Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000!

Asking Price$149,000

Cash Flow
$45,912
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$724,949

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
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Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000!


Asking Price$149,000

Cash Flow
$45,912
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$724,949

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
A popular upscale gastropub featuring amazing scratch-made comfort food including starters, wings, sides, salads, burgers, tavern sandwiches, tacos, Detroit-style pan pizzas and more. Alongside handcrafted cocktails, margaritas on tap, a well-curated selection of local craft beers and wines. Plus, promotions, specials and weekday happy hour.

Full-service restaurant and full bar. Dine-in, takeout, pickup and 3rd party delivery, plus catering packages. Online ordering also available. Plus, gift cards and a rewards program. And accepts reservations.

Features a contemporary yet comfortable setting with stylish wooden and industrial finishes. Strikes an incredible balance between restaurant-quality cuisine and casual bar vibes, perfect for relaxed dinners and social outings. Boasts high ceilings with exposed ductwork, expansive windows, cool concrete floors, a large wrap around bar with 20 beers on tap, tall beverage coolers, many large screen TVs and ample seating at the bar, high-tops, tables and booths.

As well as a semi-private gaming area with 6 video gaming machines plus an ATM. Gaming added in 2022. 2024 gaming revenue (owners take) $129,011.

Established over 4 years. Independent - no royalty, advertising or transfer fees. Sales up!

Prime retail space in a busy 32,600 sqft plaza. Boasts great signage, good visibility, easy access, ample parking and high foot traffic.

Other popular tenants include a grocery, hot dog joint, sub place, Chinese restaurant, Mexican restaurant, ice cream shop, liquor store, barber shop, nail salon, phone store, dentist, insurance agency, vet and more. Also, across two large car dealerships. And close to the high school.

Perfectly situated at a signalized intersection of a major route with high traffic counts. Also, on a thriving retail and residential corridor.

Nestled in a mixed-use neighborhood close to homes, local attractions, large parks and the Fox River drawing a steady stream of customers.

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, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.

Listed By Tim Ryan at EatZ & Associates
About the Business
Years in Operation
4
Employees
15
Facilities & Assets
Leased space $9,100/mth gross. Current lease expires Jan 2031 with two 5-year options.

Square Feet: 4,000.

Seating: 110.

Days/Hrs of Operation: Mo-Th 11a-11p, Fr-Sa 11a-12m, Su 11a-10p.

Owners Role: Semi-absentee (supervisory) - oversees the operation with a manager in place.

# Of Employees: 5 Full-Time & 10 Part-Time.
Website
http://www.eatz-associates.com
Market Outlook / Competition
Upscale gastropub ambiance. Delicious scratch-made culinary offerings. A scratch kitchen that prepares everything fresh daily. In-demand comfort food at its best. Award-winning wings. Renowned pizzas.

The ideal place to watch sports, have drinks after work, go on a date, enjoy a family meal, meet up with friends and celebrate a special event. Also, the perfect place to hit the jackpot!

Known for its warm & inviting atmosphere, excellent food, creative cocktails and friendly service.
Opportunities for Growth
Local favorite. Staple in the community. A popular social hub. Area gathering spot. Attracts both cocktail and craft beer enthusiasts. THE place to watch a game.

Highly rated and recommended, solid reputation to continue to build upon!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$9,100.00 per month
Lease Expiration
1/31/2031
About the Sale
Seller Motivation
Retiring.
Transition Support
Three weeks on-site comprehensive training.
Financing Options
No.
Listing Info
ID
2383671
Listing Views
1356

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Business Listed by: Tim Ryan EatZ & Associates

Listing ID: 2383671 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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