Tupelo Data Room

restaurant and food business for Sale in Illinois

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One-Of-A-Kind Restaurant Affluent Western Suburb - Sales Over $1.4M! photo
American Restaurants
+1

One-Of-A-Kind Restaurant Affluent Western Suburb - Sales Over $1.4M!

Kane County, IL, US

High-Volume Well-Established One-Of-A-Kind Restaurant Affluent Western Suburb of Chicago - Sales Over $1.4 Million! "In The Heart Of Its Historic Downtown Shopping & Dining District Walking Distance To Everything" A distinctive supper club-style restaurant that seamlessly blends vintage charm with modern culinary flair. A cherished destination for both locals and visitors alike seeking an intimate and memorable dining experience. Serving a thoughtfully curated menu of creative American cuisine, featuring fresh seafood, prime steaks, inventive small plates and mouthwatering desserts including an eclectic menu of seasonal comfort food sourced from local producers. As well as a variety of supper club specials like Thursday Rib Night, Friday Fish Fry and Saturday Prime Rib. In addition to an array of inventive cocktails, alongside a curated selection of local craft beers and fine wines. Inspired by classic Midwest supper clubs, offers a nostalgic yet contemporary dining atmosphere. Its beautiful interior features dim lighting, candlelit tables and whimsical touches, creating a cozy and romantic setting. Full-service restaurant with full bar. Fine dining. Open for happy hour and dinner. Reservations accepted. Also, private, semi-private rooms or the entire restaurant is available to host a variety of events including rehearsal dinners, intimate wedding receptions, holiday parties, baby or wedding showers, networking events, birthday parties, corporate dinner parties, engagement parties and much more. Well established over 7 years. Independent - no royalty, advertising or transfer fees. Turnkey! Prime retail space on the main street/main thoroughfare running through the popular historic downtown of an affluent sought-after western suburb. Encircled by a population of nearly 58,000 residents with an average income of over $125,000 within a 3-mile radius. Nestled in the town's highly desirable retail corridor. Surrounded by over 160 independent boutiques, specialty shops, restaurants, eateries and pubs. One-of-a-kind shops specializing in high-end fashions, exquisite jewels, original works of art, one-of-a-kind gifts, skin care products, as well as coffee, tea, chocolate, gelato, ice cream, popcorn, baked goods, spices and olive oil, plus wine stores, local brewing and distilling. Perfectly situated along with many other desired local businesses. One of the best shopping and dining experiences in the area. Tons of foot and vehicle traffic. Also, a popular tourist destination. Plus, lots of special events throughout the year. And ample street and city lot parking. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Theodosiadis at [email protected] or call 847-910-4657 for more information. Showings by appointment only outside of business hours.

$159,000Asking Price
$1,409,937Revenue
$97,453Cash Flow
Long-Established Highly-Acclaimed Restaurant N Suburb-Sales Over $2.9M photo
American Restaurants
+1

