High-Volume Steakhouse in Kane County, IL with $2.3M+ Revenue

This is a high-volume, longstanding independent steakhouse located in Kane County, Illinois, generating over $2.3 million in gross revenue. The business operates from a prime, highly visible freestanding building situated on a well-traveled arterial thoroughfare, featuring ample parking and 4 acres of land. It boasts a full-service restaurant and bar, multiple dining rooms, and private banquet facilities, serving premium steaks, chops, pasta, seafood, and more. Established in 1974, the restaurant is known for its quality food, authentic recipes, hand-cut steaks, and impeccable service, earning rave reviews and a stellar reputation. The business has a loyal, multi-generational customer base and significant regional draw. The owner is retiring, presenting an opportunity for growth through catering, delivery services, and the addition of video gaming. Furniture, fixtures, and equipment are valued at $250,000 and included in the asking price, while inventory is valued at $25,000 and not included. The operation includes a general manager and experienced staff, with training available.