Highly-Successful Longstanding Destination Dining/Entertainment Venue!
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Highly-Successful Longstanding Destination Dining & Entertainment Venue - With Property!
"The Asking Price Includes A Well-Maintained Property With Substantial Prior Capital Investment"
A rare opportunity to acquire one of Chicagoland’s premier destination dining and live entertainment venues.
The combined businesses generate approximately $7.67M million in gross sales, demonstrating its strong and stable performance.
Facility Highlights:
• Freestanding, high-visibility commercial property included in the sale
• Large building footprint with multiple distinct yet connected concepts under one roof
• Spacious full-service restaurant and bar areas with flexible seating configurations
• Expansive four-season patio
• Dedicated live music/entertainment venue with professional stage, lighting and sound systems
• Built-in infrastructure for large-scale events and entertainment programming
• Private event spaces ideal for corporate functions, weddings and social gatherings
• Ability to host simultaneous revenue-generating experiences
• Ample on-site parking supporting high-capacity operations
• Well-maintained property with substantial prior capital investment
Offered at $8,500,000 for the combined businesses and real estate, this turnkey operation delivers exceptional brand recognition, well established systems, multiple revenue streams, significant historical performance and additional growth potential through extended programming and service expansion.
Diversified Revenue Streams:
• Full-service dining (lunch, dinner, weekends)
• High-energy bar with craft cocktails and an extensive wine list
• Nightlife sales
• Live entertainment/ticketed shows
• Private events and group bookings
• Catering and special events
The combination of food, beverage and entertainment creates a powerful, destination-style concept that performs across multiple dayparts and customer segments!
Prime retail space in a striking freestanding building with ample parking.
In a highly desirable Chicagoland market with strong discretionary spending, repeat local clientele and regional draw for dining and live entertainment.
Location Highlights:
• Prominent positioning along a major corridor with strong traffic counts
• Immediate access to/from major commuter routes and regional thoroughfares
• Proximity to retail corridors, corporate offices and residential communities
• Strong surrounding household incomes and discretionary spending power
• Consistent draw from both local clientele and destination visitors
• Established reputation as a go-to dining and entertainment destination in the market
Seller Financing Available: No (SBA financing is available to qualified buyers with a minimum of 10% down, provided they can demonstrate proof of funds of at least $1.7M in liquidity and show 10% post close in liquid cash or access to it).
This is a HIGHLY confidential listing. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Additional information provided to well qualified buyers upon NDA execution, proof of funds and the ability to demonstrate that they have a minimum of $1.7M liquid.
Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC
"The Asking Price Includes A Well-Maintained Property With Substantial Prior Capital Investment"
A rare opportunity to acquire one of Chicagoland’s premier destination dining and live entertainment venues.
The combined businesses generate approximately $7.67M million in gross sales, demonstrating its strong and stable performance.
Facility Highlights:
• Freestanding, high-visibility commercial property included in the sale
• Large building footprint with multiple distinct yet connected concepts under one roof
• Spacious full-service restaurant and bar areas with flexible seating configurations
• Expansive four-season patio
• Dedicated live music/entertainment venue with professional stage, lighting and sound systems
• Built-in infrastructure for large-scale events and entertainment programming
• Private event spaces ideal for corporate functions, weddings and social gatherings
• Ability to host simultaneous revenue-generating experiences
• Ample on-site parking supporting high-capacity operations
• Well-maintained property with substantial prior capital investment
Offered at $8,500,000 for the combined businesses and real estate, this turnkey operation delivers exceptional brand recognition, well established systems, multiple revenue streams, significant historical performance and additional growth potential through extended programming and service expansion.
Diversified Revenue Streams:
• Full-service dining (lunch, dinner, weekends)
• High-energy bar with craft cocktails and an extensive wine list
• Nightlife sales
• Live entertainment/ticketed shows
• Private events and group bookings
• Catering and special events
The combination of food, beverage and entertainment creates a powerful, destination-style concept that performs across multiple dayparts and customer segments!
Prime retail space in a striking freestanding building with ample parking.
In a highly desirable Chicagoland market with strong discretionary spending, repeat local clientele and regional draw for dining and live entertainment.
Location Highlights:
• Prominent positioning along a major corridor with strong traffic counts
• Immediate access to/from major commuter routes and regional thoroughfares
• Proximity to retail corridors, corporate offices and residential communities
• Strong surrounding household incomes and discretionary spending power
• Consistent draw from both local clientele and destination visitors
• Established reputation as a go-to dining and entertainment destination in the market
Seller Financing Available: No (SBA financing is available to qualified buyers with a minimum of 10% down, provided they can demonstrate proof of funds of at least $1.7M in liquidity and show 10% post close in liquid cash or access to it).
This is a HIGHLY confidential listing. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Additional information provided to well qualified buyers upon NDA execution, proof of funds and the ability to demonstrate that they have a minimum of $1.7M liquid.
Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC
About the Business
- Years in Operation
- 36
- Employees
- # Of Employees: 75.
- Facilities & Assets
- Owners Role: Oversees operations - experienced team in place.
Square Feet: 13,000.
Seating: 200 Restaurant + 350 Venue.
Days/Hrs of Operation: Restaurant Tu-Sa 11a-9p & Su 10a-9p | Venue 11a-12m Tu-Su.
Property Information: Custom built freestanding building with expansive footprint, high-end finishes, ample parking, high visibility and easy access. Recently renovated with significant capital investment in mechanicals, HVAC, AV infrastructure, lighting and patio enclosures. On 29,157 sqft or 0.669 acre. Real estate taxes $64,217. - Market Outlook / Competition
- An exceptional combination. A dining, drinking and entertainment hub. Boasts diversified and synergistic revenue streams, consistent growth and proven profitability.
The restaurant features an expansive bar, an elevated American menu and ample seating including year -round dining on their four-season patio.
The state-of-the-art live-entertainment venue hosts high- margin private functions, weddings and corporate events alongside ticketed national acts (Ticketmaster/Live Nation/Song Kick presence). - Opportunities for Growth
- Established over 3 decades ago with a strong brand presence. A long-standing dining destination partnered with a live music and events venue creating a "dinner + show" ecosystem that consistently draws from the Chicagoland metro area as well as regional visitors.
Also, the opportunity to enhance profitability through expanded marketing, booking and programming.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 13,000
About the Sale
- Seller Motivation
- Retiring.
- Transition Support
- Negotiable on-site comprehensive training along with a defined transition period.
- Financing Options
- No.
Listing Info
- ID
- 2493030
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2493030 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.
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