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Turnkey Wicker Park Restaurant/Bar – Fully Remodeled

Chicago, Illinois, United States
Food and Restaurants
Company Data
Price
$400.0K
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Revenue
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Top 10%
Profit
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Business Overview
About the Company
**Business Description** This is a fully remodeled, 3,800 sq ft restaurant/bar with exceptional street presence\. The property features a Modified NNN lease with below\-market rent of $12,000 for a 5\-year lease with renewal options\. **Key Highlights:** - Outdoor Seating: Large outdoor patio with seating for 66 people on a wide sidewalk\. - Interior: Seating for 126 people, including a 16\-seat bar, mezzanine, and library room\. - Fully Equipped Kitchen: Includes a large walk\-in food cooler/freezer, Alcohol cooler with an outside delivery door, and 20 taps\. - Architecture: Beautiful wood and brick architecture with a 14' black iron line\. - Licenses: Transferable corporately held licenses for Incidental alcohol, Retail Food, and Sidewalk Café, along with a 50’ loading zone\.Wicker Park has become a highly desirable residential area and shopping district, surrounded by well\-known brands like CAVA, Supreme, Levi’s, ADIDAS Originals, YETI, Burton, and Urban Outfitters\. The location benefits from thousands of daily retail customers and strong demographics: within a 1\-mile radius, the population is 62,737, with an average household income of $152,496 and a median home value of $600,207\. **Detailed Information** - Inventory: Not included in asking price - Real Estate: Leased - Building SF: 3,800 sq ft - Lease Expiration: N/A - Employees: 15 - Furniture, Fixtures, & Equipment \(FF&E\): Included in asking price - Support & Training: 3 months of training and support provided by the seller\.
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