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Incredible Restaurant w/Bar Antioch, IL - Ideal Downtown Location!

Antioch, Illinois
Incredible Restaurant w/Bar Antioch, IL - Ideal Downtown Location!
Asking Price:$79,000
Monthly Rent: $2,650
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2009
Status: New Listing

Contact Details

Contact Name: Tim Ryan

Contact Email: sales@eatz-associates.com

Contact Phone: 847-343-1332

Contact Fax: 888-673-3045

Contact Broker

Business Description

If you love to cook and want to own your own restaurant, this is the perfect opportunity for you!

A full-service restaurant. Currently open for dinner only. Plus, cooking classes and catering. Also, a private dining area for special events.

Nicely appointed interior. Gorgeous exposed vintage brick. One-of-a-kind bar at the back and expansive windows up front. Ample seating. As well as a fully equipped kitchen.

Asset sale - no financials. Full liquor license. Also, possible to add gaming.

Owner operated. Keep the current concept or make it your own!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Lake

Location: Prime retail space in a freestanding building in the heart of the downtown district of Antioch. A charming historic downtown with more than 100 eclectic shops and restaurants including clothing boutiques, arts and antiques shops, as well as eateries, restaurants, pubs, diners, pizzerias, coffee shops, bakeries and more. Antioch is also the "Gateway to the Chain O'Lakes," which is comprised of 13 interconnected lakes and waterways. Home to national fishing tournaments and boating recreation. Conveniently located midway between Chicago, Milwaukee and Rockford!

Facilities: Leased space - cheap $2,650/mth gross. Current lease expires 2023 with two 5-year options. Square Feet: 2,500. Seating: 60. Days/Hrs of Operation: Tu-Th 4p-9p, Fr-Sa 4p-9:30p, Su 4p-9p .

Competition: Ideal location downtown. A popular destination for visitors and locals alike. Surrounded by many other businesses. Also near many homes. A great gathering place. Excellent meeting location. Wonderful spot for a special event. Great ambiance. Cozy atmosphere.

Growth and Expansion: A real gem. Local favorite area to eat. Successful restaurant location for over 11 years. Incredible space to work with!

Support/Training: Two weeks on-site comprehensive training.

Number of Employees: 8

Inventory: $5,000

Seller Financing: No

Reasons For Selling: Retiring.

Value Of FF&E: Included In Asking Price

 

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