Tupelo Data Room
Bars, Pubs & Taverns, Miscellaneous Restaurant & Bars
Active

Popular Longtime Historic Downtown Pub w/Gaming-Nearly $1.1M In Sales!

Kane County, Illinois, United States
listing image
Asking Price$275,000
Revenue$1,081,477
EBITDA-
Cash Flow-
Description
Popular Longtime Historic Downtown Pub w/Gaming Far Northwest Suburb of Chicago - Nearly $1.1M In Sales! "A Rare Opportunity To Acquire One of Kane County's Premier Downtown Hospitality Venues" Opportunities like this are exceptionally rare. Located on the main street of a thriving historic downtown of a far northwest suburb of Chicago, this long-established independent pub (bar & grill) has been serving loyal guests for nearly two decades. Beautifully built out and fully equipped, this impressive 4,500 sqft venue offers everything an operator needs to step into a proven, revenue-producing facility. Its spacious layout features 2 completely separate full-service bars, including a vibrant main-floor pub and a private upstairs bar with its own dedicated street entrance - creating multiple revenue centers under one roof. Its second level is ideal for private celebrations, sports watch parties, live entertainment, fundraisers, corporate gatherings, networking events and countless other special occasions. Combined occupancy exceeds 300 guests, making this one of the area's largest and most versatile suburban downtown hospitality venues. The current owners have invested heavily in refreshing the concept, menu, branding and overall guest experience while preserving the character and charm that made this establishment a longtime local favorite. The operation is fully staffed, professionally equipped and currently generating nearly $1.1 million in annual sales, with incredible upside from 6 video gaming terminals recently added, creating a brand-new, high-margin ancillary revenue stream that requires virtually no additional labor. This one-of-a-kind bar and grill offers the warm atmosphere guests expect from a classic neighborhood pub, featuring exposed brick walls, attractive wood finishes, abundant televisions, inviting bars, multiple dining areas and a fully equipped commercial kitchen. Included in this asset sale is an extensive inventory of quality furniture, fixtures and equipment including numerous mounted televisions, seating for hundreds of guests, multiple bars with draft beer systems, beverage coolers, dedicated keg cooler, walk-in cooler, prep refrigeration, walk-in freezer, large hood, 6-burner range w/oven, grill, flat top, fryers, POS terminals and much more. As an independent with no franchise fees, royalty obligations or transfer fees, a buyer has complete flexibility to continue operating the current concept or can introduce their own take of a gastropub, sports bar, tavern or taproom, the infrastructure is already in place. Whether you're an experienced restaurateur looking to expand, an owner-operator seeking a premier location or an investor searching for an established hospitality asset with multiple revenue streams, this offering presents an exceptional opportunity to acquire a fully operational venue with substantial replacement value. Businesses offering this combination of size, character, location, licensing, two-bar configuration, event capabilities and immediate revenue potential seldom become available. Prime retail space in an attractive two-story historic building in the heart of the city’s historic downtown. Boasts great signage, exceptional main street frontage, high visibility, strong pedestrian/vehicle traffic and convenient public parking, including a large city parking garage for both daily guests and large private events. Perfectly situated along the community's historic main street, the venue benefits from daily shopping, nightlife and entertainment as well year-round community events and festivals that continually drive customers into the district. This is a HIGHLY confidential listing. If interested, please email Tim Ryan at [email protected] or call 847-343-1332 for more information. Showings by appointment only outside of business hours.
Real Estate
Rent is $6,806 per month
Building Size: 4500 sq. ft.
Furniture Fixtures & Equipment
$200k
Number of EmployeesFull-Time: 4Part-Time: 16
Year Established
2006
Reason Selling
Need to focus on other business.
Facilities & Assets
Owners Role: Owner operated (active day-to-day) - full-time manager. Square Feet: 4,500 + Basement For Storage Seating: 310. Days/Hrs of Operation: Daily 11a-2a. Year Established: 2006 (Current Owners Jan 2025). Lease Information: Leased space $6,806/mth gross. Current lease expires Nov 2026 with two 5-year options. These favorable occupancy costs further enhance this investment, providing an incoming owner with an attractive rent-to-sales ratio that is difficult to duplicate in today's market.
Support & Training
Negotiable on-site comprehensive training.
Market & Competition
Much more than a traditional pub, attracting lunch, dinner, happy hour and evening crowds. Offer a warm, classic ale-house feel with its unique historic character. Functions as a neighborhood meeting place, particularly during evenings and weekends. Appeals to nearby professionals, families, couples, groups, sports fans, craft beer enthusiasts, weekend visitors, late-night customers, and more. Consistently praised for their excellent food, great beer selection, friendly atmosphere and welcoming environment. Plus, an outstanding suburban downtown location. Its surrounding historic downtown district is highly walkable and serves as the city's primary entertainment corridor bringing a steady mix of local residents and visitors to the area. A proven long-time eating and drinking establishment!
Growth Opportunities
Local favorite. Popular upscale neighborhood gastropub. One of the area’s best-known independent neighborhood pubs. A “go-to” casual dining and drinking destination. Has built a strong following as a casual gathering place offering elevated pub food, an extensive craft beer selection, creative cocktails and late-night socializing. Its well established reputation makes it one of the most desirable full-service bar & grill sites in the northwest suburbs of Chicago!
Financing Options
No.
Related Categories
bar for Sale
restaurant and bar for Sale
Business for Sale in Illinois
Asking Price$275,000