Chicago, IL & Scottsdale, AZ - etta Restaurant and aya Bakery Portfolio

Business Description: Chef-established high-grossing restaurant and bakery national portfolio in high-profile locations available for sale.

Three popular high-grossing restaurants in high-profile locations and one high-grossing bakery are included in this portfolio sale. This offering is a court supervised sale of the assets and intellectual property of etta, a popular chef-established Italian-centric neighborhood restaurant that serves wood-fired food and Aya, a popular West Town, Chicago, a popular chef-establish bakery serving signature breads, celebratory cakes, whimsical sweets and breakfast pastries. Centered around the wood-fired hearth, expert culinary team peppers each menu with their favorite seasonal dishes that are meticulously crafted for a top-notch culinary experience. From crave-worthy pizza and warm focaccia, to fresh, crisp seasonal salads to family-style shared pig and lobster picnics, etta has something for everyone. Just as the kitchen is the focal point of interaction within a home, etta’s open kitchen design gives guests that same intimate experience. Each restaurant features a wood-burning brick oven, as well as a giant wood-fired hearth for spit roasting and grilling.

Upon approval of buyer, the lease terms will be assigned/negotiated subject to landlord approval. Terms of sale and bidding procedures will be provided upon execution of non-disclosure and approval of prospective interest.

Location: River North, Bucktown, West Town (Chicago, IL) and Scottsdale Quarters (Scottsdale, AZ)

River North is a lively neighborhood in the Near North Side. It boasts luxe shops and eateries, plus posh nightclubs and cocktail bars. Opened in 1930 in a former industrial area, the sprawling Merchandise Mart attracts throngs of shoppers to its home and office design showrooms. Surrounding the Mart, artist’s studios in converted warehouses and lofts form a hub that sustains the area’s foremost art galleries.
― Google

Bucktown is a hive of activity that draw shoppers hunting for unique finds, foodies looking for the trendiest eats, and bar hoppers searching for late-night buzz. A good way to see the area is on The 606, a repurposed rail line that gives you an elevated view of four distinctive Chicago neighborhoods: Wicker Park, Bucktown, Humboldt Park, and Logan Square. You’ll find walkers, joggers, bikers, public parks, art installations, overlooks, and more all along the 2.7-mile stretch.
― choosechicago.com

Scottsdale Quarter is the premier shopping destination in North Scottsdale. With market-exclusive brands, unique dining and entertainment destinations, and a mix of national and locally-owned specialty shops, the center boasts a dynamic offering of things to do for both visitors and locals. The Quarter is also home to the park-like gathering space, The Quad, featuring the largest pop-jet fountain in the region.
― experiencescottsdale.com

Sprawling West Town contains a busy stretch of West Chicago Avenue, dotted with New American restaurants and cafes. The Wicker Park area is known for cool global dining, live music bars, and boutiques, while in the Ukrainian Village, the Ukrainian Institute of Modern Art hosts varied cultural events. Featuring a lagoon with a beach, Humboldt Park is also home to the National Museum of Puerto Rican Arts and Culture.
― Google

Purchase Price	Negotiable	Property Taxes	Refer to Marketing Materials
Lease Rate	Refer to Marketing Materials	OpEx	Refer to Marketing Materials
Size (Approx.)	Refer to Marketing Materials	Licenses	Must apply for.

Bidding Procedures

Dates	Bid Deadline	Bidding Procedures
	Each Bid must be transmitted to the Notice Parties via email or regular mail so as to be actually received by the Notice Parties on or before the Bid Deadline.	Full details on the bidding procedures can be found in the Data Room. Data Room access will be provided upon completing a Non-Disclosure Agreement. Please contact the Kudan Group for more information.
	Auction	Potential Bidders
	If the Debtors receive a Qualified Bid for the Assets, other than the Stalking Horse Bid for such Assets, the Debtors will conduct the Auction to determine the Successful Bidder with respect to such Assets.	To participate in the bidding process or otherwise be considered for any purpose under these Bidding Procedures, a person or entity interested in consummating a Sale must deliver: 1. an executed confidentiality agreement on terms acceptable to the Debtors, to the extent not already executed; 2. information demonstrating that the Potential Bidder has the financial capability to consummate the applicable Sale, including, but not limited to, the most current audited and unaudited financial statements of the Potential Bidder, Financials of the equity holder(s) of the Potential Bidder or such other form of financial disclosure as is acceptable to the Debtors, and a written funding commitment acceptable to the Debtors and their advisors of the equity holder(s) of the Potential Bidder to be responsible for the Potential Bidder’s obligations in connection with the applicable Sale); and 3. a letter of intent that demonstrates such Potential Bidder’s intent to submit a Bid that meets or exceeds the Minimum Bid.
	Sale Hearing
	A hearing to consider approval of the Sale of the Assets to the Successful Bidders is currently scheduled to take place before the Honorable Karen B. Owens in the United States Bankruptcy Court for the District of Delaware.
		Qualified Bidders
		A qualified bidder is a Potential Bidder whose Financials, or the Financials of its equity holder(s), as applicable, demonstrate the financial capability to consummate the applicable Sale and whose Bid is a Qualified Bid.

Downloads
Select to download document.

Flyer – etta River North (Chicago,IL)	Flyer – etta Bucktown (Chicago, IL)	Flyer – etta Quarter, (Scottsdale, AZ)	Flyer- aya West Town (Chicago, IL)

Offering Memorandum – Portfolio	Non-disclosure Agreement

Pictures

etta – River North (Chicago, IL)

etta – Bucktown (Chicago, IL)


etta – Scottsdale Quarter (Scottsdale, AZ)



aya – West Town (Chicago, IL)

360° Virtual Tours

etta – River North

etta – Bucktown

etta – Scottsdale Quarter

aya – West Town

Contact

	Brian Laskov Managing Broker 312-575-0480 Ext. 114 brian@kudangroup.com
	Georg Simos Senior Broker 312-575-0480 Ext. 113 georg@kudangroup.com
	Juan Carlos Gomez Principal 312-575-0480 Ext. 111 juancarlos@kudangroup.com

Inquire

etta Restaurant and aya Bakery Portfolio

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