Long-Established Highly-Acclaimed Restaurant N Suburb-Sales Over $2.9M

Cook County, IL, US

Long-Established Highly-Acclaimed Restaurant North Suburb of Chicago - Sales Over $2.9M! "In A Highly Visible Freestanding Building Along One Of The North Shore's Premier Commercial Corridors" A rare opportunity to acquire one of Chicagoland's most respected chef-owned restaurants with decades of success and an exceptional reputation throughout the region. Its highly acclaimed farm-to-table concept has built a loyal following over 20 years by combining culinary flair with locally sourced ingredients and a warm, neighborhood-focused dining experience. Founded and operated by two nationally recognized culinary professionals, the restaurant has become a dining destination known for its seasonal menus, unwavering focus on quality and commitment to sustainable agriculture. Offering a mouthwatering menu of elevated American cuisine prepared with classic culinary techniques and fresh locally sourced ingredients. Menu Highlights • Locally sourced premium steaks & meats • Fresh fish & seafood • Legendary signature dishes • House-made soups & pastas • Local farmer-inspired omelets • Garden-fresh salads featuring local produce • Seasonal vegetables & pies • Exceptional homemade ice cream & house-made desserts Drink Highlights • Local & craft beers • Curated wine selection • Craft cocktails • Martinis & old fashioneds • Mocktails & non-alcoholic options In a warm and inviting space with an upscale yet approachable atmosphere that appeals to a broad demographic including professionals, families, local residents and destination diners. Featuring a full-service bar with seating, a well-appointed dining room, a spacious outdoor patio and a private event room, plus a full commercial kitchen. In addition to an experienced team dedicated to delivering exceptional hospitality. Long established 20+ years. Independent - no royalty, advertising or transfer fees. Dine-in or out ,plus carryout or pickup. Online ordering is also available and reservations accepted. Owner operated with long time staff in place - full back-of-house team, front-of-house manager, knowledgeable wait staff and longstanding bar program. This offering presents a unique opportunity to acquire a celebrated culinary destination with a distinguished reputation, strong community presence and a proven operating model. Or bring your concept here to this incredible facility in one of the most desirable dining markets in the Midwest. Take advantage of its amazing build-out, attractive lease, experienced team, area demographics and demonstrated volume. Also perfect for a steakhouse, seafood place, Italian eatery, Asian restaurant, Greek/Mediterranean kitchen, breakfast, brunch & lunch spot, grill, gastropub, brewpub and much more. Ideal for an owner-operator, hospitality group, chef-restaurateur or investor seeking an established, highly regarded restaurant with substantial goodwill and long-term growth potential or a plug-and-play to bring their own concept to one of the strongest demographic submarkets in the Chicago metropolitan area. Prime retail space in a highly visible freestanding building along one of the North Shore's premier commercial corridors, serving an affluent customer base with exceptional household incomes and strong discretionary spending power. The area benefits from a unique combination of affluent residential neighborhoods, corporate offices, professional services, healthcare facilities, various hotels and regional retail destinations that generate consistent lunch, dinner and special occasion traffic throughout the year. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.

$300,000Asking Price
$2,954,913Revenue
$163,284Cash Flow
High-Volume Well-Established Neighborhood Pizza Place-Over 21 Years! photo
Italian Restaurants
+1

High-Volume Well-Established Neighborhood Pizza Place-Over 21 Years!

DuPage County, IL, US

High-Volume Well-Established Neighborhood Pizza Place Affluent Western Suburb of Chicago - Over 21 Years! "A Beloved Carryout/Delivery Local Pizza Place" An incredible opportunity to purchase a beloved neighborhood pizza place. Offing delicious Chicago-style pizzas along with appetizers, loaded fries, wings, salads, sandwiches, wraps, calzones, pasta, specialty dinners, desserts and more A highly efficient pizza place, known for its authentic Chicago-style offerings and streamlined operations focused on carryout, delivery and repeat neighborhood business. Strategically positioned in dense, affluent and high-growth trade area. 2025 sales up 22.7% over 2024! Business Highlights: • Carryout and delivery business with consistent repeat clientele • Simple operation - counter service • No seating - carryout, pickup and delivery, plus large catering business • Features a small clean buildout with an optimized kitchen • Online ordering through their own in-house platform w/Google Maps monitor and Pizza Cloud phone system (no 3rd party fees) • A streamlined, efficient operation with lower labor requirements • Highly scalable and easy-to-manage • Long established local brand with a loyal repeat customer base Well established location for over 21 years. Independent - no royalty, advertising or transfer fees. As well as full operational flexibility. Prime retail space in a busy plaza on a highly desirable suburban corridor. Perfectly situated within an established shopping center along with other popular eating & drinking establishments, retailers and services. Benefits from excellent signage, visibility, access and parking. Ideally located along a major high-traffic retail corridor with access to major highways and commuter routes. Surrounded by dense residential neighborhoods with above average household incomes, consistent population growth and growing dining demand. Plus, in close proximity to schools, parks, youth sports facilities and community hubs. In addition to a strong daytime population supported by nearby office, medical and employment centers. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.

$450,000Asking Price
$793,000Revenue
$158,799Cash Flow
Rare Waterfront Restaurant & Bar Far NW Suburb of Chicago - Prop Incl! photo
American Restaurants
+2

Rare Waterfront Restaurant & Bar Far NW Suburb of Chicago - Prop Incl!

