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Business For Sale
RESTAURANT
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Asking Price: |
$425,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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2003 |
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Yearly Revenues:
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$275,000 |
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Yearly Cash Flow:
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$90,000 |
Business for Sale Overview:
Solid, Classic Chicago-Style Independent Fast Food Restaurant NW Side. Hearty, delicious made-to-order food is the key to the continuing success of this Northwest Side Chicago restaurant. A terrific neighborhood, easy parking, and frontage on an important pedestrian and vehicular thoroughfare have probably helped as well. This restaurant is the sort of place where hungry folks who work for a living go to grab a bite to eat. Nothin' too fancy: Just a clean restaurant, great food, fast service, and reasonable prices. It's steady, stable and completely impervious to the trends that can put those "edgy" restaurants in Lincoln Park out of business in six months. This business is currently operating and turning a steady profit. Current management knows of several areas in which the new owners, with a little energy and effort, could quickly increase both sales volume and profits.
Property Features and Assets:
The current owners wish to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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