Near The High School, Parks And Its Popular Lake For Swimming, Boating & Other Water Sports
Northwest Suburb, IL
Asking Price: $159,000
Gross Sales: $361,946
Net Operating Income: $78,359
Monthly Rent: $1,000
Lease Expiration: 09/2020
Options: Two 5-Year Options
Year Established: 2015
Owner Operated: Yes
Seller Financing: No
Food Type: Beef/Burgers/Gyros/Hot Dog Joint, Greek/Mediterranean
Service Type: Fast Food
Business Type: Independent
Sale Type: Business For Sale

Description:

Serving their famous gyros along with char broiled burgers, Vienna beef hotdogs, Maxwell polish, Italian beef & sausage and other Chicagoland favorites. As well as kebobs, baklava and other Greek favorites. Plus, amazing sandwiches, fresh salads, homemade dressings & soups, crispy fries and other tasty sides. And dinner plates. Pepsi fountain drinks and fridge.

Simple operation - counter service. Serving lunch and dinner. Dine-in and carry-out, pick-up, plus catering.

Fully equipped open kitchen with 3 gyros machines, 4ft flat top grill, 2ft char grill, 3-well steam table, 2 fryers, 2dr sandwich unit, 2dr cooler, 2dr freezer and much more. Full basement for storage.

Nicely appointed interior. Welcoming atmosphere. Expansive windows with lots of natural light. Two dining rooms with tons of seating.

Well established location for over 4 years. Independent, no royalty, advertising or transfer fees. Family owned and operated. Turnkey!

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Lake
Location:

Prime corner retail space on the busy main street in the thriving suburban downtown of this affluent northwest suburb. Great signage and visibility. Ample lot and street parking. Also near the high school, two parks and its popular lake for swimming, boating and other water sports. Walking distance to the beach!

This thriving affluent Chicago northwest suburb has been named the number one place in Illinois for young families. Also named as one of the top 100 "Best Places to Raise Your Family" by Frommer's and as one of the "Top 25 Places to Live in the Country" by U.S. News.

Real Estate: Leased
Facilities:

Leased space - cheap $1,000/mth gross. Current lease expires in Sep 2020 with two 5-year options. Lease amount increases only $25 every year! Square Feet: 2,500. Seating: 50 Inside & 8 Outside. Days/Hrs of Operation: Mo-Sa 11a-8p.

Number of Employees: 5
Support/Training: Negotiable.
Value of FF&E: Included In Asking Price
Value of Inventory: $5,000 (Not Included In Asking Price)
Competition:

Thriving affluent northwest suburb. Ideal suburban downtown location. Prime corner spot in the heart of downtown. Huge summer festivals right outside their front door. Fresh real food. Best gyros, beef, burger and hotdog around. One of the best restaurants in town. Menu has something for everyone. Family friendly. Known for their fabulous food and fast friendly service.

Growth and Expansion:

Real gem - area treasure. Local favorite. A “must-go” place. Neighborhood hot spot. Loyal customers. Lots of regulars. Highly recommended. Steller reviews on all the sites: Google, Facebook, Yelp, TripAdvisor, etc. Great reputation to continue to build upon. Can also open on Sundays. Can also offer delivery. And more customers coming - new condo development just across the street.

Seller Financing Available: No
Reason For Selling: Retiring.