Lake County, IL, US

Rare Waterfront Restaurant & Bar Far Northwest Suburb of Chicago - Property Included! "Offers Direct Channel Frontage Leading Into The Chain O' Lakes, Complete With Outdoor Seating & 4 Private Boat Slips" An exceptionally rare opportunity to acquire both a fully equipped restaurant operation and its real estate in one of Lake County's most desirable waterfront recreational markets. Offered as an asset sale, this established independent restaurant occupies a highly visible freestanding building with direct channel frontage, private boat docks, outdoor waterfront dining, a full-service bar and video gaming. All of the infrastructure already in place for a new owner! This incredible opportunity allows an owner to build equity through ownership of the real estate while operating from a location that would be extremely difficult and prohibitively expensive to replicate today. The 2,500 sqft freestanding building sits on 0.29 acres with 100 feet of road frontage, ample customer parking, excellent visibility and direct access to a navigable channel leading to one of Northern Illinois' most popular recreational lake systems. The property also features 4 private boat docks, creating a destination dining experience for boaters throughout the busy spring, summer and fall seasons while continuing to serve a loyal year-round local customer base. Inside, the restaurant is completely equipped with a fully equipped commercial kitchen featuring a 12ft hood, numerous equipment upgrades, a dining room, full-service bar with 6 taps, video gaming area and an outdoor waterfront deck capable of accommodating additional seasonal seating. The current owners have also invested in updated kitchen equipment, plumbing improvements and a new front entrance. For buyers seeking multiple revenue streams, this opportunity delivers. In addition to food and beverage sales, the establishment operates 6 licensed video gaming terminals, with 2025 gaming income of $72,268 reflecting strong gaming activity at this location, further demonstrating the property's established customer base. Whether you're an owner-operator seeking your own building or an investor looking for an irreplaceable waterfront commercial property with tremendous upside, opportunities like this rarely come to market. Prime retail space in a highly desirable waterfront setting within the renowned Chain O' Lakes recreational region - one of the Midwest's premier boating and tourism destinations, attracting thousands of residents and visitors throughout the year. The Chain O' Lakes spans 15 interconnected lakes and is one of the busiest inland recreational waterways in the country, drawing boating enthusiasts, anglers, vacationers, weekend travelers and outdoor recreation lovers from across the greater Chicago metropolitan area. Well positioned along a busy avenue surrounded by an established mix of local restaurants and neighborhood taverns. Just minutes from a movie theater, multiple shopping centers and numerous everyday service businesses, creating continuous consumer activity throughout the day and evening. And strategically located between two of the area's primary transportation corridors near the Metra station, providing convenient access for both local residents and visitors traveling from Chicago and surrounding suburbs. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Pat Mahoney at [email protected] or call 847-208-9569 for more information. Showings by appointment only outside of business hours.

$395,000Asking Price
-Revenue
-Cash Flow
High-Volume Cafe & Restaurant w/Bar & Gaming Western Suburb-$1M+Sales! photo
Diners
+1

High-Volume Cafe & Restaurant w/Bar & Gaming Western Suburb-$1M+Sales!

