Turnkey Mediterranean/fast food restaurant In Prime Chicago Location
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TURNKEY MEDITERRANEAN RESTAURANT PORTFOLIO - TWO PRIME CHICAGO LOCATIONS
Exceptional opportunity to acquire an established Mediterranean restaurant operation featuring two strategic Chicago locations, offering entrepreneurs a proven multi-unit food service business with significant growth potential.
BUSINESS OVERVIEW
This turnkey Mediterranean restaurant portfolio has been successfully operating since 2019, building solid reputation and customer bases across both locations over five years. The businesses specialize in Mediterranean cuisine with fast-casual service models, catering to Chicago's diverse dining market and growing demand for healthy, authentic Mediterranean options.
DUAL LOCATION PORTFOLIO
Location 1 - Grand Avenue: Strategically positioned with excellent street visibility located in the restaurant corridor and high foot traffic. This 2200 square foot flagship location provides ample space for dining, kitchen operations, and customer flow in one of Chicago's most desirable commercial corridors. Monthly lease: $5,150, expires July 2029.
Location 2 - Express: Located at Wicker Park /Bucktown this second 1200 ft location expands market reach and revenue streams. Monthly lease: $3,200, providing cost-effective operations in another high-traffic Chicago area.
OPERATIONAL ADVANTAGES
- Two fully equipped, operational restaurants ready for immediate transition
- Established customer bases built over five years across both locations
- Proven Mediterranean concept with broad market appeal
- Complete kitchen setups and dining area infrastructure at both sites
- All necessary permits, licenses, and operational systems in place
- Multi-location synergies for purchasing, marketing, and operations
FINANCIAL STRUCTURE
Grand ave , Chicago /asking price of $100,000 lease ending
2nd location: North ave, Chicago asking price is $75000 with all new equipment.
Both locations represents exceptional value for multi-unit restaurant ownership. Combined monthly lease obligations of $8,350 provide operational stability with predictable occupancy costs.
GROWTH OPPORTUNITY
Current absentee ownership presents significant upside potential for hands-on operators. Active management could drive increased sales through enhanced marketing, extended hours, catering services, delivery expansion, and improved operational efficiency across both locations. The Mediterranean segment continues experiencing strong growth as health-conscious consumers seek authentic dining options.
This represents an ideal opportunity for experienced restaurant operators seeking immediate multi-location presence in Chicago's competitive food service market.
Exceptional opportunity to acquire an established Mediterranean restaurant operation featuring two strategic Chicago locations, offering entrepreneurs a proven multi-unit food service business with significant growth potential.
BUSINESS OVERVIEW
This turnkey Mediterranean restaurant portfolio has been successfully operating since 2019, building solid reputation and customer bases across both locations over five years. The businesses specialize in Mediterranean cuisine with fast-casual service models, catering to Chicago's diverse dining market and growing demand for healthy, authentic Mediterranean options.
DUAL LOCATION PORTFOLIO
Location 1 - Grand Avenue: Strategically positioned with excellent street visibility located in the restaurant corridor and high foot traffic. This 2200 square foot flagship location provides ample space for dining, kitchen operations, and customer flow in one of Chicago's most desirable commercial corridors. Monthly lease: $5,150, expires July 2029.
Location 2 - Express: Located at Wicker Park /Bucktown this second 1200 ft location expands market reach and revenue streams. Monthly lease: $3,200, providing cost-effective operations in another high-traffic Chicago area.
OPERATIONAL ADVANTAGES
- Two fully equipped, operational restaurants ready for immediate transition
- Established customer bases built over five years across both locations
- Proven Mediterranean concept with broad market appeal
- Complete kitchen setups and dining area infrastructure at both sites
- All necessary permits, licenses, and operational systems in place
- Multi-location synergies for purchasing, marketing, and operations
FINANCIAL STRUCTURE
Grand ave , Chicago /asking price of $100,000 lease ending
2nd location: North ave, Chicago asking price is $75000 with all new equipment.
Both locations represents exceptional value for multi-unit restaurant ownership. Combined monthly lease obligations of $8,350 provide operational stability with predictable occupancy costs.
GROWTH OPPORTUNITY
Current absentee ownership presents significant upside potential for hands-on operators. Active management could drive increased sales through enhanced marketing, extended hours, catering services, delivery expansion, and improved operational efficiency across both locations. The Mediterranean segment continues experiencing strong growth as health-conscious consumers seek authentic dining options.
This represents an ideal opportunity for experienced restaurant operators seeking immediate multi-location presence in Chicago's competitive food service market.
About the Business
- Years in Operation
- 7
- Employees
- 7 (1 Full-time, 6 Part-time)
One full time cook and 6 part time employees in West Town location. - Opportunities for Growth
- Two restaurants are for sale. 2nd restaurant operates in a high-traffic Chicago market with strong residential, nightlife, and dining activity.The surrounding Bucktown/Wicker Park area attracts a mix of local residents, professionals, and visitors, providing a broad potential customer base.The business benefits from an established location and offers an opportunity for a new owner to further increase sales through stronger marketing, delivery platforms, catering, extended hours, and hands-on ownership.Location and existing infrastructure provide a solid platform for continued operation and growth.Significant growth potential exists through increased owner involvement, expanded marketing and social media, catering, delivery, extended operating hours, and additional menu offerings. The North Avenue location also includes basement space that may offer potential for additional commercial use or expansion, subject to renovation, zoning, code compliance, licensing, and governmental approvals
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $5,150 per month
- Lease Expiration
- 7/31/2029
About the Sale
- Seller Motivation
- Absentee ownership and limited time to actively manage and grow the business.
Listing Info
- ID
- 2540512
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2540512 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.
Businesses for SaleIllinois Businesses for SaleIllinois Food & Beverage Businesses for SaleIllinois Mediterranean Restaurant Businesses for Sale
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