Simple Operation - Revolving Foulds Pizza Oven - No Exhaust Hood, Stove, Fryers Or Grill
Chicago, IL
Asking Price: $90,000
Gross Sales: $491,151
Net Operating Income: $48,428
Monthly Rent: $5,365
Lease Expiration: 04/2023
Options: One 5-Year Option
Year Established: 2002
Owner Operated: Yes
Seller Financing: No
Food Type: Italian, Pizza, Sandwich Shop, Wings
Service Type: Fast Food
Business Type: Independent
Sale Type: Business

Description:

Serving delicious thin, stuffed & Chicago Style deep dish pizzas along with pastas, calzones, subs, sandwiches, salads, wings, sides, appetizers, desserts and more. BYOB.

Open for lunch, dinner and late-night Friday-Saturday. Dine-in, carryout and delivery, plus catering. Also online and mobile phone app ordering.

Cozy interior. Warm and inviting atmosphere. Large expansive windows. Fenced-in sidewalk patio.

Revolving Foulds pizza oven. Simple operation - no exhaust hood, stove, fryers or grill.

Was part of a small local franchise - franchise fee $1,200/mth. Recently converted to an independent. Keep the current concept or re-brand to your own pizza concept or convert it back to an Amato’s Pizza franchise. Same owner for all 18 years!

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.

County: Cook
Location:

Prime corner retail space SE Corner of Clybourn & Sheffield, a busy intersection on the north side of Chicago in popular Lincoln Park. Close to DePaul, shopping, bars, the Metra station, plus surrounded by a vast and growing residential area.

Real Estate: Leased
Facilities:

Leased space $5,365/mth all in. Current lease expires in 2023 with one 5-year option. Square Feet: 1,000. Seating: 18 Inside & 12 Outside. Owners Role: Owner Operated. Days/Hrs of Operation: Su-Th 11a-10p & Fr-Sa 11a-11p.

Number of Employees: 8 + 2 Drivers
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $3,000 (Not Included In Asking Price)
Competition:

Premium pizza! High quality and fresh ingredients. Also quick, friendly and convenient. One of the best places to get quality pizza delivered. Classic Chicago-Style pizza. One of the best pizzas in Chi-town.

Growth and Expansion:

Ideal north side location. Popular neighborhood pizza joint. The go-to pizza place in Lincoln Park. Local favorite. Lots of regulars. Loyal following. And the neighborhood is growing by 50,000 residents with the new Lincoln Yards development!!!!!

Seller Financing Available: No
Reason For Selling: Other interests.