DuPage County, IL, US

High-Volume Well-Established Cafe & Restaurant w/Bar & Gaming Western Suburb of Chicago, IL - $1M+ Sales! "Boasts Numerous Revenue Streams Serving Multiple Dayparts" Exceptional opportunity to acquire a well-established, highly-rated independent café and restaurant with full bar and licensed video gaming lounge located in a highly-desirable western suburb of Chicago in DuPage County. Established nearly a decade ago, this popular neighborhood concept has built a loyal customer following, strong reputation and proven operating history, generating over $1 million in combined gross revenue in 2025. This multi-faceted business combines a full-service restaurant with a counter-service cafe, full bar and gaming lounge. Dine-in, carryout, pickup and 3rd party delivery, plus huge catering business. In addition to 6 gaming terminals providing an additional high-margin ancillary revenue stream, generating $46,244 in gaming income in 2025. Its beautifully built-out space features an extensive commercial kitchen, dedicated specialty coffee/espresso counter, spacious dining room, bar area, separate gaming lounge and fenced-in patio. Its fully-equipped kitchen includes a large exhaust hood, 6-burner stove, walk-in cooler, char grill, flat-top, fryers and much more. Overall the facility can accommodate everyday dining, larger groups and high-volume periods with seating for more than 175 guests inside and out. And the dedicated gaming area provides an additional customer experience and revenue stream separate from the core food and beverage business. An experienced staff handles daily operations efficiently with relatively light owner oversight. Independent with no franchise royalties or corporate restrictions, a buyer may continue operating the established concept and benefit from its existing goodwill and customer relationships or potentially re-concept the fully equipped facility subject to landlord approval and applicable licensing. The asset sale includes all FF&E, leasehold improvements, trade names, website, social media, phone number, proprietary recipes and operating systems. Prime retail space in an established commercial center anchored by strong national/regional co-tenants and ample shared parking. Perfectly situated on a major western suburban commercial corridor with high visibility, strong daily traffic and convenient access. Plus, surrounded by a robust trade area supported by established retail, dining and entertainment uses. And strategically positioned in a dense residential area with an estimated population of ~37,500, median household income of approximately $90,800 and average household income of ~$108,000, plus a daytime population approaching 39,000. Location, location, location: - In the heart of a highly-desirable western suburb - An area of strong retail and entertainment draw - On a highly visible commercial corridor - Near a major intersection - Close to several interstates - convenient access to/from surrounding suburbs - Surrounded by a dense residential customer base - Strong employment base - high daytime population - Solid nearby hotel demand The sale is STRICTLY CONFIDENTIAL - employees, customers and vendors are not aware the business is for sale. The business name, exact location and additional details will be released only to qualified buyers after a Non-Disclosure Agreement has been signed. Please do not visit or inquire at any business you believe may be the subject of this ad. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.

$199,000Asking Price
-Revenue
-Cash Flow
High-Volume Crumbl North Shore Suburb  - Sales Over $715,000! photo
Bakeries
+1

High-Volume Crumbl North Shore Suburb - Sales Over $715,000!

Cook County, IL, US

High-Volume Crumbl North Shore Suburb of Chicago, IL - Sales Over $715,000! "Your Chance To Be Part Of The Crumbl Empire" Incredible opportunity to become part of America’s fastest growing dessert franchise. One that has revolutionized the industry and dominated the dessert market with its unprecedented success. Delicious, unique and tech driven! A beloved concept offering the freshest and finest gourmet desserts. Each week, their menu rotates to give customers 4 new flavors to experience along with their 4 classic flavors. Crumbl’s rotating menu features 200+ cookies, cakes, brownies, pies and desserts of all kinds. These incredible desserts rotate weekly and keep customers coming back every week to try new ones and to stock up on their favorites. Every dessert is made in an open-concept kitchen that allows customers to view the entire dessert-making process. Their modern, in-store experience is unique to Crumbl and why customers come back to experience again and again. And Crumbl’s decadent desserts wouldn’t be complete without their iconic pink packaging. Crumbl’s boxes are designed to perfectly fit each Crumbl dessert side-by-side, whether in a 4, 6 or 12-pack box. The unique shape along with the brand’s signature pink coloring make it recognizable and perfect for posting on social media! Additionally, their social-first design drives digital orders. Weekly flavor drops on YouTube and social media. Catering inspiration on Pinterest. 10.6M followers on TikTok, 6.3M followers on Instagram, 4M on Facebook and 1.4M on X. From celebrities, to influencers, to friends and family, their cookies get rave reviews. Has also been featured on CNBC, Good Morning America, Forbes, Mashed, Modern Retail, QSR and much more. Crumbl also considers itself a dessert tech company, priding itself not only on their gourmet desserts but also on using cutting-edge technology including Crumbl’s award-winning best-in-class app to gather consumer data, syndicate information and streamline the ordering process for customers. And their rotating weekly menu plays a key role in generating excitement about new & returning recipes, which continually bring past customers back into the store (or purchasing online for delivery). Plus, every Crumbl operation is also backed by a slick, smooth tech system that allows for a faster process and smoother experience for each customer. But that's not all. Crumbl's proven marketing strategies, social media presence, digital initiatives and local community engagement, continue to drive growth and success. And exclusive territory rights provide each owner with a protected market! Simple operation - no seating. Takeout, curbside pickup or delivery, plus catering and nationwide shipping. Online, app and phone ordering available. In addition to a mailing list for promotions, flavor drops and special offers. As well as a loyalty program, birthday club and gift cards. Plus, Crumbl now offers mini desserts, smaller versions of their weekly lineup which have become very popular! Prime retail space in a bustling 400,000 sqft shopping destination along with top-tier anchors. This popular center incorporates lifestyle, retail, wellness and eating & drinking tenants for everyday allure including CVS, Epic Burger, HomeGoods, Lowe’s, Potbelly, REI, Starbucks, Sweetgreen’s, Ulta, Whole Foods Market and more. And is perfectly situated at the intersection of two major thoroughfares with over 35,000 vehicles per day. Boasts over 3.1 million annual visits each year! Ideally located in an affluent and dense North shore suburb of Chicago with high consumer spending power. Surrounded by a population of over 71,000 with an avg household income of $260,000 within 3 miles. And a daytime population of more than 106,000! Listed By Tim Ryan at EatZ & Associates

