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70 Seat Full Service or Fast Casual Restaurant – Far NW Suburban Outdoor Lifestyle Center!

Beautiful Outdoor Lifestyle Center With 80 Of The Best Specialty Stores Available In Northwest Chicagoland

Algonquin, IL

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Food Type: Bar/Pub/Tavern/Lounge, Greek/Mediterranean, Liquor License

Service Type: Fast Casual

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $

Gross Sales: $

Net Operating Income: $

Monthly Rent: $

Lease Expiration:

Lease Options:

Year Established:

Owner Operated: N/A

Seller Financing: N/A

Summary:

Currently offering authentic, richly flavored Mediterranean dishes. Serving appetizers, soups & salads, lunch, dinner and dessert. Their fresh-baked bread is prepared on site every morning. Full liquor license, but they chose to serve only beer & wine at this time.

Fully equipped kitchen with 16ft hood, range, griddle, broiler, char broiler, fryers, convection oven, meat slicer, 5 coolers, freezer and much more. Beautifully built-out with an open kitchen, exposed brick walls and fireplace – no expense spared.

Perfect space for your full service or fast casual concept! Such as a breakfast joint, bakery & coffee house, sandwich shop, wood-fired pizza place, etc…

Confidential listing, please do not discuss with employees!

Competition:

The shopping center to be in McHenry county. Ideally situated on this major north-south highway that runs through Crystal Lake, Lake in the Hills, Algonquin, Carpentersville, West Dundee, Sleepy Hollow, Elgin and more. The road is well known for being lined with retailers for nearly its entire length. Is also becoming a major employment center, with several million square feet of industrial and office space, as well as a number of hotels. In addition to a major medical corridor, with three hospitals.

Growth and Expansion:

Lots of repeat business. Rapidly growing area. Surrounded by enormous single family & multifamily home developments, a multitude of big-box retailers and large industries.

Location:

Prime retail space in suburban Chicago's newest upscale shopping and dining destination! This beautiful outdoor lifestyle center offers 80 of the best specialty stores available in Northwest Chicagoland. With over 600,000 total sqft, it is the largest lifestyle center in Illinois and among the largest in the United States. The tenants in the center are nicely varied, from discount clothiers, to specialty gift shops, to popular national fashion chains, to local independent shops, to big-box retailers and various restaurants. It was built in 2004 and continues to grow adding more shops and restaurants.It is the perfect location with its lovely appearance, including outdoor lighting, lush landscaping, sidewalks and brick pavers to connect the various buildings in the center, outdoor music, individually designed storefronts, benches and a number of special events held throughout the year, including art displays, celebrity guest appearances, summer concerts and horse-drawn carriage rides during the holidays.

County: Kane

Facilities:

Square Feet: 1,800. Seating: 70. Days/Hrs of Operation: Tu-Th 11a-9p, Fr-Sa 11a-10p & Su 11a-8p. (Closed Mondays)

Real Estate: Leased

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

Seller Financing Available: No

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