Business Overview

A popular corner bar and sophisticated gastro-pub. The perfect place to meet friends, enjoy live entertainment, the big game, or enjoy a tasty menu of casual foods and craft drinks – both cocktails and brews. And a great place to people watch and an even better place to gather and experience their delicious food offerings and their amazing selection of 500+ bottles & cans of craft beers and spirits, including 50 rotating beers on tap. Also, the perfect spot to have a party. Plus, a great event calendar of special events!

Full service. Dine-in, carryout, pickup and delivery thru GrubHub. Offering a simple, yet carefully planned “upscale bar food” menu featuring the brand’s signature Barbarian Pretzel, salads, specialty pizzas, desserts and much more. Along with a tasty bunch menu available on Saturday and Sunday. Plus, on-tap menu and signature cocktail menu. Also, online and mobile ordering. And happy hour. As well as a rewards card.

Cool industrial interior features exposed ductwork, brick walls, smooth concrete floors, metal chairs and amazing garage doors that open to the sidewalk patio. Small, elevated stage for a DJ or live music. Many large coolers packed with beer!

Well established location for over 6 years. Absentee owned and operated. Turnkey – no additional investment required!

Asking Price: $325,000 + $20,000 Transfer Fee

Location: Prime corner retail space directly across the street from the Metra train station in the heart of an affluent western suburban downtown. In its entertainment district on its charming main avenue with lots of vehicle/foot traffic and ample parking in the city’s lots and on the street. This amazing, revitalized downtown is filled with restaurants, eclectic shops, services, residences and a movie theater that draws workers, commuters, visitors and families alike. Also hosts festivities every month of the year including special events, festivals, performances, parades and more. Plus, it’s surrounded by many upscale homes. And their outstanding private university with over 3,400 students is located just a 1/4 mile away!

Perfectly situated in a vibrant tree-lined densely populated western suburb just 16 miles west of Chicago’s loop with thriving retail, great dining, outstanding theatre & art, excellent museums and a variety of family friendly events during the year. Is convenient to both O’Hare and Midway Airports, as well as major highways 290, 294 and 88.

Chicago magazine ranked this sought-after community as the #1 Best Place to live out of 192 Chicagoland suburbs. Money magazine also named it among the region’s “Hottest Burbs.” It’s a city blessed with the ideal combination of schools, parks, culture, housing, transportation, safety and location. Long recognized as one of the most admired communities in DuPage County, is an appealing place for young professionals, families and businesses.

Feel free to stop by the location as a customer first. This is a highly confidential 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 Tim Ryan at EatZ & Associates

Financial

  • Asking Price: $325,000
  • Cash Flow: $128,365
  • Gross Revenue: $1,106,769
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $30,000
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,100
  • Lot Size:N/A
  • Total Number of Employees:20
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased space $12,061/mth gross. Current lease expires in Sep 2026 with two 5-year options. Square Feet: 4,100. Seating: 120 Inside & 30 Outside. Days/Hrs of Operation: Mo-Tu 3p-10p, We-Th 11:30a-10p, Fr 11:30a-12m, Sa 11a-12m, Su 11a-10p. Owners Role: Absentee operator. Franchisor is currently operating the franchise. Value of FF&E: Included In Asking Price (Valued at $150,000).

Is Support & Training Included:

Two-three weeks on-site comprehensive training. Plus, on-going support from the franchise.

Purpose For Selling:

Other business interests.

Pros and Cons:

An idyllic venue with energetic vibes. A space where the community can come together to enjoy great food, drinks, and entertainment all in a relaxed atmosphere. Also, great for work groups and private parties. A place where the beer is always cold, the food is always delicious and the live music is always great! A franchise that keeps innovating. Features hundreds of local and American craft beer choices. Immense beverage offerings and high-quality food. Authentic craft beers. Selections from around the world. Serving time tested craft beer, cocktail and food menus. All served in a social, fast casual atmosphere. An open, inviting setting. Cool place. And easy to operate kitchen! Ideal suburban downtown location. Known for their big tv’s, live entertainment, stylish interior, fun atmosphere, friendly staff, huge selection of craft beers, creative cocktails and fantastic food.

Opportunities and Growth:

The franchise began in 2012 as an American corner-bar, craft beer concept aiming to marry a cool, casual vibe with a curated craft beer list. Currently has several locations in 4 states with several opening in 2 more states - is steadily evolving into a national brand. Seeks to remain on the leading edge to bring all these things to its guests as tastes and trends evolve. A planned and proven business model. A growing brand. A local hangout - fun place with an upscale experience and incredible local appeal. Lots of regulars. Loved by many! At the leading edge of a rapidly growing industry. Americans love their beer: of the massive $221 billion alcoholic beverage industry, beer carves out a hefty $101.5 billion segment. The US craft beer market has soared by double-digits and is expected to capture a 20% share of the overall beer market in coming years. And craft liquors are enjoying their own wave of growth, with the number of artisan distilleries increasing by 30% a year. The National Restaurant Association recently named artisan spirits - “the craft beer version of hard liquor”- as a top trend. The $5 billion craft beer production industry is one of the fastest growing and most popular alcoholic beverage segments in the US; bolstered by the growing popularity of craft beer among consumers!

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 2016, making the business 6 years old.
The transaction doesn't include inventory valued at $30,000*, which ins't included in the asking price.

The business has 20 employees and is located in a building with estimated square footage of 4,100 sq ft.
The building is leased by the business for $12,061 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell businesses. However, the genuine factor vs the one they tell you may be 2 entirely different things. As an example, they might state "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in profits, or an array of various other reasons. This is why it is extremely vital that you not depend completely on a seller's word, yet instead, make use of the vendor's response combined with your overall due diligence. This will repaint a more practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies finance loans so as to cover things such as stock, payroll, accounts payable, and so on. Remember that occasionally this can suggest that profit margins are too small. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract new clients? Most times, companies have repeat customers, which develop the core of their daily revenues. Particular aspects such as new competitors growing up around the location, road building, as well as staff turn over can affect repeat customers and also adversely impact future revenues. One crucial thing to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business regularly, the higher the chance to develop a returning client base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Just how might the neighborhood average family earnings impact future income potential?