$169,000Asking Price
$716,031Revenue
$154,062Cash Flow
High-Volume Crumbl Far Northwest Suburb - Sales Over $900,000! photo
Bakeries
+1

High-Volume Crumbl Far Northwest Suburb - Sales Over $900,000!

McHenry County, IL, US

High-Volume Crumbl Far Northwest Suburb of Chicago, IL - Sales Over $900,000! "Your Chance To Be Part Of The Crumbl Empire" Incredible opportunity to become part of America’s fastest growing dessert franchise. One that has revolutionized the industry and dominated the dessert market with its unprecedented success. Delicious, unique and tech driven! A beloved concept offering the freshest and finest gourmet desserts. Each week, their menu rotates to give customers 4 new flavors to experience along with their 4 classic flavors. Crumbl’s rotating menu features 200+ cookies, cakes, brownies, pies and desserts of all kinds. These incredible desserts rotate weekly and keep customers coming back every week to try new ones and to stock up on their favorites. Every dessert is made in an open-concept kitchen that allows customers to view the entire dessert-making process. Their modern, in-store experience is unique to Crumbl and why customers come back to experience again and again. And Crumbl’s decadent desserts wouldn’t be complete without their iconic pink packaging. Crumbl’s boxes are designed to perfectly fit each Crumbl dessert side-by-side, whether in a 4, 6 or 12-pack box. The unique shape along with the brand’s signature pink coloring make it recognizable and perfect for posting on social media! Additionally, their social-first design drives digital orders. Weekly flavor drops on YouTube and social media. Catering inspiration on Pinterest. 10.6M followers on TikTok, 6.3M followers on Instagram, 4M on Facebook and 1.4M on X. From celebrities, to influencers, to friends and family, their cookies get rave reviews. Has also been featured on CNBC, Good Morning America, Forbes, Mashed, Modern Retail, QSR and much more. Crumbl also considers itself a dessert tech company, priding itself not only on their gourmet desserts but also on using cutting-edge technology including Crumbl’s award-winning best-in-class app to gather consumer data, syndicate information and streamline the ordering process for customers. And their rotating weekly menu plays a key role in generating excitement about new & returning recipes, which continually bring past customers back into the store (or purchasing online for delivery). Plus, every Crumbl operation is also backed by a slick, smooth tech system that allows for a faster process and smoother experience for each customer. But that's not all. Crumbl's proven marketing strategies, social media presence, digital initiatives and local community engagement, continue to drive growth and success. And exclusive territory rights provide each owner with a protected market! Simple operation - no seating. Takeout, curbside pickup or delivery, plus catering and nationwide shipping. Online, app and phone ordering available. In addition to a mailing list for promotions, flavor drops and special offers. As well as a loyalty program, birthday club and gift cards. Plus, Crumbl now offers mini desserts, smaller versions of their weekly lineup which have become very popular! Prime retail space in a busy 370,000 sqft dominant retail center along with many national brands including Binny’s Beverage Depot, Famous Footwear, Five Below, Kohl’s, Planet Fitness, Target and more. Perfectly situated in the heart of this thriving northwest suburb’s main retail trade area. On its major route running through town lined with restaurants, retailers, services and car dealerships. Plus, over 27,000 vehicles per day. And a dense population of over 123,000 residents within a 5-mile radius! Optimally located in the largest suburb in McHenry County ~50 miles northwest of Chicago. A modern-day city that still retains its small-town charm. A great place to visit, dine, shop, play, live and enjoy all of its amenities which also includes a lake, golf course, recreation area, parks and wonderful schools. Listed By Tim Ryan at EatZ & Associates

