Japanese Ramen Restaurant-Prime Lake County Corner

NOT DISCLOSED, Illinois

Asking Price	$99,000	Year Established	2024
Annual Revenue	$0	Reason for Selling	Pursuing other ventures.
Annual P/L	$0	Attention	Tim Ryan
Annual Cash Flow	$0	Listing Number	1020330
# of Employees	8	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Fully Equipped Japanese Ramen Restaurant Affluent Northwest Suburb of Chicago, IL - Prime Lake County Corner!

“Beautifully Built-Out Restaurant With Full Commercial Kitchen, Attractive Dining Room + Patio - Outstanding Opportunity to Bring Your Concept Here”

Purchase a beautifully appointed restaurant in a desirable suburb for just $99,000! Whether you’re an experienced operator looking to expand or an entrepreneur opening your first location, save considerable time and money versus building from scratch.

Built-out in 2024, the warm, inviting dining room features contemporary Japanese-inspired décor, attractive wood furnishings, decorative lighting, a large communal table and comfortable seating for individuals, families and groups, with large storefront windows bringing in natural light.

The extensive kitchen includes a large exhaust hood with fire suppression, gas cooking equipment, noodle boiler, wok stations, fryer, refrigerated prep tables, reach-in refrigerators, freezers, stainless steel workstations and shelving. Also included: a service counter, beverage equipment, POS hardware and security cameras.

With the costly infrastructure already in place, a buyer can focus on creating their own brand, menu and customer following. The asset sale includes all seller-owned furniture, fixtures and equipment (FF&E). New concepts are subject to lease restrictions and landlord approval.

Listed by Tim Ryan at EatZ & Associates

Property Features and Assets:

<p>Situated in a well-established 32,290 sqft shopping center, renovated in 2016 for $1.5M, with 402 ft of frontage along heavily traveled Route 45 (over 22,371 vehicles per day), excellent storefront visibility, convenient access and 120 shared parking spaces. </p><p>Co-tenants include restaurants, a popular neighborhood taproom, liquor retailer, national coffee chain and service businesses that draw customers throughout the day. The surrounding area blends established neighborhoods, retail, schools and commuter traffic, with downtown amenities and Metra rail service nearby. </p><p>Strong demographics: 12,591 residents within 1 mile, 62,985 within 3 miles and 113,956 within 5 miles, with median household incomes of $107,372, $122,418 and $123,792, respectively, creating an attractive market for lunch, dinner, takeout and delivery.</p><p><br>SqFt: 2,304<br>Seating: 60 Inside + Patio<br>Hrs: Open Daily 11a-10p<br>Owners Role: Absentee multi-unit owner; store leader runs day-to-day operations<br>Training: N/A<br>Lease: $4,887/mth gross; expires Oct 2028 with one 5-year option<br></p>

Market Competition and Expansion:

<p>The Chicago suburbs continue to offer opportunities for distinctive, convenient dining concepts, particularly in established communities where residents value quality food, accessibility and variety. The current restaurant layout is especially well suited for ramen, noodles, rice bowls and other Asian-inspired concepts, while other restaurant uses may be considered with landlord approval.</p><p>A new owner can introduce their own restaurant identity, build on the existing infrastructure and grow sales with these ideas:</p><ul><li>Expanding lunch/dinner specials & family meals</li><li>Offering beer & wine like the current owner (subject to proper liquor licensing)</li><li>Increasing online ordering & 3rd-party delivery</li><li>Offering catering to nearby businesses & schools</li><li>Introducing a loyalty program to reward regulars</li><li>Enhancing social media marketing & local community partnerships</li></ul><p>An experienced operator could also explore new menu offerings, seasonal promotions and special events to attract new guests, drive repeat visits and build a loyal following.</p>

Additional Details: