Listed by Troy Companies
$1,500,000
Rocky's American Grill
Details
Property Type Retail, Hospitality
Sub Type Restaurant, Bar
Square Footage 10,300
Tenancy Single
Lease Type NNN
Remaining Term 2
Rent Bumps No
Parking Spaces 300 spaces
Parking per 1,000 SqFt 29.13
Investment Type Stabilized
Ground Lease No
Retail | 10,300 SqFt
Marketing description
This established Prospect Heights sports bar and dance venue demonstrates strong financial metrics with $______ gross sales (2024) and $_00,000+ Seller's Discretionary Earnings, representing a 20% SDE margin. ($1.3 Gross sales in 2025) 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.
This is a business sale with a lease assumption.
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)
- 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
- Extended operating license (4AM daily) vs standard 2AM closures
- 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
Listing Contacts
Listed by Troy Companies
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