Successful Pizza and Ribs, Upscale Restaurant on Hard Corner
Business Description
Bring your Pizza and Ribs upscale concept to this gorgeous facility, on almost 4 acres, (built in 2004), on a hard corner in highly affluent Long Grove IL. With over 40,000 VPD, this 22,000/sf location boasts an outdoor split patio for over 150 seats, with over 200 parking spots, (Extra parking lot was added). Three operational floors, two kitchens, multiple bars, smokers, pizza ovens, a gorgeous main bar, 6 video gaming machines, (owners 2024 take: $53,058), very reasonable rent and a great Landlord make this your next location. 10 years left on a very reasonable lease.
About the Business
- Number of Employees
- 30
- Facilities & Assets
- Two story brick structure with large outdoor split patio. Some equipment in the kitchen consists of:
2e Walk-in coolers
1e Walk-in freezer
Upstairs kitchen
Elevator
Upstairs Seating 100
Dining Room Seating 110
Bar Seating 90
Basement Seating 100
Patio Seating 200
2e Walk in Coolers and 1e Walk in Freezers in basement
Commissary in basement
Kitchen office in Basement
Management Team in Place
Owner Financing Possible - Website
- https://troyrealtyltd.com
- Market Outlook / Competition
- No Ribs/Pizza restaurant within 5 miles.
- Opportunities for Growth
- If changing concepts, an Italian Steakhouse would work great here. Or, keep it as is and increase sales through sales initiatives and training.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 17,000
About the Sale
- Seller Motivation
- Too many other business obligations and this one doesn't get enough attention.
- Transition Support
- Owner will stay on for 30 days for training. Longer is negotiable.
- Financing Options
- Open for discussion
Listing Info
- ID
- 2407984
- Listing Views
- 88
Attached DocumentsAttachment Disclaimer
Listing ID: 2407984 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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