New Roof, Awnings, HVAC (3), Kitchen, Flooring, Espresso Bar And Much More
Addison, IL
Asking Price: $1,300,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 2010
Owner Operated: No
Seller Financing: No
Food Type: American, Any, Breakfast & Lunch/Brunch, Cafe, Diner
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale With Property

Description:

Incredible opportunity to purchase a popular long-standing breakfast and lunch restaurant.

Full service. Dine-in and takeout.

Warm and welcoming interior. Large waiting area. Refrigerated dessert display case. Expansive windows let in lots of natural light. Spacious dining room and breakfast bar seats a total of 266.

Big fully equipped kitchen with all new equipment including an incredible wait station, espresso bar, prep kitchen and dishwashing station. Features a 28ft & 10ft exhaust hood, 6-burner stove w/oven, 3ft char grill, two 3ft flat top griddle, 5-well steam table, steamer, two deep fryers, gyro machine, waffle maker, two double convection ovens, 120qt mixer, three walk-in coolers, walk-in freezer, ice cream freezer, ice machine and so much more. As well as a Cover POS and security camera system.

Well established restaurant location for over 12 years! Bring your concept here!!

Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: DuPage
Location:

Prime retail space in a striking freestanding building with 80 parking spaces. Located on Lake St, a major street with over 39,000 vehicles per day. Perfectly situated near a busy I-290 interchange with over 163,000 vehicles per day on I-290. Also near several hotels and many homes!

Real Estate: Owned
Facilities:

Property Information: 7,500 sqft one-story masonry & brick freestanding building. Built in 1985. Completely renovated in 2020. New roof, awnings, enclosed garbage area, HVAC (3), kitchen, flooring, espresso bar and more. Plus, resurfaced parking lot. On 1.15 acres - approx. 50,000 sqft. Real estate taxes $35,100. Square Feet: 7,500. Seating: 266. Days/Hrs of Operation: Currently Closed.

Number of Employees: 13
Value of FF&E: Included In Asking Price (Valued at $200,000)
Value of Inventory: Not Included In Asking Price
Competition:

Just completely remodeled. Impeccable kitchen. Immaculate both inside and out. Boasts great signage, visibility and access. On a very busy street near a busy interchange. Set up for high volumes!

Growth and Expansion:

Long time successful restaurant location. A staple in the area. A regular stop in this western suburb. The “go-to” breakfast place!

Excellent demographics. Boasts a population of over 247,000 and over 86,000 households with an average household income of over $106,000 within 5 miles.

Also, the potential to add video gaming!

Seller Financing Available: No
Reason For Selling: Partner issues.