SellMyRestaurant.ai

New Listing! Beloved Long-Established Restaurant & Banquet Hall w/Property Lyons, IL – 42 Years

An incredible opportunity to acquire a long-established full-service restaurant and banquet facility including its real estate on a highly desirable, heavily traveled corridor of Lyons, IL. This iconic destination has been a cornerstone of the community for decades, offering a powerful combination of steady restaurant traffic and private event hosting. The business and property are ideally suited for an experienced operator or investor seeking a large-scale hospitality asset with immediate operating capability and substantial upside through modernization or repositioning or redevelopment. Included is a large full-service restaurant with a full-service bar. Open for breakfast, lunch and dinner. Dine-in, carryout, pickup and 3rd party delivery. Online ordering is also available. Full liquor license till 2a and 3a on Saturdays. Featuring a well laid out interior with vestibule, hostess stand, wait area and large wait station, plus ample seating. And a semi-private gaming area with 6 video gaming machines, plus ATM. 2025 gaming revenue (location’s take) $82,947! Plus, an expansive banquet hall with a dance floor, two bars, private bathrooms and its own separate entrance. Able to accommodate groups ranging from 45 to 250 guests. The room can also be split in two to be able to host two separate events simultaneously. As well as a huge fully equipped kitchen set up for high volumes! Well established over 42 years. Asset sale with property – all furniture, fixtures and equipment (FF&E) included. No financials. Independent – no royalty, advertising or transfer fees. Longtime family owned and operated. Prime corner retail space in a freestanding building. Boasts great signage, high visibility, easy access and ample parking for 60 vehicles. Perfectly situated on a major thoroughfare lined with restaurants, retailers and businesses, plus high traffic counts. And conveniently located close to major highways, making it convenient for guests traveling from surrounding suburbs and Chicago. Plus, close to many popular attractions. Also, surrounded by a dense commercial and residential area! Strategically located in Lyons, a desirable suburb about 14 miles from downtown Chicago. Offering a wonderful mix of historic charm and modern amenities. Known for its rich history, convenient location and community-focused atmosphere. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Theo Theodosiadis at Theo@eatz-associates.com or call 847-910-4657 for more information. Showings by appointment only outside of business hours. Asset Sale With Property – all FF&E included. RET $73,052 Asking $1,500,000 View Listing>>