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

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Financial Details

Asking Price:
$2,100,000
Annual Revenue:
$2,399,511
Cash Flow / SDE:
$461,099
Profit Metric:
NOI
Valuation Multiple:
4.6x
Location:
IL, US
Source:
Date:
September 15, 2025

Key Highlights

High-volume, longstanding steakhouse with over $2.3 million in gross revenue.
Independent operation with no franchise fees, located in a prime, freestanding building in Kane County, IL.
Owner retiring, offering a well-established business with a loyal customer base and growth potential (catering, delivery, video gaming).

Description

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.

Industry Information

Industry Description:
Restaurants & Food
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1974
Employees:
35
Reason for Selling:
Retiring

Real Estate & Lease

Status:
Owned

Assets & Inventory

FF&E Value:
$250,000 USD
Includes FF&E:
Yes
Inventory Value:
$25,000 USD
Includes Inventory:
No

Broker Contact

Name:
Ted Aretos
Company:
EatZ & Associates
Phone:
503-221-8061

Listing Details

Listing ID:
ccd7ad6d-ee16-469b-8544-b0f5fff6fa82
Source Listing ID:
2406970
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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