Chicago North Shore Family Restaurant

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Asking Price:
$60,000

Gross Revenue:
$280,658
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Playbook Advisory has been engaged to sell the assets of an established farm to table, comfort food, dine in or carry out restaurant located in a busy shopping district in an affluent North Shore Chicago suburb. Its unique concept emphasizes quality and value. The Company’s guests have come to expect the friendliness and delicious food it has worked hard to provide. The Company’s ingredients are fresh and all menu items are made to order. It has amazing potential to grow even bigger with its proximity to public transportation.

The Company prides itself on its fresh take on American comfort food. Using only the best, organic ingredients, it turns out classics like fried chicken, pulled pork, mac and cheese, collard greens and much more. The Company has two experienced chefs currently on its payroll that will stay on after the company is sold. All staff members know the restaurant inside and out including regular guests, the equipment, and the equipment maintenance. The ordering and scheduling is handled by the sellers and will either be turned over to the new owner or one of the chefs.

Interested buyers are required to execute an electronic NDA prior to the disclosure of the name and location of the Company. Please call Jim Peddle at 312-525-9622 or email at info@playbookadvisory.com.

About the Business

Year Established:
2014
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,049
Facilities:
The Restaurant operates out of a single, 2,049 sq/ft facility capable of seating 80 customers inside and 20 more outside on the connected patio.
Market Outlook/
Competition:
The Company is unique to its territory with no other restaurants like it for miles. There are few other restaurants in its immediate territory and none of them have the same kind of farm to table offerings or its sellers’ fantastic culinary reputation.
Growth & Expansion:
A new owner has an excellent opportunity to build a marketing plan for the Company almost from scratch. There is plenty of room for investing in social media marketing, SEO, paper marketing materials, ads in culinary magazines, and much more. A new owner could easily take the business to the next level with a little extra time and material.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
The sellers are willing to train the buyer through a transition period. The current staff will stay on following the sale in similar or expanded roles.
Seller Financing:
6000

Listing Info

ID:
1490270
Ad Detail Views:
202

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Business Listed by

Jim Peddle

Playbook Corporate Advisory, Inc.

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