High Volume Family Restaurant Far SW Suburb

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Established 10 years - Same Owner
Asking Price:
$299,000

Gross Revenue:
$1,605,093
Cash Flow:
$140,731
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Serving breakfast, lunch and dinner daily. Breakfast selections include pancakes, French toast, waffles, crepes, blintzes, omelets, benedicts, hearty skillets, steak & eggs, scramblers, frittatas and more.

For lunch or dinner, there's soups, sandwiches salads, paninis, wraps, burgers, pitas and hot open face specialties. Entrees include beef, steak, chicken, seafood, pastas and authentic Greek specialties. And for dessert ice cream, yogurt, pies, cakes, and more.

Also, a full bar with a full liquor license. Large fully equipped kitchen. Warm and inviting spacious interior.

Independent. Absentee owner.

Prime retail space in a good looking one-story freestanding brick building with 65 parking spaces. Conveniently located.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with patrons or employees.

If interested, contact EatZ for more information. Showings by appointment only.

Listed by Tom Traina at EatZ & Associates

About the Business

Year Established:
2009
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
4,460
Lease Amount/Mo.:
$2.24
Facilities:
Property: Built in 2003. 1.2 acres. Taxes $35,000/yr. Also, for sale for an additional $1,450,000. Leasing Information: $10,000/mth plus tax (If purchase just the business). Square Feet: 4,460. Seating: 150. Hrs Of Operation: Mo-Sa 6:30a-9p & Su 6:30a-3p.
Market Outlook/
Competition:
Home town restaurant. Classic American fare in a comfortable setting. Great breakfast spot. Wonderful selection. Use only the freshest ingredients. The best breakfast, lunch and dinner in Chicago's Western suburbs. Known for their delicious food and fast, friendly, top-notch service.
Growth & Expansion:
Popular restaurant. Packed. Local favorite family restaurant. Fave breakfast joint. The perfect neighborhood restaurant. The go-to place for classic diner food. Lots of regulars. Well-oiled machine. Great reputation to continue to build upon!
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
Two weeks on-site comprehensive training.
Seller Financing:
For Qualified Buyer -up to 50% of the purchase Price

Listing Info

ID:
1538107
Ad Detail Views:
889

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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Source: Decennial Census (2010), United States Census Bureau.

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