Investment Overview
This established Prospect Heights sports bar and dance venue demonstrates strong financial metrics with $1.5M gross sales (2024) and $300,000+ Seller's Discretionary Earnings, representing a 20% SDE margin. ($1.3 Gross sales in 2025 with cash flow over $500k) Gaming revenue provides additional stability with $127,243 take-home (2024), indicating consistent supplemental income streams. None of these numbers reflect any cover charges at $20pp and over 600 covers between Fri/Sat.
Investment Highlights
- • Total Capacity: 365 seats including 50-seat patio (14% outdoor seating ratio)
- • Operating Hours: 3PM-3AM daily (12-hour operation window) Very Rare 20-hour license
- • Licensed Hours: 4AM daily liquor license maximizes revenue potential. Can open at 8am if wanted for additional gaming revenues.
- • Largest Modelo account in Illinois (state-leading position)
- • Lease Terms: $10,500/month NNN, Year 7 of 10-year extension (3 years remaining)
- • Annual Rent-to-Sales Ratio: 8.4% ($126,000 annual rent / $1.5M sales)
- REVENUE DIVERSIFICATION
- • Primary Revenue: Food and beverage operations
- • Secondary Revenue: Video gaming ($127K+ annual). Reports attached, Corp name "Sellis Ent"
- • Seasonal Revenue: Outdoor bands and summer festivals
- • Peak Performance: DJ and dance operations Thursday-Saturday
- COMPETITIVE ADVANTAGES
- • Extended operating license (4AM daily) vs standard 2AM closures
- • State's largest gaming account provides market differentiation
- • Multi-bar configuration enables efficient high-volume service
- • Professional sound system and lighting infrastructure support premium entertainment positioning
- • Established customer base with proven nightlife demographic