Well-Established Fast-Food Restaurant Machesney Park - w/2 Properties!

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Asking Price:
$1,899,000

Gross Revenue:
$1,279,139
Cash Flow:
$220,282
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Serving delicious gyros, Italian beef & sausage, pure beef hot dogs, char-broiled burgers, grilled chicken, specialty sandwiches, hot & cold subs, wraps, clubs, ribs, salads, soups, sides, desserts and more. Daily specials. Kids meals. Plus, Pepsi fountain drinks and milkshakes.

Simple operation - counter service. Dine-in, plus HUGE carry-out and delivery business. Many deliveries to businesses, offices and manufactures in the area!

In a freestanding building on a major street with excellent street frontage, great signage, fantastic visibility, high traffic counts, easy access, inside & outside seating, drive-thru and ample parking. Well-established 11 years! Family friendly.

Features a fully-equipped professional kitchen with large hood, walk-in cooler and freezer. Plus, office, storage room and more. Efficiently set up for large volumes.

Independent - no royalties, advertising or transfer fees. Family owned and operated. Turnkey operation.

Ideally located just north of Rockford and south of Rockton/Roscoe in the midst of the booming 173 Retail Corridor - the fastest growing area of retail and dining in the greater Rockford area. This regional shopping area boasts a long list of national retailers: Starbucks, Lens Crafters, Bed Bath and Beyond, Target, Michael's, Panera, PetsMart, Khols, Hallmark, Maurices, Famous Footwear, Lowe's, Fashion Bug, Taco Bell, TJ Maxx, Sprint, Home Depot, Gordman's, Office Max and much more. Also, a 14-screen movie theater and close to the famous Rockford Speedway.

Area In General - Rockford is the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!

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 Ted Aretos at EatZ & Associates / Z Real Estate Group / American Realty Network Inc

About the Business

Location:
Machesney Park, Illinois
Year Established:
2008
Number of Employees:
25
Real Estate:
Owned
Building Sq. Ft.:
3,000
Facilities:
Businesses and property included in the asking price, plus a 2nd property: a buildable/leasable pad in a prominent location anchored by Aldi and FedEx, just across the street from KFC, Target, Home Depot, Chipotle, plus many other big box retailers. This additional pad has interest from several national tenants!

Square Feet: 3,000.

Seating: 104.

Days/Hrs of Operation: Daily 10:30a-10p.

Value of FF&E: Included in Asking Price.
Market Outlook/
Competition:
One of the top places to eat in the Rockford metropolitan area. Ideally located. The “go-to” place for delicious food! Great American food restaurant. Finest Chicago dog around. King of the gyros. Best food in town. One of the only places in the area to get authentic Chicago-style food. Amazing fast food. Extensive menu. Everything fresh made-to-order. High quality ingredients. Known for their friendly service.
Growth & Expansion:
Highly successful small local chain. Excellent brand name recognition. Hugely popular. Local favorite. Lots of regulars. Well loved by many. Prime location on a busy street in a growing area. Well established location. Staple in the area. Loyal customer base. A steady business with a strong sales history. Highly rated and recommended, great reputation to continue to build upon.
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
At least two weeks on-site comprehensive training. As long as it takes to transition smoothly.
Seller Financing:
No, but already pre-approved for SBA financing.

Listing Info

ID:
1644992
Ad Detail Views:
0

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Business Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390


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