and
sportsbook gaming can dramatically increase foot traffic, average spend, and long-term customer loyalty. Upon
acquiring the OTB and sportsbook gaming licenses, this venue will be the northernmost facility in Illinois that
becomes accessible to the Wisconsin market. The establishment is located 15 to 20 miles south of the Wisconsin
border, where online (app) sports wagering is illegal, and in-person sportsbook gaming is limited to a few tribal
casinos.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 18,000
Listing Info
- ID
- 2507688
- Listing Views
- 44
Attached DocumentsAttachment Disclaimer
Listing ID: 2507688 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.
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