$249,000Asking Price
$905,767Revenue
$171,000Cash Flow
High-Volume Established Tanoshii Sushi-Chicago Andersonville Location! photo
Sushi & Japanese Restaurants
+1

High-Volume Established Tanoshii Sushi-Chicago Andersonville Location!

Chicago, Cook County, IL, US

Exceptional opportunity to acquire Tanoshii Andersonville, a long-established, full-service Japanese & sushi restaurant prominently located in the heart of Chicago's highly desirable Andersonville neighborhood. Tanoshii has operated at this location since 2004, giving a new owner the benefit of more than 2 decades of operating history, neighborhood recognition & an established customer base. Your chance to acquire an established restaurant operation w/a recognizable name, established menu, online ordering infrastructure, catering business & loyal customers. Perfectly situated on highly-visible Clark St in Andersonville’s Business District, 1 of Chicago's premier neighborhood dining & shopping districts. Established Concept & Diverse Menu - Tanoshii has developed its identity around creative, chef-driven Japanese cuisine, combining traditional sushi & sashimi w/inventive signature rolls & an approachable omakase/chef's-choice experience. The current menu offers an extensive selection of sushi, sashimi, nigiri, maki, specialty rolls, appetizers, tempura, udon, kitchen entrées & hibachi. Along w/an extensive collection of specialty creations. The restaurant's omakase concept allows guests to communicate dietary restrictions & preferred spice level & then leave the selections to the chef. That broad menu provides several revenue channels & allows Tanoshii to appeal to serious sushi diners as well as customers seeking cooked Japanese dishes, vegetarian selections in addition to hibachi for lunch, takeout & delivery. Plus, the restaurant already has direct online ordering through Toast, along with 3rd-party delivery, providing an incoming owner w/established off-premise sales channels. Strong Reputation & Established Customer Following - Tanoshii has a substantial history in Chicago's restaurant market. OpenTable currently identifies the restaurant as a neighborhood gem w/a 4.9 rating. The restaurant has also received recognition from Chicago dining media. The Infatuation has described the Andersonville restaurant as a casual neighborhood destination offering quality sushi in a relaxed environment. That longevity & recognition would be difficult & expensive for a new restaurant concept to replicate. Turnkey Restaurant Operation - Giving a buyer the opportunity to step into an established operating restaurant rather than undertake the substantial cost, delays & risks associated w/developing a restaurant from a raw commercial space. Prime retail space on N Clark St in the heart of Andersonville, surrounded by one of Chicago's most distinctive collections of independent restaurants, bars, entertainment venues & specialty retailers. Choose Chicago recently named N Clark St in Andersonville the city's "Shop Local Capital" in its 2026 guide to Chicago's best shopping streets, specifically highlighting the corridor's combination of independent businesses w/its lively restaurant & bar scene. Andersonville's commercial district is specifically built around locally owned independent businesses, which gives an established independent restaurant such as Tanoshii an especially good fit w/the surrounding neighborhood. The location also benefits from a dense surrounding residential population combined w/destination customers coming to Andersonville specifically to experience the neighborhood. Built-In Neighborhood Events & Customer Traffic - Another significant advantage is Andersonville's exceptionally active calendar of neighborhood events. The district hosts Restaurant Week, wine walks, sidewalk sales, weekly farmers markets, holiday events & other promotions throughout the year. And most importantly Andersonville Midsommarfest, the neighborhood's signature annual street festival which brings together more than 80,000 people. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appt only outside of business hours. Listed By Tim Ryan at EatZ & Associates

$199,000Asking Price
$879,440Revenue
$137,732Cash Flow
Turnkey 2,941 SqFt Restaurant w/Bar & Gaming - Recently Renovated! photo
Pizza Restaurants
+1

Turnkey 2,941 SqFt Restaurant w/Bar & Gaming - Recently Renovated!

