Beautiful Restaurant With Bar & Banquet Room - Popular Portage Park!

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Asking Price:
$99,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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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, steamer, char grill, 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.

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.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with patrons or employees.

If interested, contact EatZ for more information. Showings by appointment only.

Listed by Ted Aretos at EatZ & Associates

About the Business

Year Established:
1999
Real Estate:
Leased
Building Sq. Ft.:
5,800
Lease Amount/Mo.:
$1.55
Facilities:
Leased space $9,000/mth all in. New 3 to 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-Sa 9a-11p, Su 9a-9p.
Market Outlook/
Competition:
This is the only place of its kind in the Portage Park. Great neighborhood spot!
Growth & Expansion:
Perfectly situated in a vibrant community. Boasts high traffic volume and high foot traffic.
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About the Sale

Reason For Selling:
Retiring.
Seller Financing:
No

Listing Info

ID:
1478652
Ad Detail Views:
1480

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Business Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390

U.S. Census Data for Cook County, IL
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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