Business For Sale

Fast Fresh Casual Carry-Out or Dine, Pkg Beer/Wine

Chicago, W Suburbs, IL
DuPage County


Asking Price: Annual Revenue:
$275,000 $894,555

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast Fresh Casual Carry-Out or Dine, Pkg Beer/Wine Broker: Dennis Hansmann
Owner Financing is Available!
Seller may consider a small portion of financing, but the vast majority of the purchase price would need to be paid at losing via buyer funds and financing through traditional means, which can be achieved in this case.

Quick Facts

Asking Price: $275,000
Annual Revenue: $894,555
Net Profit: Not Disclosed
Cash Flow: $159,124
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 13
BBN Listing #: 510537950
Broker Reference #: Not Disclosed

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Business Overview:

Quality Fast Fresh Casual, Dine In, Take Out or Cater your Event.

This business is the best of its kind for the size as a quality Fast Casual Carry Out or dine in and profitable Catering Restaurant Business for Sale in Chicago's near Western Suburban area. This business prepares fresh seasonal food daily that can be picked up for consummation at home or eaten onsite or catered into your business or event such as business meetings, company lunches, community events, parties, birthdays, weddings, etc. The business also has a packaged liquor license for beer and wine. A dine in license could be added for a new owner that wants dine in beer,wine, liquor type sales. There are about ten tables used for casual dining inside and some are also used outside for patio style dining in front of the business.

This is a great business location with high foot, vehicle, and even mass transportation traffic. This business is visually front and center for thousands of residents and local business people as well as commuters passing through this area on a constant basis throughout each day. The location is considered the heart of this historic suburb known for its unique retail offerings and its residents that prefer independent businesses as opposed to big box stores.

Having established itself as the high quality healthy option for busy families and discerning event planners, this business has the added benefit of a large catering clientele that grows larger each year. The business has been operating continuously for many years and has evolved into a unique model that has multiple revenue streams for great diversification.

In addition to the business entity, this sale also includes all furniture, all fixtures, and all equipment that are a part of the business assets along with all owner cash flow.

Key upside for new owner

Very profitable business with expanding customer base

+ Long history in business
+ Great Location
+ Great Reputation
+ Consistently growing gross sales trend
+ Consistently growing profitability trend
+ Solid carry out customer base
+ Solid catering customer base
+ Expanding demand in neighboring Counties
+ Expanding demand in the City of Chicago
+ Plenty of parking for retail walk-in customers
+ High traffic with multiple types of traffic
+ Training and support provided by seller
+ Much more...

Details
Purchase Price: $295,000.00 + inventory
Annual Gross Sales (approximately): $894,555.00 (3 yr avg)
Annual Cash Flow to Owner/SDE (approximately): $159,124.00 (3 year average)

This business sale and the business location are confidential.

Contact Dennis Hansmann, American Business Acquisitions, dennis@abausa.com, 312-360-1955, or contact an ABA business broker @ www.abausa.com

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Approximately 2,000 square feet with full kitchen, front seating and service counters for dine-in and carry-out orders. The current rent is $3079.00 per month. Approximately six (6) additional years remain on the existing lease. The landlord is amenable to discussing additions to the term with a new owner when the appropriate time comes.

Market Competition and Expansion:

This model is more quality based so does not compete with typical fast casual or fast food restaurants. This business is geared toward quality family meals for busy professionals and party planners. The catering side of the business has a huge amount of expansion potential and currently services clients in the immediate area, but also adjoining counties as well as the City of Chicago. Growth is constant with this model and only limited to the owners interests or willingness. The catering side is organically expanding based on reputation and interest beyond the immediate surrounding communities. A new owner could also add a dine in liquor license to the packaged license and hold evening events on-site for small groups, private parties, wine/cheese mixers, etc.

Reason for Selling:

Relocate

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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