Dunkin/Baskin Franchise (Business Only, or Property & Business both)

Business, Property or Both

An opportunity to purchase a single Dunkin’ in Chicago, or to purchase the business and the property- North Beverly Plaza, located at 1745-1755 W 87th Street in Chicago, Illinois. The property is a 100% occupied. The property consists of a three-tenant retail plaza, totaling 4,100 square feet on a 0.42-acre parcel, and is leased to Dunkin’ & Baskin Robbins (dual concept), Tony’s Philly Steak, and Hollywood Kids Salon. The building is a newer, 2014 construction and the Dunkin’ features a drive-through. The offering includes the sale of the Dunkin’ & Baskin Robbins business. Additional land adjacent to the North Beverly Plaza also available for sale.

A. This Dunkin/Baskin Combo is located in a bustling area on 87th street.
B. Drive-Thru location situated on the AM side of the street
C. Eastbound 87th street is a popular route that leads to the 90 expressway
D. Approximately 30,000 cars per day pass this site
E. The Property features rare on- site parking and benefits from building signage and a prominent monument sign along W 87th Street.
F. Approximately 31,900 people live within 1-mile of the Property with an average household income of $69,625
G. More than 249,600+ people live within a 3-miles of the Property and there are more than 43,200 employees within 3-miles of the Property

The Dunkin’/Baskin combo store’s revenue for 2021 was $805,000. In 2021, the store had to close down due to an accident in the adjacent tenant space. In compliance with Chicago city regulations, the store had to remain closed for a brief period. Sales for 2021 only included the time when it was operational. The store would have exceeded $1M in sales if it was open for all 12 months.

In 2022 sales have decreased due to various factors. The store has been operating without a manager, causing labor to increase and inventory and labor management to suffer. In addition, the dining area has been closed, forcing the business to primarily rely on its drive-thru window. Lastly, construction on 87th street has impacted sales significantly.

2023 revenue is projected to be around $600K - $650K

Despite these challenges, this store has one of the highest Baskin sales and has the potential to generate $20,000- $24,000 per week ($1M - $1.2M annually) with an owner-operator. However, it's not a suitable investment for absentee owners. The store is set for a remodel in 2025.

The seller is open to structuring a deal that is beneficial for all parties. Options outlined below:

1. Option #1- Purchase business with property
2. Option #2- Purchase business only
3. Option #3- Purchase 49% percent of business and act as operating partner (Contingent upon bank approval)

The seller would also be open to future expansion with buyer for other Dunkin’s that he may develop in this market or outside markets contingent upon buyer’s operations performance, equity, etc.

Asking Price

Business Only - $650,000
Property & Business - $2.1M