Long-Established Restaurant & Bar w/Gaming & Banquet Rms-Property Incl
Business Description
8,000 SqFt Freestanding Building On 3.22 Acres On A Primary Regional Corridor
Offering an incredible menu of prime rib, steaks, seafood, broasted chicken and more. In addition to hearty sandwiches, Italian favorites, house specialties and homemade desserts. Plus, delicious daily specials, their signature Friday fish fry and popular Sunday brunch!
Full-service restaurant with a full bar, gaming, multiple dining areas and banquet facilities. Dine-in or carryout, plus catering.
Features a welcoming entry, classic dining rooms and a warm cocktail lounge with a private gaming area with 5 state-of -the-art video gaming machines, plus flexible private-event/banquet rooms ideal for birthdays, graduations, showers, weddings, community functions, business outings, corporate events and more. In addition to a full commercial kitchen set up for high volumes!
Well established over 80 years. Independent - no royalty, advertising or transfer fees. Owner operated (supervisory) with an experienced kitchen manager and long-term staff in place. Turnkey!
Boasts multiple revenue streams - dining, cocktail lounge, gaming, banquet facilities and catering. Remarkable sales and gaming revenue growth in the last two years. 2024 gaming revenue $130,678!
Prime retail space in a large freestanding building on 3.22 acres.
Features a prominent monument sign at its entrance and ample parking for 100 vehicles. The parking lot can simultaneously accommodate both dining, lounge and banquet operations, as well as tour buses for large organized events.
Perfectly situated on a primary regional corridor and well-traveled state route with strong visibility and easy access. Its consistent week-to-week traffic from nearby big box retailers is complemented by other event venues, golf, recreation, conservation areas, seasonal surges and border-area visitors.
Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.
Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC
Full-service restaurant with a full bar, gaming, multiple dining areas and banquet facilities. Dine-in or carryout, plus catering.
Features a welcoming entry, classic dining rooms and a warm cocktail lounge with a private gaming area with 5 state-of -the-art video gaming machines, plus flexible private-event/banquet rooms ideal for birthdays, graduations, showers, weddings, community functions, business outings, corporate events and more. In addition to a full commercial kitchen set up for high volumes!
Well established over 80 years. Independent - no royalty, advertising or transfer fees. Owner operated (supervisory) with an experienced kitchen manager and long-term staff in place. Turnkey!
Boasts multiple revenue streams - dining, cocktail lounge, gaming, banquet facilities and catering. Remarkable sales and gaming revenue growth in the last two years. 2024 gaming revenue $130,678!
Prime retail space in a large freestanding building on 3.22 acres.
Features a prominent monument sign at its entrance and ample parking for 100 vehicles. The parking lot can simultaneously accommodate both dining, lounge and banquet operations, as well as tour buses for large organized events.
Perfectly situated on a primary regional corridor and well-traveled state route with strong visibility and easy access. Its consistent week-to-week traffic from nearby big box retailers is complemented by other event venues, golf, recreation, conservation areas, seasonal surges and border-area visitors.
Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.
Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC
About the Business
- Years in Operation
- 80
- Facilities & Assets
- Property: 8,000 sqft well-maintained single-story freestanding building with basement and 100 parking spaces. On 3.22 acres. Refurbished in 1987. Low real estate taxes $14,743.
Square Feet: 8,000 (+ Basement For Storage).
Seating: 230.
Days/Hrs of Operation: Tu-Th 11:30a-9p, Fr-Sa 11:30a-10p, Su 9:30a-9p (Closed Mondays).
Owners Role: Owner operated (supervisory) - oversees the operation. Operational systems and team in place for continued success! - Market Outlook / Competition
- Old school comfort food. Home cooked goodness. All dinners served with a relish tray. Soups made fresh daily. Homemade dressings, potatoes and desserts. Best fish fry and brunch in the area. Fully stocked bar with upgraded wine and liquor menu. Live piano entertainment. Popular place to celebrate or host a special event in-house and off-site services, plus catering packages. Also, the perfect place to hit the jackpot! Well known for their amazing food, classic supper-club ambiance and exceptional service.
- Opportunities for Growth
- Under the same name since 1946. Iconic monument sign. Dual-state landmark. Legendary dining establishment. Beloved institution in the area. A sought-after destination dining experience. With a loyal, multi-generational following. Huge regional draw from both northern Illinois and south-central Wisconsin!
Highly rated and recommended, outstanding reputation to continue to build upon for another 80 years!
Also, the opportunity to further increase revenue by expanding hours, enhanced banquet marketing and additional catering services.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 8,000
About the Sale
- Seller Motivation
- Retiring.
- Transition Support
- Negotiable on-site comprehensive training. Current owner will assist with the transition to ensure a seamless handover of operations and customer relationships.
- Financing Options
- No.
Listing Info
- ID
- 2421372
- Listing Views
Listing ID: 2421372 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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