Well-Established Hot Dog Joint/Catering Affluent N Suburb-Over 32 Yrs!

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Asking Price:
$79,000

Gross Revenue:
$258,486
Cash Flow:
$46,022
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Serving delicious Chicago-style hot dogs & sausages, plus char-grilled burgers, Italian beef, authentic gyros and tasty sandwiches along with fresh cut fries, sides, salads, desserts and more. Kids' meals. Plus milkshakes and fountain drinks.

Simple operation. Dine-in, carry-out and delivery. Plus, separate catering business since 1985. The best casual catering for school functions, graduations, office parties, company picnics, birthdays, holidays, weddings, funerals, baptisms, bar/bat mitzvahs and more.

Full-equipped. POS system. On-line ordering available. Rewards program.

Independent, no royalty, advertising or transfer fees. Family owned and operated.

Prime retail space in the front of a busy 151,000 sqft neighborhood shopping center anchored by Jewel-Osco plus 37 other retailers. Ample parking.

Perfectly situated on Milwaukee Ave with over 30,000 vehicles per day. Surrounded by a vast commercial and affluent residential area with a population of over 55,000 and an average income of nearly $125,000 within 3 miles.

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

About the Business

Year Established:
1985
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,300
Lease Amount/Mo.:
$3,000.00
Lease Expiration:
12/31/2018
Facilities:
Leased space $3,000/mth includes rent, CAM, insurance and taxes. Current lease expires in Dec 2018 with the option to sign a new lease. Square Feet: 1,300. Seating: 40. Days/Hrs of Operation: Mo-Sa 10:30a-8p (Closed Sundays).
Market Outlook/
Competition:
Great American food. Everything cooked fresh to order. Best burger/hotdog joint around. Best catering in the area. Highly rated and recommended. Known for their amazing food and for being super fast & friendly.
Growth & Expansion:
The go-to place for Chicago-style classics. Long time local favorite. Lots of regulars for many, many years. Addictive - loyal following. Family friendly. Great reputation to continue to build on.
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About the Sale

Reason For Selling:
Want to focus on other restaurant.
Training/Support:
Two weeks on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1473301
Ad Detail Views:
255

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Business Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates

U.S. Census Data for Lake County, IL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Lake County, IL
Income

Education

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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