Restaurant & Bar With Gaming/Off Track Betting - Includes Property!

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Asking Price:
$1,295,000

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

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,300,000
included in asking price

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Business Description

A full-service family friendly restaurant and bar featuring 5 video gaming machines, plus off track betting for Arlington Park as well as all Illinois' thoroughbred and harness tracks, plus races from across the country.

Includes all the races and complete wagering menus from their full schedule of tracks along with daily racing programs and information. Can also wager on all the major races including the Arlington Million, the Illinois Derby, the Kentucky Derby, the Preakness, the Belmont, Calder's "Summit of Speed" and "Festival of the Sun", the Hollywood Gold Cup, the Breeders' Cup and harness racing's Breeders' Crown.

Bar boasts 70+ TVs (large & tabletop) to watch all the horse races and other sporting events! Also 9 self-service terminals, live mutual teller, free Wi-Fi and an ATM machine.

2017 gaming revenue (location's take) = $145,000!

Current menu features delicious appetizers, sandwiches, entrees, pizza, pasta and desserts. Plus kids menu.

Freestanding building with 70+ parking spaces. Volume ceilings. Ample seating with both booths and tables. Large horseshoe shaped full bar. Fully equipped kitchen.

Property was recently appraised at approximately $1,300,000 which includes a 2 story building on 1 acre of land.

Asset sale - no restaurant financials.

Keep the current concept or make it your own.

Prime retail space near a major highway running through this growing far northwest suburb. Easy in and out. Near the hospital. Recently named as one of Chicagoland's newest hotspot for development!

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.

Listed by Tom Traina at EatZ & Associates

About the Business

Year Established:
1999
Number of Employees:
14
Real Estate:
Owned
Building Sq. Ft.:
7,200
Facilities:
Year Established: 1998 (Same Owner 11+ Years). Property: About 1 Acre. 2016 property taxes $26,000. Square Feet: 7,200. Seating: 100+. Hrs Of Operation: Mo-Sa 10:30a-1a & Su 10:30a-12m.
Market Outlook/
Competition:
Great food. Great fun. Great combination of gaming, sports, spirts and eats.
Growth & Expansion:
Brings all the thrills and challenges of a day at the races right to McHenry, without having to drive all the way to the tracks. Lots of regulars. No other place like it nearby!
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About the Sale

Reason For Selling:
Retiring and moving.
Training/Support:
Two weeks on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1499491
Ad Detail Views:
994

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$
months
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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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U.S. Census Data for McHenry 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.

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