Post #165682 by Kalani on Tue, Jun 14, 2005 1:58 PM

It is not for sale yet. It really does not exist yet. The story...

My brothers and I will buy a restaurant tomorrow in Chicagoland IL and create a tiki bar/restaurant. Ask James Teitletilimbaum, I have been searching for a spot for years. It is risky. I have to purchase restaurant and then sign lease without the liquor license. I only have a tentative promise from the mayor that he will issue to me... no guarantee Hopefully things work out, but if I do not get the liquor license, I will be forced to sell even before opening. In which case, there will be a brand spanking new restaurant/bar with stage/new staging for sale in Chicago for a steal!

If I do not get the liquor license, I will look to sell immediately for $150K or just under... turn key restaurant / bar seating a total of 65. There will be no loans/liens on this place.

If you were at the Exotica '03, I am the guy that produced the Bob Chinns Luau. The set, decor and all staging were made by my company. http://www.acustomproduction.com .

As soon as I have time, I will start posting all info on the place including the layouts, etc.

It is really sad to have to entertain an exit stragey even before opening. I feel that if I do not take the risk now, it might never happen. And as those who have researched opening / buying a bar know, it is expensive... so when a deal comes, you have to be ready to take a risk.

If I do not get the liquor license, It will be for sale in September ish. If interested, please let me know

Apologies if I have offended anyone with a sales pitch. I come here often, but dont post much.

Aloha,
Scott