NOT DISCLOSED, Illinois
| Asking Price |
$99,000 |
Year Established |
2023 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Pursuing other ventures. |
|
| Annual P/L |
$0 |
Attention |
Tim Ryan |
|
| Annual Cash Flow |
$0 |
Listing Number |
1020385 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Fully Equipped Japanese Ramen Restaurant Affluent Northwest Suburb of Chicago, IL - High Traffic Dining Corridor!
“Also A Major Retail Corridor - Adjacent A Large Hotel - Affluent Demographics”
An outstanding opportunity to acquire a fully equipped Japanese ramen restaurant in one of Chicago’s most established northwest suburban dining corridors! Offered as a $99,000 asset sale, this attractive fast-casual restaurant features an extensive build-out and complete cooking line designed for ramen, noodles and Japanese specialties. Bring your own brand and menu without the time, expense and uncertainty of building from scratch.
Opened in 2023, the interior features a distinctive counter overlooking the open kitchen, booth seating and traditional tables. Guests watch meals being prepared, an engaging experience setting it apart from typical quick-service restaurants.
The highly functional kitchen includes a large hood, specialized ramen noodle boiler, stock pot burners, wok equipment, fryer, refrigeration, prep stations and walk-in cooler/freezer combination. The layout supports dine-in, carryout and delivery, while the compact footprint allows efficient staffing and manageable costs.
The seller is retaining the existing trade name, giving the buyer the opportunity to establish their own ramen concept in an improved space. All FF&E included.
Listed by Tim Ryan at EatZ & Associates
Property Features and Assets:
<p>Situated in an established retail center along the heavily traveled Milwaukee Ave dining corridor, the restaurant enjoys excellent street visibility, prominent storefront signage, convenient access and shared surface parking. Milwaukee Ave carries ~30,300 vehicles daily, with Lake Cook Rd adding regional traffic.<br><br>A 412-room upscale hotel directly behind the center, with ~44,000 sqft of meeting and event space, offers built-in customers from overnight guests, business travelers, conferences and weddings, plus group meal and catering potential.<br><br>Nearby restaurants, coffee shops, Cooper’s Hawk, Starbucks, Target and national retailers draw customers throughout the day, and the corridor attracts diners from surrounding suburbs. Within 3 miles, ~83,954 residents average $147,519 household income, while 70,350 employees work at 3,567 businesses.<br><br>SqFt: 1,296<br>Seating: 45 Inside + Bench Seating Outfront<br>Hrs: Daily 11a-10p<br>Owners Role: Absentee multi-unit owner; store leader runs day-to-day<br>Training: N/A<br>Lease: $5,734/mth gross; expires Sep 2027 + one 5-yr option<br></p>
Market Competition and Expansion:
<p>The northwest suburban dining market offers a strong mix of established restaurants, diverse international cuisines and customers seeking convenient, high-quality meals. Japanese ramen fills an appealing specialty niche, a distinctive alternative to burgers, pizza and sandwiches. The area’s restaurant concentration benefits a well-positioned concept, drawing both repeat visits and new customer discovery.</p><p>The existing restaurant has demonstrated customer interest in Japanese noodles, with a substantial history of online reviews and delivery-platform activity.</p><p>A motivated owner-operator can introduce a fresh ramen, udon or noodle concept, develop signature dishes and add rice bowls, appetizers, vegetarian and seasonal specialties. Additional upside includes strengthening third-party delivery and online ordering, corporate lunch and catering programs, family meal packages, loyalty incentives and targeted marketing to nearby employers. The lease also permits alcohol service incidental to food, subject to licensing, offering potential for Japanese beer and sake. Build local relationships, community awareness and a distinctive independent brand!</p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity