Avondale European Sports Bar and Café

Chicago’s Avondale community is a working-class neighborhood located about 8 miles northwest of downtown Chicago. Avondale was recently recognized as one the nation’s 10 hottest, need-to-visit neighborhoods by popular travel website Lonely Planet. The article—which also highlights spots such as New York’s Sunset Park, Denver’s River North (RiNo), and Frelard in Seattle—focused primarily on up-and-coming areas where art, culture, food, and authenticity intersect. Avondale’s inclusion references the neighborhood’s blue collar “scruffiness” and a relative lack of pretension compared to its immediate surroundings. The neighborhood features a diverse range of trendy food and beverage offerings, such as, Milano's Cafe and Bar.Business Only For Sale - Rarely available European Sports Bar and Café in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Monthly rent is $4,000 and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued.