Popular Independent Pizzeria & Greek Deli - An Incredible Combination!

Kane County, IL
listing image
Asking Price:$199,000
Gross Revenue:$678,393
Rent:$3,264/Month
Cash Flow:$123,132
Inventory:$8,000
Established Year:2020
BUSINESS DESCRIPTION

Amazing Opportunity To Purchase Two Successful Restaurants In One Shared Space

A popular Italian eatery known for its authentic pizza and Italian specialties. Specializing in amazing traditional thin, double dough, stuffed and pan pizzas, plus oven-baked calzones, freshly made pasta, hearty sandwiches and homemade entrées. In addition to delicious appetizers, soups, salads and desserts. As well as pizza by the slice.

Along with a sought-after Greek sandwich shop offering outstanding authentic Mediterranean cuisine. Featuring a large variety of popular dishes including gyros, souvlaki, saganaki, pastitsio, falafel, baklava and more. Available in appetizers, sandwiches, street wraps and entrees. Plus, fantastic specials and desserts.

Simple operations. Each has their own counter and seating area. Both eat-in, carryout and delivery, plus catering. Online ordering also available.

Features a fully-equipped shared kitchen with a 12ft hood, 6-Shelf Middleby Marshall rotating pizza oven, full kitchen line, walk-in-cooler, touchscreen POS system w/online ordering and more.

Pizzeria established over 4 years and the Greek deli over 1 year. Both independent - no royalty, advertising or transfer fees. Owner operated. All recipes included!

Prime corner retail space in a notable shopping center along with a wide range of locally owned businesses and essential services. Boasts great signage, high visibility, easy access and ample parking.

Other popular tenants include several local eateries, a cozy pub, coffee shop, candy store, wine & liquor store, med spa, salon, cleaners, driving school, photography studio, animal clinic, groomer and preschool, plus dental facilities, offices and more.

Perfectly situated on a main east-west route in the area with high traffic counts. And surrounded by many, many homes. This center is a convenient commercial hub for nearby residents and a gathering place for the community. A destination for locals to dine, shop, work and connect!

Located in an affluent western suburb, one of the best places to live in IL!

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 Brian O'Kelly at EatZ & Associates


DETAILED INFORMATION
Location
Kane County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
31/03/2028
Employees
6
Facilities
Year Established: 2020 (Current Owners Mar 2023). Leased space $3,264/mth gross (also includes garbage). Current lease expires Mar 2028 with two 5-year options. Square Feet: 3,000. Seating: 33 Inside & 8 Outside. Days/Hrs of Operation: Su-Th 3p-8p & Fr-Sa 12n-9p. Owners Role: Owner operated. # Of Employees: 2 Full-Time & 4 Part-Time. Value of FF&E: Included In Asking Price (Valued at $100,000). Value of Inventory: $8,000 (Not Included In Asking Price).
Competition
Offering all one’s favorite Italian and Greek foods. Everything is made fresh daily using the highest quality ingredients. Authentic flavors people rave about. Mouth-watering specialty pizzas. Exceptional pasta. Homemade sauces. Awesome dishes. Fabulous desserts. Known for their delicious fare, friendly customer service and top-notch delivery! Best tasting Italian and Greek cuisine in the western suburbs. Best pizza around. Best and only authentic Greek restaurant in the area!
Growth & Expansion
Local favorites. Beloved gathering places. Two incredible neighborhood spots. Area gems. Two great options. The “go-to” pizza place. And the “go-to” place for authentic Mediterranean cooking. Strong customer bases. Tons of regulars. Both highly rated and recommended, excellent reputations to continue to build upon. Can also add beer and wine, plus gaming!
Financing
No.
Support & Training
One week on-site comprehensive training.
Reason for Selling
Current owners relocating.
Report an Issue with this listing
profile-img
Brian
O'Kelly
logo-img
Brian O'Kelly