Iconic Pizza Pub Downtown Mount Prospect, IL - Space For Lease!

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Business Description

Details:
3,000 SqFt
Rent $4,000/Mth Gross
New Lease For 3-5 Years With Options
Seating Capacity: 210 (Seating Is Not Currently In Place - Must Be Added By New Owners)
Hours Also To Be Determined By New Owner
2 Bars, Dinning Room & Banquet Room
Double Deck Ovens
2 Walk-In Coolers
Draft Beer System
Great Visibility, Signage & Access
Real Estate Taxes Approx $4.00/SqFt
Great Pizza Pub Style Build-Out
Pizza Pub w/Gaming Preferred
New Operator Must Bring Their Own Concept
Reason for Leasing : Landlord Looking To Lease The Fully-Equipped Space

Excellent opportunity to lease a fully-equipped pizza pub in an ideal suburban downtown location.

Beautiful interior boasts warm woods, exposed brick, a gorgeous stone accent wall with a huge draft beer system, 1 large wrap around bar, another smaller bar, plus room for lots of seating and a place to add video gaming machines. Kitchen includes hood, double deck pizza ovens, 6-burner stove, 2 walk-in coolers and much more. Also features upgraded electrical and bathrooms. And has a partial basement for storage.

This is an incredible opportunity to hit the ground running!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Prime corner retail space in the heart of downtown Mount Prospect, a sought-after northwest suburb. Perfectly situated just off busy Busse Ave and Northwest Highway (Route 14) both with high traffic counts. Near the metra station and bus stop. Also close to many popular restaurants and bars including Brick City Tavern, Central Continental Bakery, Le Peep Café, Submarine Express and so much more. Surrounded by a dense suburban downtown residential and commercial area. Abundant free on-street parking and nearby public parking lots.

Feel free to stop by the location first. If interested, contact EatZ for more information.

Showings by appointment only.

Listed by Ted Aretos at EatZ & Associates

About the Business

Location:
Mount Prospect, Illinois
Year Established:
1970
Number of Employees:
N/A
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$4,000.00 Per Month
Lease Expiration:
1/1/2024
Facilities:
Leased space $4,000/mth gross. New lease for 3-5 years with options. Real estate taxes $4.00 sqft.

Square Feet: 3,000.

Seating: 210 (Seating Is Not Currently In Place - Must Be Added By New Owners).

Days/Hrs of Operation: To Be Determined By New Owner.

FF&E: Included In Asking Price
Market Outlook/
Competition:
Rare availability for an end-cap retail space with great visibility, signage, easy access and parking. Ideal downtown suburban location.
Growth & Expansion:
The very popular "Ye Olde Town Inn" occupied this space for almost 5 decades! 46+ successful years at this location as a thriving pizza pub. A real gem. Local favorite spot. Neighborhood joint. A staple in the community. Had lots of regulars for generations. A location everyone has come to love over the years. Huge population of residents in the surrounding high & mid-rise condos, apartments, townhouses, row homes and homes all within walking distance!

There's also the opportunity to add video gaming now and continue to grow along with the downtown!
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About the Sale

Reason For Selling:
Landlord is leasing a fully-equipped pizzeria & pub.
Seller Financing:
No

Listing Info

ID:
1580117
Ad Detail Views:
0
Asking Price:
$10,000

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 Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390


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