Popular Local Fast Food Joint Elgin, IL – Well-Established!

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Popular Local Fast Food Joint Elgin, IL – Well-Established!
Asking Price:
$139,000

Gross Revenue:
$420,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Serving tasty gyros, Italian beef & sausage, burgers, Chicago-Style hot dogs & polish, chicken sandwiches, kabobs, nuggets & wings, salads, sides, fountain drinks and more.

Dine-in or take out. Can call ahead for pick up orders.

Simple operation. Easy in and out. Ample parking.

Independent, no royalty, advertising or transfer fees.

Prime retail space in Clock Tower Plaza, a spacious shopping plaza just across from the Grand Victoria Casino. Anchored by a busy Butera supermarket. Other popular tenants include a Chinese restaurant, Mexican restaurant, bakery, dollar store, shoe store, dentist, hair & nail salon, liquor store and more. Surrounded by a huge residential area. Community college nearby!

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:
1985
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
1,050
Lease Amount/Mo.:
$2.19
Facilities:
Leased space – cheap rent $2,300/mth all in.

Square Feet: 1,050.

Seating: 32 (7 Booths & 4 Stools).

Days/Hrs of Operation: Daily 10a-10p.

Value of FF&E: Included in Asking Price
Market Outlook/
Competition:
Best gyros in the suburbs! Best food in town. Amazing cheese fries. Rave reviews online for their delicious food. Great customer service. Known for being fast & friendly.
Growth & Expansion:
Well established for over 33 years. Local favorite. Lots of regulars. Everyone loves this place. Great reputation to continue to build upon.
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About the Sale

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

Listing Info

ID:
1496796
Ad Detail Views:
1448

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$
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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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U.S. Census Data for Kane County, IL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Kane County, IL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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