Hot Listing

Longstanding Hugely Popular Café Chicago, IL - Over 28 Years!

Asking Price$299,000

Cash Flow
$106,370
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,586,149

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
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Hot Listing

Longstanding Hugely Popular Café Chicago, IL - Over 28 Years!


Asking Price$299,000

Cash Flow
$106,370
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,586,149

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
On A Lively Stretch Of A Major N-S Artery/Busy Mixed-Use Corridor
Offering an eclectic menu of amazing vegan, vegetarian, gluten free and meat friendly dishes for breakfast, brunch, lunch and dinner. Including breakfast staples, brunch favorites, soups, salads, sandwiches, wraps, personal pizzas, full plates, munchies and more. As well as shakes and mouth watering desserts. In addition to a huge selection of cocktails and bottled beers, plus fresh-squeezed mimosas, kitchen-made bloody Marys and boozy shakes.

Full-service restaurant. Breakfast served all day & night and brunch on Saturday and Sunday. Dine-in, takeout and 3rd party delivery. Also, gift certificates.

Boasts a charming storefront presence along with a retro interior adorned with vintage pieces, neon accents, pops of color and playful touches. Plus, a lively dog-friendly sidewalk patio out front.

Well established over 28 years. And with the current owners over 22 years. Independent - no royalty, advertising or transfer fees. Relocated just a mile away and remodeled 5 years ago. Owner operated plus a full-time manager in place. Consistent sales year after year after year!

Prime retail space in a freestanding building with 1st floor retail and several condos above. Enjoys great signage, high visibility and ample foot/vehicle traffic. Also features large street-level windows and outdoor seating, giving it a warm, “living storefront” vibe that attracts both locals and visitors alike. Plus, easy metered street parking as well as several paid parking lots nearby!

Perfectly situated on a lively stretch of a major north-south artery and busy mixed-use corridor filled with boutiques, coffee shops, restaurants, bars, entertainment venues and much more. A major draw for foot traffic day and night: popular with locals, night-owl diners and transit riders, thanks to nearby CTA bus routes and its proximity to Red Line stations. Also, a bike-friendly neighborhood!

Well positioned on this bustling street celebrated for its vibrant food scene and indie spirit. In a wonderful area of the city that combines historic charm with newer developments including classic Chicago 2-flats, courtyard buildings and multi-unit apartment buildings, attracting a mix of locals, creatives and food lovers. Plus, a large number of young professionals, long-term residents and more.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.

Listed By Stephen Ross at EatZ & Associates
About the Business
Years in Operation
28
Employees
18
Facilities & Assets
Year Established: 1997 (Current Owners 2003).

Leased space $5,217/mth gross (also includes water). Current lease expires Jan 2030 with one 5-year option. Very tenant-friendly lease.

Square Feet: 2,039.

Seating: 84 Inside & 16 Outside.

Days/Hrs of Operation: Mo-Fr 10a-10p, Sa 8a-11p, Su 8a-10p.

Owners Role: Owner operated - active day-to-day + full-time general manager.

# Of Employees: 10 Full-Time & 8 Part-Time.
Website
http://www.eatz-associates.com
Market Outlook / Competition
A vibrant, inclusive, comfort-food haven. One of the earliest cafés in Chicago to embrace vegan and vegetarian fare, while still catering to meat eaters. Something for everyone. Caters to brunch-goers, lunch crowds, dinner groups, and night owls. Top notch fare. Big, hearty dishes. Indulgent vegan/vegetarian comfort food. Also, cherished for its quirky retro decor, welcoming atmosphere and cozy vibe. And fabulous sidewalk seating, ideal for al fresco dining and engaging with the energetic street vibe. Plus, known for their warm friendly service!
Opportunities for Growth
Longtime favorite. Beloved restaurant. Iconic café. A Chicago landmark. An institution in the community. The go-to breakfast/brunch/lunch/dinner/late-night bite hangout. Also, a convenient pre-show or post-meal stop. Sought-after staple in a dynamic neighborhood. In the heart of one of Chicago’s most vibrant walkable districts, a “walker’s paradise”. A+ in walkability and transit access!

Highly rated & recommended, stellar reputation to continue to build upon. Plus, loyal customer base. And a steady stream of regulars within walking distance!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,039
Rent
$5,217.00 per month
Lease Expiration
1/31/2030
About the Sale
Seller Motivation
Possibly moving out of state.
Transition Support
Open to discuss.
Financing Options
No.
Listing Info
ID
2388771
Listing Views
1068

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Business Listed by: Stephen Ross EatZ & Associates

Listing ID: 2388771 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.