***Turn-Key*** Established Chicago Style Hoagie Shop for Sale
Business Description
Turn-Key Established Chicago Style Hoagie Shop for Sale
This well-established sandwich shop presents an exceptional opportunity for an entrepreneur seeking a profitable food service business in Chicago's vibrant southeast side. Located on the high-traffic Stony Island Avenue, this turn-key operation benefits from excellent visibility and strong foot traffic on a busy 6-lane thoroughfare.
Business Highlights:
• Annual revenue of $500,000 demonstrates strong market demand
• Established customer base with growing delivery presence via Uber Eats and Grub Hub
• Strategic location minutes from the newly opened Obama Presidential Center
• High visibility storefront with exposure from both sides of the street
• Turn-key operation with all equipment and inventory included
Financial Overview:
• Asking Price: $80,000
• Annual Revenue: $500,000, supported by last 2yrs business tax returns with profit/loss statements
• Monthly Lease: $2,855 for 900 sq ft space
• FF&E Value: $35,000 (included in sale)
• Lease term extends through January 1, 2027, with long term lease option available.
The business has built a loyal following since its establishment in 2022, with customers praising the authentic Chicago-style hoagies. The growing delivery platform presence indicates significant expansion potential, with the current owner noting that a second location would be ideal to serve the increasing customer base.
The seller is relocating and will provide comprehensive transitional support and training to ensure a smooth ownership transfer. This represents an excellent opportunity to acquire a profitable, established restaurant with strong growth potential in one of Chicago's most dynamic neighborhoods.
The combination of prime location, established operations, and growth trajectory makes this an attractive investment for buyers seeking immediate cash flow with expansion possibilities in Chicago's thriving food service market.
This well-established sandwich shop presents an exceptional opportunity for an entrepreneur seeking a profitable food service business in Chicago's vibrant southeast side. Located on the high-traffic Stony Island Avenue, this turn-key operation benefits from excellent visibility and strong foot traffic on a busy 6-lane thoroughfare.
Business Highlights:
• Annual revenue of $500,000 demonstrates strong market demand
• Established customer base with growing delivery presence via Uber Eats and Grub Hub
• Strategic location minutes from the newly opened Obama Presidential Center
• High visibility storefront with exposure from both sides of the street
• Turn-key operation with all equipment and inventory included
Financial Overview:
• Asking Price: $80,000
• Annual Revenue: $500,000, supported by last 2yrs business tax returns with profit/loss statements
• Monthly Lease: $2,855 for 900 sq ft space
• FF&E Value: $35,000 (included in sale)
• Lease term extends through January 1, 2027, with long term lease option available.
The business has built a loyal following since its establishment in 2022, with customers praising the authentic Chicago-style hoagies. The growing delivery platform presence indicates significant expansion potential, with the current owner noting that a second location would be ideal to serve the increasing customer base.
The seller is relocating and will provide comprehensive transitional support and training to ensure a smooth ownership transfer. This represents an excellent opportunity to acquire a profitable, established restaurant with strong growth potential in one of Chicago's most dynamic neighborhoods.
The combination of prime location, established operations, and growth trajectory makes this an attractive investment for buyers seeking immediate cash flow with expansion possibilities in Chicago's thriving food service market.
About the Business
- Years in Operation
- 4
- Employees
- 6 (2 Full-time, 4 Part-time)
All long term, dependable, employees would like to remain in their position - Facilities & Assets
- All restaurant equipment and supplies are included in sale of business
- Opportunities for Growth
- Well known hoagie shop on the south-east side of the City, a second location would be ideal to serve more customers that have grown to love our sandwiches via Uber Eats and Grub hub.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 900
- Rent
- $2,855 per month
- Lease Expiration
- 1/2/2027
About the Sale
- Seller Motivation
- Will be relocating
- Transition Support
- Owner will provide transitional support and training.
Listing Info
- ID
- 2482815
- Listing Views
Business Location
Listing ID: 2482815 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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