Breakfast & Lunch Restaurant Chicago-Sales $1.2M!

CHICAGO, Illinois

Asking Price $225,000 Year Established 1968
Annual Revenue $1,200,000 Reason for Selling Other interests.  
Annual P/L $0 Attention Theo Theodosiadis
Annual Cash Flow $0 Listing Number 1018940  
# of Employees 15 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Beloved Longstanding Breakfast & Lunch Restaurant Chicago, IL - $1.2M In Sales!

“At A High-Traffic Intersection Along A Major E-W Arterial Corridor On Chicago’s Northwest Side”

Rare opportunity to acquire a long-standing, highly regarded breakfast & lunch restaurant in a dense, high-traffic area of Chicago. A Chicago original open since 1968, this neighborhood favorite combines decades of brand recognition, a loyal multi-generational customer base and a fully equipped restaurant. Its freshly updated interior features expansive windows, comfortable counter, table and booth seating, an efficient layout and a commercial kitchen built for high-volume service.

Its strong reputation is built on scratch-made breakfast favorites and classic lunch options: omelets, skillets, benedicts, specialty pancakes, waffles, crepes and French toast, plus burgers, sandwiches, wraps, paninis, salads and south of the border favorites. Also fresh coffee, espresso drinks, teas, juices, smoothies, milkshakes and a kid’s menu.

Offers dine-in, takeout and catering, and welcomes group reservations and private parties. Enjoys excellent word-of-mouth and a strong online reputation. Independent - no royalty, advertising or transfer fees. Turnkey with a long-time experienced staff in place! Ideal for an experienced operator seeking substantial existing sales and significant infrastructure already in place.

Listed by Theo Theodosiadis at EatZ & Associates

Property Features and Assets:

<p>Prime corner retail space in a freestanding mixed-use building with valuable on-site parking for 22 vehicles (rare for the area), plus outstanding signage along a major thoroughfare. Enjoys exceptional daily traffic counts, strong visibility and easy access. Surrounded by dense residential neighborhoods, retail corridors and commercial nodes delivering a steady flow of customers and consistent year-round demand. Well-positioned to capture morning commuters, neighborhood regulars, nearby workforce and service employees, and weekend crowds. Further supported by close proximity to major intersections and connecting routes, nearby schools, parks and community anchors, and a strong base of long-term residents with stable household incomes.<br><br>SqFt: 3,950 + Basement<br>Seating: 138 + Sidewalk Patio Seating<br>Hrs: Daily 7a-3p<br>Owners Role: Owner operated - host, expeditor & manages the front of house<br>Training: 2-4 weeks comprehensive on-site training<br>Lease: $9,000/mth gross, expires Mar 2029 + two 5-yr options<br></p>

Market Competition and Expansion:

<p>A classic diner-style breakfast and lunch restaurant whose menu appeals to a wide demographic, driving steady traffic throughout the day and week. Widely known for its extensive menu, generous portions and consistent quality, this longtime local favorite is a legacy brand and neighborhood institution with deep community roots, operating in one of Chicago’s most densely populated and consistently active trade areas. Solid reputation to build on for another 60 years!</p><p>Opportunities to increase sales include:</p><ul><li>Expanding hours, as existing kitchen and seating could support dinner</li><li>Promoting weekend brunch with specialty dishes, group reservations and family dining</li><li>Adding gluten-free, dairy-free and allergen-friendly options</li><li>Introducing new beverages, including specialty coffee and potentially alcoholic brunch drinks</li><li>Growing catering to offices, schools, community organizations and private events</li><li>Modernizing digital presence and online ordering to capture more takeout and repeat orders</li><li>Leveraging 3rd-party delivery to reach new customers</li></ul>

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

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