NOT DISCLOSED, Illinois
| Asking Price |
$350,000 |
Year Established |
1995 |
|
| Annual Revenue |
$924,823 |
Reason for Selling |
Retiring. |
|
| Annual P/L |
$0 |
Attention |
Theo Theodosiadis |
|
| Annual Cash Flow |
$0 |
Listing Number |
1019315 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint Sought-After Northwest Suburb of Chicago - 31 Years!
“Area Gem - Staple In The Community - Beloved Institution”
An outstanding opportunity to purchase a classic, high-energy fast-food joint with a proven menu and multiple revenue streams. Beyond its delicious signature gyros carved off-the-spit, guests enjoy Italian sausage, deli and hot sandwiches, submarines, charbroiled, rotisserie and broasted chicken, BBQ back ribs, buffalo wings, homemade soups, fresh salads, tasty sides and other Chicago-style and Mediterranean-inspired favorites. Along with shakes, fountain drinks, bottled beer and wine. Plus everyday daily specials and a kids’ menu.
Simple, efficient counter-service operation offering dine-in, carryout, pickup, online ordering and 3rd party delivery, plus a huge catering business. Comfortable, spacious booth and table seating, TVs for game day, plus 2 games for the kids. Open kitchen featuring a large hood, 3 gyros spits, 2-burner stove/flat-top with oven, char grill, 2 deep fryers (4 baskets), meat slicer, shake machine, beverage fridge, ice machine and so much more.
Independent - no royalty, advertising or transfer fees. Family owned and operated. Turnkey and ready for a new owner to step right in and keep the momentum going.
Listed by Theo Theodosiadis at EatZ & Associates
Property Features and Assets:
<p>Prime retail space in a busy strip center on a primary commercial corridor and major east-west thoroughfare with 29,000+ vehicles per day. A popular dining corridor with steady lunch and dinner traffic. High visibility and easy access from multiple directions, with continuous commuter traffic and access to key arteries, regional routes and the interstate. </p><p>Benefits from neighboring retail/service businesses. Minutes from a thriving downtown and Metra station with 2,400 weekday commuters. Near two large high schools, a significant community college, offices and sports facilities. Surrounded by dense homes, townhouses, condos, large apartment communities and a strong daytime workforce. 30 miles from Chicago’s Loop and 14 miles from O’Hare in a desirable suburb with award-winning schools.</p><p>SqFt: 2,900<br>Seating: 80 Inside & 20 Outside<br>Hrs: Mon-Sat 10a-9p (Closed Sundays)<br>Owners Role: Active day-to-day<br>Training: Four weeks on-site<br>Lease: $5,885/mth gross (incl. trash), expires Jan 2028 with three 5-year options<br></p>
Market Competition and Expansion:
<p>Amazing comfort food with everything made-to-order hot and fresh. Old-school joint with a laid-back, family-friendly atmosphere. Broad appeal attracts shoppers, families, students, office workers and more. Well-known for high-quality fast food and quick, friendly service. </p><p>A longtime local favorite and the neighborhood’s “go-to” fast-food spot, with strong brand recognition and a solid foundation. Has built a loyal following among local residents, nearby businesses and commuters - tons of regulars for generations! Highly rated and recommended, with an excellent reputation to continue to build upon. </p><p>There’s even more room to increase sales: expand social media and digital marketing to reach new customers, open on Sundays for a seventh day of sales, add a full bar to boost check averages beyond beer and wine, and add video gaming for an additional revenue stream. A buyer gets a well-loved, established brand with clear, untapped upside for a motivated, hands-on owner ready to grow.<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