McHenry County, IL, US

Exceptional opportunity to acquire a recently renovated, fully equipped/operating restaurant & bar strategically located in one of the strongest retail trade areas in the far NW suburbs. This is an asset sale, making it especially attractive for an experienced owner-operator/restaurateur/multi-unit groups/gaming operators looking to expand, franchisee seeking a 2nd-generation location or entrepreneur wanting to introduce an entirely new concept. The existing Italian restaurant, pizzeria & bar concept can potentially be continued or the versatile buildout could be converted to a variety of restaurant uses including any full-service restaurant, bar & grill, sports bar or converted to a fast-casual, QSR, franchise, delivery/carryout-focused operation or other compatible food/beverage concepts. One of the property's strongest selling points is its 2025 renovation, offering a buyer the opportunity to step into a finished, permitted & operational restaurant at a fraction of the time/investment typically required to develop a comparable location from the ground up. Rather than taking on the expense, uncertainty & lengthy timeline associated with designing, permitting and constructing a restaurant from an empty shell, a buyer can acquire an established restaurant space w/the major infrastructure, kitchen equipment, dining room, bar, furnishings & operating systems already in place. Another major advantage is the ability to operate not only as a restaurant but also as a bar & gaming establishment. The current premises are licensed for on-premise liquor service & have live video gaming operating in a dedicated front-of-house area. Prime retail space in an established strip center w/great signage, high visibility, easy access, ample parking & complementary tenants. Perfectly situated along a heavily traveled thoroughfare w/20,000+VPD with convenient access from surrounding communities throughout McHenry/Kane counties. And just off one of THE premier retail corridors in Chicago's far NW suburbs benefiting from one of the region's strongest concentrations of shopping, dining, healthcare & commercial activity as well as an affluent, established residential population that surrounds it. This nearby regional retail corridor contains more than 3M sqft of retail space & maintains a commercial vacancy rate below 5%. A premier shopping, dining & entertainment destination with traffic approaching 50,000 VPD. Also, just minutes from one of the area's dominant lifestyle shopping destinations, a 548,000+ sqft dual-grocery-anchored regional center featuring Trader Joe's, The Fresh Market, Nordstrom Rack, Dick's Sporting Goods & numerous additional national retailers/restaurants. That center alone serves a primary trade area of more than 390,000 residents, demonstrating the considerable regional draw surrounding this restaurant location. Plus, the immediate corridor benefits from an unusually strong mix of national retailers, grocery stores, restaurants, entertainment, service businesses, healthcare facilities & corp employment that generate traffic throughout the day, evenings & weekends. Other nearby retail giants include Costco, Home Depot, Jewel-Osco, Kohl's, Lowe's, Meijer, Target, Walmart & numerous other national brands. And the surrounding market offers demographics particularly well suited to restaurant operations. The restaurant's immediate postal trade area contains ~31,959 residents & 11,639 households, w/an avg household income approaching $149,000. The broader regional retail corridor draws from nearly 400,000 residents w/avg household incomes exceeding $126,000 throughout the trade area. This combination of substantial retail traffic & a large regional customer base w/strong household incomes, established owner-occupied neighborhoods & families, provides an attractive foundation for dine-in, carryout, delivery, catering & bar-focused restaurant concepts. Listed By Pat Mahoney at EatZ & Associates

$75,000Asking Price
-Revenue
-Cash Flow
High-Volume Long-Established 5,000 SqFt Restaurant w/Liquor License! photo
Diners
+1

High-Volume Long-Established 5,000 SqFt Restaurant w/Liquor License!

