Full-service restaurant complemented by banquet and private events
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Established Italian fine dining restaurant offering exceptional investment opportunity in prime Des Plaines location. Operating continuously since 1974, this full-service establishment features comprehensive banquet and private event capabilities, generating $749,250 in annual revenue.
Property Details:
• 4,061 sq ft freestanding building with parking
• Prime Wolf Road corridor location near O'Hare Airport
• Real estate included in sale (valued at $750,000)
• High-traffic area with strong surrounding demographics
Operational Strengths:
• Experienced team with chef having 18+ years experience
• Staff retention over 5 years demonstrates stability
• Established customer base with 50-year operating history
• Turnkey restaurant infrastructure already built out
• Multiple revenue streams through dining and events
Growth Opportunities:
• Banquet and private event expansion potential
• Corporate catering development
• Airport and hotel event catering
• Cultural events and celebrations
• Wedding and corporate meeting venue
The location offers significant advantages including proximity to O'Hare Airport, hotel traffic, and excellent visibility on busy Wolf Road. The property's commercial zoning and layout provide flexibility for various concepts or redevelopment opportunities.
Owner Support:
• 6 months training and transition assistance included
• Comprehensive operational knowledge transfer
• Established vendor relationships and procedures
Selling due to owner's relocation to South Carolina. This represents a rare opportunity to acquire a well-established restaurant with real estate in a prime location, backed by decades of operational success and significant growth potential in the expanding Des Plaines market.
Property Details:
• 4,061 sq ft freestanding building with parking
• Prime Wolf Road corridor location near O'Hare Airport
• Real estate included in sale (valued at $750,000)
• High-traffic area with strong surrounding demographics
Operational Strengths:
• Experienced team with chef having 18+ years experience
• Staff retention over 5 years demonstrates stability
• Established customer base with 50-year operating history
• Turnkey restaurant infrastructure already built out
• Multiple revenue streams through dining and events
Growth Opportunities:
• Banquet and private event expansion potential
• Corporate catering development
• Airport and hotel event catering
• Cultural events and celebrations
• Wedding and corporate meeting venue
The location offers significant advantages including proximity to O'Hare Airport, hotel traffic, and excellent visibility on busy Wolf Road. The property's commercial zoning and layout provide flexibility for various concepts or redevelopment opportunities.
Owner Support:
• 6 months training and transition assistance included
• Comprehensive operational knowledge transfer
• Established vendor relationships and procedures
Selling due to owner's relocation to South Carolina. This represents a rare opportunity to acquire a well-established restaurant with real estate in a prime location, backed by decades of operational success and significant growth potential in the expanding Des Plaines market.
About the Business
- Years in Operation
- 52
- Employees
- 12 (4 Full-time, 8 Part-time)
- Currently Home Based
- Yes
- Facilities & Assets
- This location is well suited for a full-service restaurant concept complemented by banquet and private event facilities, serving weddings, corporate functions, receptions, and private celebrations. The surrounding communities of Des Plaines, Mount Prospect, and Park Ridge provide a strong residential customer base, while nearby hotels and businesses generate consistent corporate and hospitality demand.
- Website
- https://www.mygiacomos.com
- Market Outlook / Competition
- Key strengths of this listing in the current Des Plaines / O’Hare submarket:
High-traffic Wolf Road corridor near O’Hare Airport
Freestanding restaurant with parking
Existing restaurant infrastructure already built out
Potential banquet / private-event angle
Strong surrounding demographics and nearby hotel traffic
Flexible redevelopment potential beyond restaurant use
Nearby competing restaurant-sale opportunities in the same market include:
1640 S River Rd — turnkey restaurant property with parking in a high-traffic area.
1290 Northwest Hwy — renovated corner restaurant property with signage visibility.
1215 S Wolf Rd — fast-food/drive-thru restaurant property including business and equipment. - Opportunities for Growth
- Highest-value growth opportunities
1. Banquet & private event expansion
This is probably the strongest upside.
The current layout and positioning already support:
Weddings
Corporate meetings
Cultural events
Holiday parties
Funeral luncheons
Birthday/private celebrations
2.Redevelopment upside
New restaurant developments
Mixed-use projects
Hospitality growth
Retail repositioning
That means future buyers may value:
Land position
frontage
parking
commercial zoning
redevelopment flexibility
more than the current restaurant itself.
3. Catering expansion
The property already has catering positioning through the existing restaurant identity.
Growth areas:
Corporate catering
School catering
Airline/airport support
Hotel event catering
Meal prep
Delivery platforms
4. 7. Franchise conversion potential
Potential conversion opportunities:
Mediterranean concept
upscale fast casual
steakhouse
sports bar
breakfast/brunch concept
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,061
About the Sale
- Seller Motivation
- seller is relocating to South Carolina
- Transition Support
- We have staff working over 5 years, chef over 18 yrs of experience. We will help new client 6 mo. of training if needed.
Listing Info
- ID
- 2503906
- Listing Views
Attached DocumentsAttachment Disclaimer
Memorandum Flyer_031226 (1).pdf
Business Location
Listing ID: 2503906 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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