Hot Listing

Well-Established Local Bar w/Gaming-Prime Historic Downtown Location!

Asking Price$150,000

Cash Flow
$47,490
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$407,007

Inventory$5,000
Not included in asking price
FF&E$50,000
Included in asking price
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Hot Listing

Well-Established Local Bar w/Gaming-Prime Historic Downtown Location!


Asking Price$150,000

Cash Flow
$47,490
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$407,007

Inventory$5,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Incredible opportunity to own and operate a great local tavern!

Fully stocked bar with 8 beers on tap. Easy operation - no kitchen. Dine-in, takeout and 3rd party delivery.

Warm and inviting atmosphere. Boasts high ceilings, exposed rafters, gorgeous woodwork, exposed vintage brick and comfortable seating at the bar/several high-top tables. In addition to a shared patio with surrounding businesses out front on the street in warmer months. Also, tvs to watch all the games, electronic dart machine, old-fashion pinball machine, TouchTunes jukebox and ATM. Plus, a full basement for storage.

Semi-private gaming area in the back with 6 video gaming machines. Gaming revenue (location’s take) $65,000 and growing!

Well established with the current owner over 10 years. Independent - no royalty, advertising or transfer fees. Has a tavern license - no food necessary. Currently absentee owned and operated. Lots of potential for a new owner to manage!

Prime corner retail space in an attached brick historic building in this charming far northwest suburb’s historic downtown along with many other eating & drinking establishments. Perfectly situated in the heart of town close to shops, the movie theater and the Metra station!

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 Ted Aretos at EatZ & Associates
About the Business
Years in Operation
11
Employees
4
Facilities & Assets
Year Established: 2014 (Bar Location Over 50 Years!).

Lease Information: Leased space - cheap $3,000/mth gross. Landlord offering a new 5-year lease with options.

Square Feet: 1,100 + Basement.

Seating: 20 + Shared Street Patio.

Days/Hrs of Operation: Mo-Sa 11a-1a & Su 10a-12m.

Owners Role: Absentee owner.
Website
https://www.eatz-associates.com
Market Outlook / Competition
Great drinks. Cold beer. Cozy décor. Low key. Fun pub games. Perfect place to grab a drink, watch sports, play a game and hit the jackpot. Known for their friendly service!

Ideal location. In the heart of a picturesque and nostalgic downtown. Heavy foot and vehicle traffic. Also, surrounded by many homes!
Opportunities for Growth
Best little place around. Great little hometown bar. A downtown favorite. Local hang out. Bar location for over 50 years. Staple in the community. Beloved tavern. Cool joint. THE place for good times with good friends!

Highly rated and recommended, great reputation to continue to build upon for another 50 years. And growing social media following!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,100
Rent
$3,000.00 per month
About the Sale
Seller Motivation
Partners have other business interests.
Transition Support
Negotiable on-site comprehensive training (will vary depending on sale price of the business).
Financing Options
No.
Listing Info
ID
2311527
Listing Views
2585

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Business Listed by: Ted Aretos EatZ & Associates

Listing ID: 2311527 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.