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Business For Sale

ESTABLISHED FAST FOOD RESTAURANT

Attn: Domenic Rinaldi
Chicagoland, IL, USA
Listing Number: "3384"
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Asking Price: $150,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Family Obligations.
Year Established: 2001
# of Employees: 4
Yearly Revenues: $271,002
Yearly Cash Flow: $111,240
 

Business for Sale Overview:

Located on the end cap of a single story retail building facing a busy thoroughfare in the western-northwest suburbs. Signage is visible to several thousands of vehicles daily. Surrounded by businesses in an upscale, newer, destination shopping mall. Seating for 28 inside, plus an attached 3-season eating area that converts to a covered patio in the summertime that seats 20 more. Comfortable seating, including five booths equipped with individual flat screen television sets, plus a 36” Television above. The business is experiencing sales growth, and comes as a fully equipped, turnkey operation for its new owner. All the fixtures, vendor lists, menus, and already-booked catering gigs are included in the price. Sandwiches include Italian beef and sausage, Chicago dogs, gyros, burgers, and chicken along with ice cream. Approx. 1,300 sq. ft. space plus 400 sq. ft. patio area, with adequate parking in front, plus additional parking on side. Four years remaining on five year lease @ $4,373. Surveillance system with an at-home visibility of the facility through a personal computer, plus a state-of-the-art POS system. Original build out was done by Carlson (TGI Fridays Parent Company) in 2004. Granite counter tops and stainless steel kitchen including walls and ceiling. Ceramic tile in bathroom, floor to ceiling. Custom build out includes built-in refrigeration with a walk-in cooler and freezer. * Revenue and Cash Flow based on last six months actual numbers since business ownership change.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not 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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