Cook County, IL, US

High-Volume Long-Established 5,000 SqFt Restaurant w/Liquor License Northwest Suburb of Chicago - Premier O’Hare Hospitality Corridor! "Over 40 Years At The Intersection Of A Major E-W Arterial/Thoroughfare/I-294 Interchange Adjacent Major Hotels, Corp Offices & Entertainment" A rare opportunity to acquire a fully built-out, 5,000 sqft freestanding restaurant in one of the strongest hospitality corridors in the northwest suburbs. Offering a diverse menu of hearty breakfast options including buttermilk pancakes, crepes, French toast, waffles, benedicts, omelets, skillets, scramblers and other classic egg dishes. As well as a variety of delicious lunch and dinner items such as salads, soups, burgers, sandwiches, melts, clubs, quesadillas, stir frys, pasta, platters, entrees and more. Along with coffee, juices, smoothies, beverages and shakes. Plus, beer, wine and cocktails. And a kids’ menu. Full-service restaurant. Serving breakfast, lunch and dinner. Dine-in, carryout, pickup and 3rd party delivery, plus, catering. Online ordering is also available through their own website. And dining rooms available for business meetings and private events. Warm and welcoming interior. Well laid-out front and back of house. Hostess stand with wait area. Small bar with seating (full liquor license). Three spacious dining rooms with substantial seating at both booths and tables, plus counter seating. Along with a server prep station, prep kitchen and a large fully equipped commercial kitchen set up for high volumes. Established over 40 years! Current owner over 13 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Family owned and operated - general manager. 2025 sales over $1 million! Keep the current concept, a similar concept or bring your own to this ideal location. Has a strong foundation to either continue with current operations or transform to a completely different restaurant concept. Can keep the name or rebrand entirely. Its infrastructure, kitchen buildout, seating capacity and strategic location create a powerful foundation for a new operator! Prime corner retail space in a one-story freestanding building with great signage, high visibility, easy access and ample parking. Perfectly situated adjacent to a newly renovated hotel at the intersection of a major east-west arterial and major thoroughfare, also at a major I-294 interchange with high traffic counts. Just minutes from Chicago O-Hare International Airport. And minutes from the largest indoor entertainment facility in Chicagoland - a 18,000 seat venue which hosts various sporting events, family shows and concerts throughout the year! Strategically positioned near many hotels and corporate offices. Also, close to a large industrial park. In addition to several schools. Plus, surrounded by a vast and dense residential area of homes. Ideally located in a highly desirable northwest suburb with a great mix of industries including corporate headquarters, professional services, industrial, manufacturing and retail centers as well as excellent schools, parks and recreational facilities. An attractive place to work and live for families, professionals and retirees! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.

$138,500Asking Price
-Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for restaurant and food business businesses.

Under $500K

Median revenue$453k
Median cash flow$80k
Median sale price$130k
Multiple range1.2x - 2.5x

$500K to $2M

Median revenue$1.49m
Median cash flow$272k
Median sale price$750k
Multiple range2.1x - 3.4x

Over $2M

Median revenue$4.44m
Median cash flow$1.03m
Median sale price$3.20m
Multiple range2.7x - 4.0x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about restaurant and food business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating restaurant and food business acquisitions.

Reconcile the sales — point-of-sale against bank deposits and tax returns

Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.

Read the lease like it's the deal

Remaining term, escalations, and assignment rights can make or break a restaurant; a strong concept on a non-transferable lease is a problem you inherit.

Pressure-test prime cost — labor plus food

Margins are thin and move with wages and commodities; understand prime cost and how stable the kitchen and front-of-house staff are.

Confirm licenses and health standing transfer

Liquor licenses, health permits, and inspection history are valuable and sometimes fragile; review the record before you commit.

Test how much rides on the owner and concept

A chef-owner or personality-driven concept may not transfer; understand the recipes, systems, and whether the brand survives new ownership.

Budget for equipment and build-out condition

Kitchen equipment, refrigeration, and the dining room wear and date; tour it with someone who knows the gear.

Frequently Asked Questions

Answers to common buyer questions for this market.

Yes, but they're scrutinized closely because margins are thin and failures common. Verifiable cash flow, a transferable lease, and systems that run without the owner make the difference.