For Sale
$1,599,000

4275 Grand Ridge Rd Verona, IL 60479

Profitable Turnkey Restaurant/Bar, 6400 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Verona, IL property offers a high-volume, profitable restaurant and bar business on 3.7 acres. The 6,400 square foot building features a 60-seat dining room, a 24-seat bar with ample standing room, and a recently constructed outdoor pavilion with seating for 260 under mature oak trees. A fully equipped, spotless kitchen is designed for high-volume food service. The bar boasts a high-volume layout and a convenient beer cooler. Video gaming machines provide additional revenue streams. The property includes a covered front deck (40+ seats), a rear balcony overlooking the outdoor seating and patio, and a large, high-ceilinged basement with poured concrete walls (previously used for events). The business benefits from a large customer base and has hosted events with over 1,000 attendees. Included in the sale are Class C and package liquor licenses. The current owners are retiring, presenting a unique opportunity for a buyer to acquire a turnkey operation with significant growth potential. The business is currently closed on Mondays and during summer holidays, offering further revenue opportunities for a new owner. The asking price is $1,599,000.

Highlights

  • High-volume, profitable restaurant and bar on 3.7 acres in Verona, IL.
  • 6,400 SF building with 60-seat dining room, 24-seat bar, and 260-seat outdoor pavilion.
  • Fully equipped kitchen, high-volume bar layout, and video gaming machines.
  • Includes covered deck, rear balcony, and large basement; Class C and package liquor licenses included.
  • Turnkey operation with significant growth potential; $1,599,000 asking price.

Property Details for 4275 Grand Ridge Rd

Property type
Specialty properties, Land
Square Feet
6,400 SF

Location Insight

City
Verona
County
Grundy
State
Illinois
Latitude
41.2389559
Longitude
-88.4987184

FAQs

What type of property is this?
Specialty property - Profitable Turnkey Restaurant/Bar, 6400 SF
Where is the specialty property located?
The property is located at 4275 Grand Ridge Rd Verona, IL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: High-volume, profitable restaurant and bar on 3.7 acres in Verona, IL.; 6,400 SF building with 60-seat dining room, 24-seat bar, and 260-seat outdoor pavilion.; Fully equipped kitchen, high-volume bar layout, and video gaming machines.
How can I contact the broker?
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4275 Grand Ridge Rd
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