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Beautiful Restarant With Bar & Banquet Room Chicago - Popular Portage Park!

Chicago, Illinois
Beautiful Restarant With Bar & Banquet Room Chicago - Popular Portage Park!
Asking Price:$99,000
Monthly Rent: $9,000
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 1999
Status: For Sale

Contact Details

Contact Name: Ted Aretos

Contact Email:

Contact Phone: 815-761-8334

Contact Fax: 847-620-2934

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Business Description

Featuring a full bar, spacious dining room and separate banquet room perfect for hosting large parties or events.  Fenced in sidewalk patio.

Elegant yet casual build-out.  Warm and inviting atmosphere.  Great ambiance.  Rustic wooden tables & chairs handmade in Columbia.  Wooden floors.

Fully-equipped kitchen includes 11ft hood, 6 burner stove with oven, deep fryer, char grill, steamer, sandwich unit, fridge, walk in freezer and much more.

Asset sale.  Limited financials - sale price is not based on seller's financials.  The owners are retiring and are not selling the concept, as they own another restaurant with the same name nearby.

Has operated as a successful Columbian steakhouse for over 19 years - bring your concept to this ideal location.

Family owned and operated.

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: Cook

Location: Prime corner retail space on the northwest side of Chicago in the popular Portage Park neighborhood. Near the bustling Six Corners outdoor shopping district. Surrounded by a heavily populated residential area.

Facilities: Leased space $9,000/mth all in. New 3-5 year lease with options. Square Feet: 5,800. Seating: 130 (10 Bar + 40 Dining Room + 80 Banquet Room). Days/Hrs of Operation: Mo-Th 11a-10p & Fr 11a-11p & Sa 9a-11p & Su 9p-9p.

Competition: This is the only place of its kind in the Portage Park. Great neighborhood spot!

Growth and Expansion: Perfectly situated in a vibrant community. Boasts high traffic volume and high foot traffic.

Seller Financing: No

Reasons For Selling: Retiring.

Value Of FF&E: Included In Asking Price


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