Suburban restaurant business for sale in Chicago Illinois area. Business and real estate for sale.
Total Sales: $1,874,609
Cash Flow: $360,713
FFE: $499,221 (Included in Price)
Lender Pre-Qualified?: Yes
Terms and Conditions?:
Real Estate also avaiable for an additional $799,000.
Reason For Sale:
Sellers have other business involvement and future interests.
Training & Support:
Seller will provide as much training as needed and as agreed during the purchase process.
Year Established: 1995
Days & Hours of Operation: Close on Monday. Tuesday-Sunday 10:30 AM to 9:00 PM. 24 hours a day for catering with advance notice.
Monthly Rent: TBD
Type of Location: Residential
Square Footage: 3000
Approximately 3000 sq ft stand alone building with significant additional onsite storage units built or placed on a 30,300 (approx) sq ft property.
This is a business purchase only at this price, but the real estate can also be purchased for an additional $799,000 or leased with an option to buy for a limited period of time. The business has been reviewed for potential bank/SBA financing and is pre-qualified as a business with a qualified buyer that is prepared to seek bank financing as an option.
This business is like no other and with a successful model that few business owners achieve at this level. This is a very successful carryout and catering restaurant located in the near Chicago suburbs. They offer a profitable menu that includes lots of pizza options, but also other popular Italian and American dishes. They are well known for satisfying food including appetizers, pizza, burgers, sandwiches, chicken, salads, and much more.
Key Upside for New Owner:
1. Price includes all owner cash flow, all business assets such as FF&E, catering trucks, van, pickup, storage containers, etc., and the real estate, which includes the well-equipped property/well-equipped building.
2. Over 20 years in business with strong growth
3. Very unique & efficient building/property layout
4. Modern, efficient, food prep kitchen to support retail and catering
5. Currently serves multiple suburban areas far beyond its physical location
6. Seasoned long-term employees, cross-trained, and committed to quality and service
An experienced operator must see to fully appreciate the professionalism and systems of this operation that is located in the suburbs of Chicago and in Cook County.
* Call for general non-confidential details and a discussion to see if this is a good fit for you. Happy to speak generally in order to assist you prior to your needing to sign a CA/NDA.
** Listing content subject to change if/when additional or more current information becomes available and this listing can be withdrawn without notice.
- This proprietary business approach is unique in that there are multiple ways of driving business to this particular location because they proactively integrated unique aspects that other business owners do not.
- This business has the available space and the needed kitchen as well as other equipment to expand to a point of potentially increasing business by perhaps as much as another 50% or more. The business also has the ability to service satellite locations for even greater expansion.