Established ramen shop for sale -Prime Lakeview location, turnkey

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$510,000

Inventory$8,000
Not included in asking price
FF&E$70,000
Included in asking price
back kitchen
main dining area
front open kitchen
front simulation food model display
back kitchen
back kitchen
back kitchen
main dining area
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Established ramen shop for sale -Prime Lakeview location, turnkey


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$510,000

Inventory$8,000
Not included in asking price
FF&E$70,000
Included in asking price
Business Description
Established Ramen Restaurant - Prime Lakeview Location

This turnkey ramen shop presents an exceptional opportunity in Chicago's desirable Lakeview neighborhood. Operating successfully since 2019, the business has built a loyal customer base and demonstrates strong financial performance and cash flow.

Business Overview:
- Well-established Japanese restaurant specializing in ramen
- Prime location in dense residential area with high foot traffic
- 950 square feet of efficiently designed space
- Lease secured through October 2029 at $2,575/month
- Complete with $70,000 in well-maintained furniture, fixtures, and equipment

Financial Highlights:
- Profitable operation with established revenue history
- Strong financial performance in competitive market

Location Advantages:
- Situated in vibrant Lakeview neighborhood
- Benefits from dense residential population and nightlife proximity
- Attracts mix of young professionals, students, and local residents
- Consistent year-round demand from established customer base
- High foot traffic area with strong dining culture

Growth Potential:
- Currently closed Mondays year-round and Tuesdays during summer
- Additional 13-day summer closure presents expansion opportunity
- Potential to increase revenue through extended operating hours
- Opportunity for enhanced digital marketing and social media presence
- Room for menu expansion and increased delivery sales

Operational Benefits:
- Easy to operate with established systems
- Turnkey operation ready for immediate transition
- Comprehensive training and support included for 2-4 weeks
- Recipes, menu structure, and workflow systems provided
- Flexible ongoing support available as needed

The owner is selling due to health considerations, creating an opportunity for a motivated buyer to acquire a profitable, well-positioned restaurant with significant upside potential in one of Chicago's most desirable neighborhoods.
About the Business
Years in Operation
7
Facilities & Assets
Fully built-out and well-maintained restaurant in a prime Lakeview location. The space features a complete commercial kitchen equipped with high-quality equipment, including ramen boilers, commercial ranges, prep stations, refrigeration units, freezers, ventilation hood system, and grease trap(newly replaced on 11/2025)

Equipment has been regularly maintained and is in good working condition, allowing for a smooth transition to new ownership.

Dining tables were newly replaced on March 2026
Market Outlook / Competition
Located in the highly desirable Lakeview neighborhood of Chicago, the business benefits from strong foot traffic, dense residential population, and a vibrant dining scene. The area attracts a mix of young professionals, students, and local residents who frequently dine out and order takeout, providing consistent demand year-round.
There remains significant opportunity for growth through expanded marketing efforts, increased delivery sales, extended operating hours, or menu additions.
Opportunities for Growth
The business offers multiple opportunities for growth and revenue expansion. Currently, the restaurant closed on Mondays year-round and additionally closed on Tuesdays during the summer months (June through August), along with an annual summer break of approximately 13 days.
A new owner has the opportunity to increase revenue by expanding operating days and hours, particularly by opening on currently closed days and reducing seasonal downtime.
There is also strong potential to grow by investing in targeted digital marketing and social media presence.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
950
Rent
$2,575.00 per month
Lease Expiration
10/1/2029
About the Sale
Seller Motivation
Owner is exiting due to health condition
Transition Support
Seller is willing to provide comprehensive training and support to ensure a smooth transition.
The seller will assist with onboarding and operational guidance for a period of 2–4 weeks after closing, with additional support available if needed. Recipes, menu structure, and workflow systems will be shared to help maintain consistency and quality.
Flexible support.
Listing Info
ID
2484579
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Business Listed by: Yan Zheng

Listing ID: 2484579 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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