Longstanding Popular Family Restaurant NW Suburb - $1.2M In Sales!

Cook County, IL
listing image
Asking Price:$365,000
Gross Revenue:$1,200,000
Established Year:1980
Cash Flow:$207,800
Inventory:$10,000
BUSINESS DESCRIPTION

Offering a diverse menu of hearty breakfast options including buttermilk pancakes, French toast, crepes, waffles, benedicts, omelets, skillets, scramblers and other classic egg dishes. As well as a variety of delicious lunch and dinner items such as salads, soups, burgers, sandwiches, melts, clubs, quesadillas, stir frys, pasta, platters, entrees and more. Along with coffee, juices, smoothies, beverages and shakes. Plus, kids’ menu.

Full-service restaurant. Serving breakfast, lunch and dinner, plus beer, wine and cocktails. Dine-in, carryout, pickup and 3rd party delivery, plus, catering. Online ordering also available. And dining rooms available for business meetings and private events.

Warm and welcoming interior. Well laid-out front and back of house. Hostess stand with wait area. Small bar with seating. Three spacious dining rooms with ample seating at both booths and tables, plus counter seating. Along with a prep station, prep kitchen and a large fully equipped kitchen.

Established over 40 years! Current owner over 11 years. Independent - no royalty, advertising or transfer fees. Family owned and operated - general manager.

Prime retail space in a freestanding building with great signage, visibility, access and parking. Perfectly situated at the intersection of two major thoroughfares, also a major I-294 interchange with high traffic counts. Just minutes from Chicago O-Hare International Airport!

Adjacent to a busy hotel. Also, close to an industrial park. In addition to several schools. And surrounded by a dense and vast residential area of homes. Plus, near the largest indoor entertainment facility in Chicagoland - a 17,000 seat venue which hosts various sports, events and concerts throughout the year!

Located in a desirable well-connected northwest suburb with a great mix of industries including manufacturing, retail and services, as well as excellent schools, parks and recreational facilities. An attractive place to live for families, professionals and retirees!

Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Ted Aretos at EatZ & Associates


DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
30/06/2028
Employees
9
Facilities
Year Established: 1980’s (Current Owner 2013). Lease Information: Leased space 10% of monthly gross sales. Current lease expires Jun 2028 with one 5-year option. Landlord also owns the adjacent hotel and sends guests over with vouchers (that are subtracted from the restaurant’s rent). Square Feet: 5,000. Seating: 155 Inside. Days/Hrs of Operation: Mo-Sa 6a-10p & Su 6a-9p. Owners Role: Owner operated - general manager. Value of FF&E: Included In Asking Price. Value of Inventory: $10,000 (Not Included In Asking Price).
Competition
An all-American restaurant. Classic diner. A great place to eat. Offers a wide range of amazing comfort food. Uses only the freshest, locally sourced ingredients. Everything fresh and delicious. Fast and easy on-line ordering. Known for their excellent food and attentive friendly service! What customers are saying: awesome, exceptional, fantastic, terrific, top notch, wonderful and more. Ideal location for a restaurant. Near many major highways, transportation, businesses, attractions, retail, schools and homes. A high traffic area!
Growth & Expansion
Local favorite. Neighborhood gem. Staple in the community. Beloved institution. Loyal customer base. Tons of regulars for generations. Popular with travelers, visitors and locals alike! Rated 4.6 DoorDash, 4.5 GrubHub, 4.4 Opentable, 4.4 Facebook, 4.2 Google, 4.0 TripAdvisor and more. Highly rated and recommended, great reputation to continue to build upon. Lots of upside potential!
Financing
No.
Support & Training
Negotiable on-site comprehensive training.
Reason for Selling
Other business interests.
Report an Issue with this listing
profile-img
Ted
Aretos
logo-img
Ted Aretos