Restaurant for Sale on Chicago Loop!

Chicago, IL
Cook County

located just a short walk from the iconic Bean, Ch


Asking Price: Annual Revenue:
$99,000 $350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale on Chicago Loop! Broker: Eric Gagnon
License #: #85069

Quick Facts

Asking Price: $99,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 7
BBN Listing #: 18778096
Broker Reference #: 7281

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Business Overview:

Buy this turn-key, fully-equipped Restaurant for Sale in Chicago today, and be in business tomorrow! High Traffic Loop Location! Ready for New Owner. Bring Your Offers! Fully outfitted and ready to go. Offered at $99,000, it will not last!

This Restaurant for Sale can easily be converted to any concept. Chicago location is key as it is located just a short walk from the iconic Bean, Chicago Theatre and Magnificent Mile! Fully equipped commercial kitchen includes commercial refrigeration, prep stations and more. Much of the equipment is leased or included by the landlord. The front of the house is also equipped with artwork, seating, security cameras, POS system and more. Outdoor space with tables for mild weather dining.

This restaurant for sale offered by We Sell Restaurants is located on the Chicago Loop, a vibrant area featuring eclectic eateries, shops, theaters and parks. Comprised mostly of high-rises, it’s also home to the 108-story Willis Tower. The iconic “Cloud Gate” sculpture sits in Millennium Park. Grant Park features the large, rococo-style Buckingham Fountain and the renowned Art Institute of Chicago and hosts annual events like The Taste of Chicago and Lollapalooza.

This location in Chicago is a great opportunity for launching your new business. This 1,279 square foot restaurant for sale is at market rental rates and can easily grow in volume under the right concept and management. The location in a thriving area has monthly rent including CAMS, Taxes, and Insurance of just $6,789, The lease is valid through November 2021 and has an option for renewal providing you with plenty of time on this amazing location.

Easy to operate location has seating for 50. Sales estimated by the owner were $350,000 in 2019. This Restaurant for Sale is a great opportunity for your new business since it is This restaurant is located in one of the heaviest foot traffic locations in the loop. It is situated in a shopping mall on a floor that connects the blue and red line, which contains heavy commuter foot traffic during rush hours.

Why spend a fortune on a build-out and permits when you can walk right into this turn-key opportunity and begin serving today? 3 full time and 4 part time employees. Most will remain in place after the sale. Don't miss out on this Restaurant for Sale in Chicago is Ready for New Owner. Bring Your Offers!

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Property Features and Assets:

This restaurant is located in one of the heaviest foot traffic locations in the loop. It is situated in a shopping mall on a floor that connects the blue and red line, which contains heavy commuter foot traffic during rush hours.

Market Competition and Expansion:

located on the Chicago Loop, a vibrant area featuring eclectic eateries, shops, theaters and parks. Comprised mostly of high-rises, it’s also home to the 108-story Willis Tower. The iconic “Cloud Gate” sculpture sits in Millennium Park. Grant Park feature.

Reason for Selling:

Changing Careers.

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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