NOT DISCLOSED, Illinois
| Asking Price |
$138,500 |
Year Established |
1980 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Other business interests. |
|
| Annual P/L |
$0 |
Attention |
Ted Aretos |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018851 |
|
| # of Employees |
9 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
High-Volume Long-Established 5,000 SqFt Restaurant w/Liquor License Northwest Suburb of Chicago - Premier O’Hare Hospitality Corridor!
“Over 40 Years At The Intersection Of A Major E-W Arterial/Thoroughfare/I-294 Interchange Adjacent Major Hotels, Corp Offices & Entertainment”
A rare opportunity to acquire a fully built-out freestanding restaurant in one of the strongest hospitality corridors in the northwest suburbs. 2025 sales over $1 million! Full-service breakfast, lunch and dinner with dine-in, carryout, pickup, 3rd party delivery, catering and online ordering. Diverse menu of buttermilk pancakes, crepes, waffles, benedicts, omelets, skillets, salads, burgers, sandwiches, pasta, entrees, smoothies and shakes, plus beer, wine, cocktails and a kids’ menu. Warm, welcoming interior with a hostess stand, small bar, and three spacious dining rooms with booths, tables and counter seating, available for business meetings and private events. Server prep station, prep kitchen and large equipped commercial kitchen set up for high volumes. Current owner over 13 years. Independent - no royalty, advertising or transfer fees. Asset sale (no financials) - all FF&E included. Keep the name and concept or rebrand entirely - its infrastructure, kitchen buildout, seating capacity and strategic location create a powerful foundation for a new operator!
Listed by Ted Aretos at EatZ & Associates
Property Features and Assets:
<p>Prime corner retail space in a one-story freestanding building with great signage, high visibility, easy access, ample parking and high traffic counts. Just minutes from Chicago O’Hare International Airport and Allstate Arena, Chicagoland’s largest indoor entertainment facility - an 18,000-seat venue hosting sporting events, family shows and concerts year-round! Close to a large industrial park and several schools, and surrounded by a vast, dense residential area of homes. Also conveniently located near major expressways, transportation hubs, businesses and retailers. Highly desirable suburb with a great mix of corporate headquarters, professional services, industrial, manufacturing and retail centers, plus excellent schools, parks and recreation - an attractive place to work and live for families, professionals and retirees!<br><br>SqFt: 5,000<br>Seating: 155 Inside<br>Hrs: Mo-Sa 6a-10p & Su 6a-9p<br>Owners Role: General manager<br>Training: Negotiable on-site comprehensive training<br>Lease: $13,150/mth gross - Landlord will provide a new lease with options<br></p>
Market Competition and Expansion:
<p>An all-American classic diner with all-day appeal, known for amazing comfort food made from the freshest, locally sourced ingredients - everything fresh and delicious - with excellent, attentive and friendly service. A local favorite, neighborhood gem and beloved community institution with deep community roots, strong brand recognition and generations of loyal regulars. Huge repeat business from office workers, travelers, airport/airline employees, event attendees, visitors and locals alike. Consistently highly rated and recommended across platforms: 4.9 GrubHub, 4.8 Facebook, 4.7 UberEats, 4.5 DoorDash, 4.4 OpenTable, 4.3 Google and 4.0 Yelp. A legacy asset with modern upside potential, positioned at the epicenter of a hospitality and commercial ecosystem and encircled by powerful demand drivers. A true regional draw benefiting from steady, reliable year-round traffic, with a location ideal for virtually any type of restaurant concept. An incredible reputation to continue building upon, with substantial room for growth for a motivated new operator!<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity