Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming - Posen, IL
Business Description
A classic long-running breakfast and lunch diner offering breakfast all day including a large variety of amazing omelets, hearty skillets, fluffy pancakes/waffles/French toast and more, along with mouth-watering burgers/melts, tasty sandwiches/clubs and sizzling steaks.
Full-service restaurant. Dine-in, pick-up, carryout and 3rd party delivery.
Features a large well-maintained and efficient space with expansive windows, hostess stand, refrigerated display case, long open wait station, convenient counter seating for quick service, as well as ample table and booth seating. Plus, a fully-equipped well-organized commercial kitchen set up for high volumes with its 25ft hood, 6-burner stove w/oven, double-stack ovens, three flat tops, two 2-basket deep fryers, large steam table, walk-in cooler, walk-in freezer and much more.
In addition to a private gaming area with 6 video gaming machines. 2024 gaming revenue (locations take) $161,596!
Well established 35 years. Independent - no royalty, advertising or transfer fees. Owner operated.
Prime corner retail space with great signage, high visibility, easy access and ample parking.
Perfectly situated on a high-traffic thoroughfare just off the interstate with over 19,600 vehicles per day. Also, a busy service/retail, municipal and light-industrial corridor with constant vehicle flow.
Plus, surrounded by a vast residential area!
Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.
Listed By Tim Ryan at EatZ & Associates
Full-service restaurant. Dine-in, pick-up, carryout and 3rd party delivery.
Features a large well-maintained and efficient space with expansive windows, hostess stand, refrigerated display case, long open wait station, convenient counter seating for quick service, as well as ample table and booth seating. Plus, a fully-equipped well-organized commercial kitchen set up for high volumes with its 25ft hood, 6-burner stove w/oven, double-stack ovens, three flat tops, two 2-basket deep fryers, large steam table, walk-in cooler, walk-in freezer and much more.
In addition to a private gaming area with 6 video gaming machines. 2024 gaming revenue (locations take) $161,596!
Well established 35 years. Independent - no royalty, advertising or transfer fees. Owner operated.
Prime corner retail space with great signage, high visibility, easy access and ample parking.
Perfectly situated on a high-traffic thoroughfare just off the interstate with over 19,600 vehicles per day. Also, a busy service/retail, municipal and light-industrial corridor with constant vehicle flow.
Plus, surrounded by a vast residential area!
Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.
Listed By Tim Ryan at EatZ & Associates
About the Business
- Years in Operation
- 34
- Number of Employees
- 13
- Facilities & Assets
- Leased space $7,225/mth gross. Current lease expires May 2027 with two 5-year options.
Square Feet: 4,200.
Seating: 125.
Days/Hrs of Operation: Daily 6:30a-1:15p (Gaming 6:30a-9p!).
Owners Role: Owner operated (active-day-to-day) - hosts and manages the front-of-the house.
# Of Employees: 13 (6 Cooks + 5 Waiter/Waitresses + 2 Carry-Out Staff). - Website
- http://www.eatz-associates.com
- Market Outlook / Competition
- Longtime local favorite. Beloved establishment in the area. Cherished neighborhood diner. Institution in the community. A staple in Posen. Loyal customer base. Tons of regulars for generations!
Offering a wide range of hearty meals in a welcoming atmosphere. Serving delectable all-day comfort food. A comfortable and family-friendly experience. Well known for their combo specials, big skillets and fast friendly service.
Highly rated and recommended, great reputation to continue to build upon. Boasts consistent revenue and profitability! - Opportunities for Growth
- Currently operating exclusively as a breakfast & lunch establishment (6:30a-1:15p), this restaurant offers significant untapped potential. Its gaming is available till 9p, creating an immediate opportunity to extend food service hours to capture more lunch, as well as dinner traffic to complement its existing gaming business. With the expansion in dining service plus introducing liquor, as well as optimizing food costs, adding events/catering and some local advertising, a new owner could potentially increase their adjusted net income to over $160,000 a
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,200
- Rent
- $7,225.00 per month
- Lease Expiration
- 5/31/2027
About the Sale
- Seller Motivation
- Retiring.
- Transition Support
- Negotiable on-site comprehensive training.
- Financing Options
- No.
Listing Info
- ID
- 2410751
- Listing Views
- 11
Listing ID: 2410751 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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