Stephenson County, IL Miscellaneous Restaurant and Bars For Sale

Well Established Full-Service Restaurant With Bar - Property Included!
Well Established Full-Service Restaurant With Bar - Property Included!

Freeport, IL

An upscale, yet casual full service restaurant for the entire family. Offering a variety of fresh seafood and mouth watering steaks. Plus, homemade soups, great sandwiches, gourmet salads, juicy burgers, fresh pastas and more. Warm and inviting with dark wood. Dining room with beautiful fireplace. Full bar with 4 drafts and additional seating, as well as 5 video gaming machines in a partially closed area. Private banquet room for up to 50 people for rehearsal dinners, showers, memorials, meetings, parties and more. Enclosed deck for wonderful outdoor seating. Lush landscaping. Dine in, carry out, banquets and catering. Fully equipped kitchen with large exhaust hood, 10 burner stove with two ovens, two fryers, griddle, flat top, steam table, freestanding refrigerated prep table, two walk-in coolers, two door freezer and more. Build in 1932, added on in 1948 and in 1978, plus renovations in 2001. Also 3 new air conditioners and furnace in 2014. New water heater in 2016. Appraised value of building and 1.28 acre property in 2015 was $500,000 not including furniture, fixtures and equipment. 2016 real estate taxes $11,223. Zoned B-1-1. Prime retail space in a one story 6,200 sqft freestanding building on approximately 1.28 acres (58,806 sqft) with its own parking lot on a well traveled road. Perfectly situated just a half hour west of Rockford. Year Established: 1932 (Current Owners 2007 - 10 Years). Gross Sales (2016): $544,000 (Asset Sale - No Financials) Averaged $3,000/mth in gaming revenue (location's take!). Opportunity to do much more! Keep the current concept or make it your own at this ideal location! Family owned and operated (currently closed). Feel free to stop by the location. This is a highly confidentially listing. If interested, contact EatZ for more information. Showings by appointment only. Listed by Tom Traina at EatZ & Associates / American Realty Network Inc

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