Established Restaurant For Sale In West Town, Chicago

Chicago, IL
Asking Price:$115,000
Rent:$31/SF/Year
Gross Revenue:$410,000
BUSINESS DESCRIPTION

American/Teriyaki Fusion Breakfast and Fast Food

This is a rare opportunity to acquire a highly successful, family-owned restaurant with a well-established reputation in Chicago's thriving West Town neighborhood. A staple in the neighborhood for decades, this business has cultivated a loyal customer base and earned a stellar 4.5-star rating across numerous reviews. The sale includes all Furniture, Fixtures, and Equipment (FFE), current inventory, the restaurant's established name, branding, and proprietary recipes, ensuring a seamless transition and continuity of the business. The 1,200-square-foot space features a fully equipped kitchen, ready for immediate operation, and offers both indoor dining and additional outdoor seating, ideal for Chicago's warmer months. Complimentary parking enhances convenience for patrons. The restaurant is renowned for its breakfast platters, gourmet omelettes, sandwiches served on French bread, and a specialty in burgers and teriyaki cuisine, distinguishing it as a unique culinary destination in the area. Situated on a prime corner location with views from both streets at a corner light intersection, the restaurant benefits from maximum visibility and foot traffic in the vibrant West Town neighborhood, a highly sought-after area known for its dynamic community and thriving businesses. This business generates an annual gross revenue of over $400,000, with very low operating expenses, making it an exceptionally attractive investment, especially for seasoned investors or owners within this industry. The property is zoned C3-2, a highly desirable classification that provides the most opportunities for businesses in Chicago, allowing for diverse business operations and expansion possibilities. Please note that this is strictly a business sale, with no real estate included. To gather a detailed list of all FFE's, financials, the sale Offering Memorandum, employee count, and full details of the commercial lease, please contact the listing party. Do not miss this exceptional opportunity to step into a turn-key operation with a proven track record of success.


DETAILED INFORMATION
Location
Chicago, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Facilities
All FF&E's, inventory, menu and name included.
Competition
Situated in West Town, it is situated in one of Chicago's premier and continuously growing restaurant markets, offering a prime opportunity in a thriving culinary scene.
Growth & Expansion
The restaurant's prime location in a high-demand area and its versatile menu offer significant growth potential, making it an ideal opportunity for expansion and increased profitability.
Financing
NNN Lease Service
Support & Training
Contingent on offer's terms
Reason for Selling
The sale is part of a strategic shift to focus on new ventures.
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Manny Regalado
Manny Regalado