High Volume Fast-Casual Mexican Restaurant - West Rogers Park!

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As seen on Chicago's Best!
Asking Price:
$329,000

Gross Revenue:
$994,892
Cash Flow:
$93,580
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Featuring fresh made-from-scratch authentic tacos and Mexican street food.

Serving delicious appetizers, tortas, tacos, quesadillas, burritos, tostadas, entrees and their amazing specialty dishes. Along with tasty Mexican sides, extras, drinks and desserts. BYOB - liquor store conveniently located in the same center.

Simple operation - counter service. Dine-in, carry-out and delivery, plus catering. Online ordering also available.

Spent over $500,000 to build-out! Clean, modern, yet rustic interior. Cool industrial vibe. High ceilings with exposed trusses, electrical and ductwork. Also exposed brick walls. Relaxed casual atmosphere - great for families, friends and large groups. Festive music. Spacious dining area.

Fully-equipped kitchen includes 12ft hood, 4 burner stove w/oven, 2 deep fryers, 2 flat top grills, char grill with stand, tortilla sheeter, panini press, mixer, hot box, many stainless-steel prep tables, couple of refrigerated sandwich units, several types of refrigerators & freezers, 2 flat screen TVs, 3 POS systems, surround sound system and much more.

Independent, no transfer, royalty or advertising fees. Turnkey! Absentee owner operated.

Location: Prime retail space in a small strip center with parking at a busy intersection on the northside of the city. Surrounded by a vast commercial and residential area.

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

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

Listed By Pat Mahoney at EatZ & Associates

About the Business

Year Established:
2015
Number of Employees:
16
Real Estate:
Leased
Building Sq. Ft.:
2,700
Rent:
$4,820.00 Per Month
Lease Expiration:
3/1/2020
Facilities:
Leased space $4,820/mth includes rent, CAM, insurance and taxes. Current lease expires in 2020 with one 5-year option.

Square Feet: 2,700.

Seating: 65.

Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p.

Value of FF&E: Included In Asking Price.
Market Outlook/
Competition:
Everything made from scratch including house made tortilla chips, tortillas, churros and more. Only the freshest quality ingredients locally sourced. Tasty well-crafted fare. Authentic flavors. Incredible taste combinations. Creative real Mexican food. Gourmet Mexican comfort food. Excellent local Mexican cuisine. Best tacos in Chicagoland. Best Mexican food in town. Favorite taco joint in the hood. The perfect Mexican spot in the neighborhood. A must-eat for anyone who lives in or visits the area. Nothing like this for miles. Known for their outstanding food and quick friendly service.

Also, many accolades from Chicago's Best, Timeout, Chicago Food Magazine, Fab Food Magazine, Thrillist, Roadtips, Chicago Tribune, Chicago's WGN and more!
Growth & Expansion:
A real gem. A Chicago favorite for both lunch and dinner. Best quick stop for Mexican food. The "go-to" Mexican restaurant. Lots of regulars - really hooked. Highly rated, reviewed and recommended. Great reputation to continue to build upon!
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About the Sale

Reason For Selling:
Other businesses.
Training/Support:
Two weeks on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1613335
Ad Detail Views:
0

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Business Listed by

Pat Mahoney

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390

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

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Source: American Community Survey (2010-2014), United States Census Bureau.

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