CHICAGO, Illinois
| Asking Price |
$299,000 |
Year Established |
1997 |
|
| Annual Revenue |
$1,541,153 |
Reason for Selling |
Possibly moving out of state. |
|
| Annual P/L |
$0 |
Attention |
Tim Ryan |
|
| Annual Cash Flow |
$103,558 |
Listing Number |
1018857 |
|
| # of Employees |
18 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Longstanding Hugely Popular Restaurant & Café Chicago, IL - Over 29 Years!
“On A Lively Stretch Of A Major N-S Artery/Busy Mixed-Use Corridor Filled With Boutiques, Coffee Shops, Restaurants, Bars, Entertainment Venues & Much More”
Offering an eclectic menu of amazing vegan, vegetarian, gluten-free and meat-friendly dishes for breakfast, brunch, lunch and dinner, including breakfast staples, brunch favorites, soups, salads, sandwiches, wraps, personal pizzas, full plates, munchies, shakes and mouth-watering desserts. In addition to a huge selection of cocktails and bottled beers, fresh-squeezed mimosas, kitchen-made bloody Marys and boozy shakes.
Full-service restaurant with breakfast served all day & night and brunch on Saturday and Sunday. Dine-in, takeout, 3rd-party delivery and also gift certificates. Boasts a charming storefront presence and a retro interior adorned with vintage pieces, neon accents, pops of color and playful touches, plus a lively dog-friendly sidewalk patio out front.
Well established and with the current owners over 23 years. Independent - no royalty, advertising or transfer fees. Relocated just a mile away and remodeled 6 years ago. Consistent sales year after year after year - 2026 first 6 months sales of $771,242 with a net operating income of $62,182!
Property Features and Assets:
<p>Prime retail space in a freestanding building with 1st-floor retail and several condos above. Great signage, high visibility and ample foot/vehicle traffic. Large street-level windows create a warm “living storefront” vibe that draws locals and visitors. Metered street parking plus paid lots nearby! A major draw day and night - popular with night-owl diners and transit riders via nearby CTA buses and Red Line stations. Bustling street celebrated for its vibrant food scene and indie spirit, in a wonderful area blending historic charm with newer developments - classic Chicago 2-flats, courtyard buildings and multi-unit apartments - attracting creatives, food lovers, young professionals and long-term residents.</p><p><br>SqFt: 2,039<br>Seating: 84 Inside & 16 Outside<br>Hrs: Mo-Fr 10a-10p, Sa 8a-11p, Su 8a-10p<br>Owners Role: Owner operated - active day-to-day + full-time manager<br>Training: Open to discuss<br>Lease: $5,217/mth gross (includes water). Expires Jan 2030 + one 5-year option. Very tenant-friendly.<br></p>
Market Competition and Expansion:
<p>A vibrant, inclusive, comfort-food haven and one of the earliest cafés in Chicago to embrace vegan and vegetarian fare, while still catering to meat eaters - something for everyone. Caters to brunch-goers, lunch crowds, dinner groups and night owls with top-notch fare, big hearty dishes and indulgent vegan/vegetarian comfort food. Cherished for its welcoming atmosphere, cozy vibe and warm, friendly service! A longtime favorite, beloved iconic café and a Chicago landmark - an institution in the community and the go-to breakfast/brunch/lunch/dinner/late-night bite hangout. Also, a convenient pre-show or post-meal stop. </p><p>Sought-after staple in a dynamic neighborhood, in the heart of one of Chicago’s most vibrant walkable districts - a “walker’s paradise” with A+ walkability. Highly rated and recommended with a stellar reputation to continue to build upon. Plus, a loyal customer base and a steady stream of regulars within walking distance! An exceptional opportunity to own a true neighborhood icon!<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