North Shore Suburb – IL (Confidential – Must execute an NDA.)

Business Description: Profitable restaurant and bar with potential to scale on a quaint restaurant district for sale. 
Opportunity to acquire a profitable and scalable restaurant business located in a highly desirable North Shore Chicago submarket. This well-established concept operates from a small, efficient, and highly manageable footprint, making it ideal for both owner-operators and experienced hospitality groups seeking expansion. The business offers multiple revenue streams, including dine-in service, carryout, private events, and strong potential for off-premise dining and catering.The restaurant has built a loyal customer base and benefits from strong neighborhood demographics, repeat clientele, and consistent sales performance. Financials demonstrate stable profitability, with additional scalability available through brand development, enhanced digital presence, and potential multi-unit replication.

This opportunity is well-suited for:

  • Owner-operators seeking a turnkey, cash-flowing business
  • Restaurateurs looking to add a complementary concept
  • Investors targeting scalable hospitality platforms in strong suburban markets

This is a confidential offering.  Do not approach staff or management.  Financial review is required prior to scheduling a tour during off-operating hours, accompanied with the designated listing broker. 

Location: North Shore
Bordering Chicago along Lake Michigan, Chicago’s North Shore is considered one of the most scenic areas in the metropolitan area, combining the proximity to downtown Chicago (16 kilometers) with the charm and diversity of the area’s prosperous communities. Home to hotels and bed & breakfast inns, this is an ideal spot to base your Chicago visit. Take the city’s above ground rail train to Chicago’s city center; the ride alone is a great sightseeing adventure. Some of Chicago’s best attractions are on the North Shore, with abundant free parking. Walk the tree-lined streets, sample from globally-inspired menus and enjoy a sunrise over the lake; you can always get back to the big city later.

— visittheusa.com

Purchase Price $585,000 (Bus.) Property Taxes N/A
Lease Rate $44.56/SF Gross OpEx $6/SF (By separate agreement.)
Size (Approx.) 1,000 SF  Licenses Retail Food, Liquor

Downloads
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Marketing Material NDA

Pictures

Restricted Acess. Execute NDA.

360 Virtual Tours

Restricted Access.

Contact

Monica Palermo
Broker
312-575-0480 Ext. 115
monicapalermo@kudangroup.com
Monica is the Designated Agent of this listing. 

Juan Carlos Gomez
Principal
312-575-0480 Ext. 111
juancarlos@kudangroup.com

Inquire

North Shore Suburb – IL (Code MP012)

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Free Standing Single-Tenant Restaurant and Brewery for Sale. https://kudangroup.com/breweries-and-distilleries/western-suburb-elmhurst-169-171-n-addison-st/

This opportunity along with industry news was featured on our most recent volume of the KG Weekender.  For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners. 

View full weekender email here: https://conta.cc/4dSiBaV Join our growing community to be in the know.

Free Standing Single-Tenant Restaurant and Brewery for Sale. kudangroup.com/breweries-and-distilleries/western-suburb-elmhurst-169-171-n-addison-st/

This opportunity along with industry news was featured on our most recent volume of the KG Weekender. For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners.

View full weekender email here: conta.cc/4dSiBaV Join our growing community to be in the know.
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1 years ago