Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint-29 Yrs!

Cook County, IL

Seller Financing Available

listing image
Asking Price:$450,000
Gross Revenue:$744,000
Rent:$5,560/Month
Cash Flow:$150,000
Inventory:$12,000
Established Year:1995
BUSINESS DESCRIPTION

A classic fast-food joint specializing in delicious gyros off-the-spit, Italian beef, sausage deli & hot sandwiches, submarines, Vienna hot dogs, charbroiled burgers, charbroiled, rotisserie & broasted chicken, bbq back ribs, buffalo wings, homemade soups, fresh salads, tasty sides and other Chicago-style favorites. Along with fountain drinks, shakes, bottled beer and wine. Plus, everyday/daily specials and a kid’s menu.

Simple operation - counter service. Dine-in, carryout, pickup and 3rd party delivery, plus huge catering business. Online ordering also available.

Ample seating at both booths and tables, tv’s to watch all the games and 2 games for the kids.

As well as an open kitchen featuring a large hood, 3 gyros spits, 2-burner stove/flat-top w/oven, char grill, 2 deep fryers (4 baskets), meat slicer, shake machine, beverage fridge, ice machine and much more.

Well established over 29 years. Independent - no royalty, advertising or transfer fees. Family owned and operated.

Prime retail space in a busy strip center on a major thoroughfare with over 30,000 vehicles per day. Boasts great signage, visibility and access, plus ample parking. Plus, surrounded by a vast commercial and residential area!

Located in a sought-after northwest suburb just 30 miles from Chicago’s loop and 14 miles from O’Hare airport. This highly desirable suburb has a great mix of residential, commercial, light industrial, office space and many award-winning schools.

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 Theo Theodosiadis at EatZ & Associates


DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,900
Lease Expiration
31/01/2028
Employees
6
Facilities
Year Established: 1995 (Current Owner 1997). Lease Information: Leased space $5,560/mth gross (also includes garbage). Current lease expires Jan 2028 with three 5-year options. Square Feet: 2,900. Seating: 80 Inside & 20 Outside. Days/Hrs of Operation: Mo-Sa 10a-9p (Closed Sundays). Owners Role: Owner operated. # Of Employees: 5 Full-Time & 1 Part-Time. Value of FF&E: Included In Asking Price (Valued at $150,000). Value of Inventory: $12,000 (Not Included In Asking Price).
Competition
Amazing Chicago-style comfort food. Everything made-to-order hot and fresh. Plus top notch catering. Old school joint. Laid back atmosphere. Family friendly. Well-known for their high-quality fast-food and quick friendly service!
Growth & Expansion
Longtime local favorite. The ‘go-to” fast-food joint. Area gem. Staple in the community. Beloved institution. Loyal customer base. Tons of regulars for generations! Highly rated and recommended, excellent reputation to continue to build upon. Plus, even more room to increase sales by opening on Sundays, adding a full bar and video gaming!
Financing
Yes, to a well-qualified buyer with a minimum of 50% down.
Support & Training
Four weeks on-site comprehensive training.
Reason for Selling
Retiring.
Report an Issue with this listing
profile-img
Ted
Theodosiadis
logo-img
Ted Theodosiadis