November 1, 2022

Re: Looking for interested parties for Operation of Apple Canyon’s “Cove Restaurant”

The Apple Canyon Lake Property Owners’ Association is seeking an experienced and well-financed restaurateur, with a vision for a destination waterfront restaurant in Northern Illinois, to lease an Association owned 5,600 square foot restaurant located on the banks of Apple Canyon Lake (ACL). To learn more about this opportunity, please check out our RFQ found here:

Association Background and History

Apple Canyon Lake Property Owners’ Association was developed in 1969. It is a private recreational community and contains 2,743 home sites located in Apple River, in the rolling hills of northwestern Illinois. The amenities include a 440-acre lake for fishing, swimming and boating, public 9-hole golf course, 14 miles of trails, full-service marina, swimming pool, campground for tent and trailer camping, sports court complex, fitness center and beach. The development is managed by a non-profit homeowner’s association, including an elected board of directors. Day-to-day operations are handled by our professional manager and staff. The community is approximately 33% full-time homeowners occupied with the remainder of the membership being part-time or week-end residents.

Form of Proposal

Assuming you are interested in being considered for operation of The Cove Restaurant, please provide us with one copy of the following information by no later than November 18, 2022:

• Cover Sheet
• Respondent’s Team
• Vision and Operational Concept
• Business Plan
• Statements
• Proof of Insurability

If you would like to schedule a tour of the Cove or have any questions, please contact me at [email protected] or by calling (815) 492-2238 ext 1125.

Sincerely,

Jen Callaghan, MBA, PCAM, AMS
General Manager
Apple Canyon Lake Property Owners’ Association
14A157 Canyon Club Drive
Apple River, IL 61001
Email: [email protected]