Business Overview

BUSINESS ONLY FOR SALE- *IVY RESTAURANT LLC* Well-Established Chophouse Restaurant in Downtown Wheaton for Sale Looking for a savvy business owner to take over this staple in Downtown Wheaton. Serving a sophisticated menu in the Western Suburbs for over 13 years, Ivy Restaurant offers a unique and beautiful sanctuary. The outdoor ivy and vines combined with the stained-glass windows and central fireplace present a mood and experience not easily forgotten. The relaxed, upscale setting completes an unforgettable dining experience. Ivy Restaurant features a magnificent 30ft. vaulted dining room that can accommodate 175 patrons. Two private dining and event spaces perfect for cocktail parties, weddings, showers and other events. The Chef’s Room can accommodate up to 20 guests with a fireplace overlooking the outdoor dining space. Up the winding staircase, The Board Room holds up to 50 people with a private bar and views of Downtown Wheaton. The outdoor patio is another sought-after space offering 3-season outdoor dining for 72 additional patrons. Intimate bar and lounge experience featuring an expansive, hand-crafted walnut bar and capacity for 48. Free parking with easy access directly adjacent to the restaurant in a covered garage and in front on Hale Street. Unlimited revenue potential with catering, private space rentals and attracting crowds with live music events. Ivy Restaurant has hosted many long standing, annual community events and traditions. Some of the beloved events include the New Year’s Eve Live Music Balloon Drop, Easter Brunch with Mimosa Bar, and Holiday Caroler Concerts during the month of December.

Financial

Seller Financing Available

  • Asking Price: $1,500,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:Yes
  • Building Square Footage:7,156
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A