For Sale

Beloved Longstanding Breakfast & Lunch Restaurant Chicago, IL – $1.2M In Sales!

At A High-Traffic Intersection Along A Major E-W Arterial Corridor On Chicago’s Northwest Side

Chicago, IL

Contact

Theo Theodosiadis
Theo@eatz-associates.com
847-910-4657

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Food Type: Breakfast/Brunch & Lunch, Diner

Service Type: Full Service

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $225,000

Gross Sales: $1,200,000

Net Operating Income: $(Contact For)

Monthly Rent: $9,000

Lease Expiration: 03/2029

Lease Options: Two 5-Year Options

Year Established: 1968 (Current Owner 2024)

Owner Operated: Yes

Seller Financing: No

Summary:

Rare opportunity to acquire long-standing, highly regarded breakfast & lunch restaurant in a dense, high-traffic area of Chicago generating $1.2 million in annual sales.

A Chicago Original

Open since 1968, this neighborhood favorite combines decades of brand recognition, a loyal multi-generational customer base and a fully equipped restaurant with a recently updated interior.

Operating successfully for decades, this iconic business is widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community.

Freshly Updated Interior

Features expansive windows, comfortable counter/table/booth seating, an efficient layout and an efficient commercial kitchen designed to handle high-volume service.

Broad Menu Appeal

And its strong reputation has been built on scratch-made breakfast favorites and classic lunch options driving steady daily traffic and repeat clientele.

Offers delicious omelets, skillets and benedicts, as well as specialty pancakes, waffles, crepes and French toast, plus tasty burgers, sandwiches, wraps, paninis, salads and south of the border favorites. Along with freshly brewed coffee, espresso drinks, hot and iced teas, juices, smoothies and milkshakes. And a kid’s menu.

An Outstanding Opportunity

Long established for over 58 years. Independent - no royalty, advertising or transfer fees. Owner operated. Turnkey with a long-time experienced staff in place!

Restaurant Highlights

- Iconic breakfast & brunch destination for 6 decades
- High-volume operation w/efficient kitchen
- Large 3,950 sqft full-service restaurant + basement
- Dine in or out & takeout + catering
- Accepts group reservations & available for private parties
- Spacious dining room w/138 seats + sidewalk patio seating
- Extensive crowd-pleasing menu w/broad appeal
- Strong brand recognition, deep-rooted community presence w/loyal repeat clientele spanning generations
- Excellent word-of-mouth & online reputation

Ideal for an experienced restaurant operator seeking an established Chicago location with substantial existing sales and significant infrastructure already in place.

This is a HIGHLY confidential listing. If interested, please complete the short Contact Form on the right or email Theo Theodosiadis at Theo@eatz-associates.com or call 847-910-4657 for more information. Showings by appointment only outside of business hours.

Competition:

A wonderful classic diner-style breakfast and lunch restaurant. Their delicious menu appeals to a wide demographic, driving steady traffic throughout the day and week. Widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community and beyond.

Longtime local favorite. Long-established neighborhood institution. Decades of continuous operation with deep roots in the community. A beloved diner for almost 6 decades. Iconic breakfast & brunch destination with a loyal repeat clientele. A legacy restaurant with tremendous brand recognition.

Also, a prime high-visibility location in one of Chicago’s most densely populated and consistently active trade areas!

Growth and Expansion:

Highly rated and recommended, solid reputation to continue to build upon for another 60 years!

Also, the opportunity to further increase sales by:

- Expanding operating hours - existing kitchen & seating could support dinner service
- Promoting weekend brunch - highlight specialty dishes, group reservations & family dining
- Adding - gluten-free, dairy-free and allergen options,
- Introducing new beverages - specialty coffee, smoothies & potentially alcoholic brunch beverages to enhance revenue
- Increasing catering - target offices, schools, community organizations & private events
- Modernizing digital presence & strengthening online ordering - capture more takeout business & encourage more repeat orders
- Leveraging 3rd-party delivery - potentially reach additional customers beyond the dining room

Location:

Prime Corner Retail Space

In a freestanding mixed-use building with on-site parking (rare for the area) for 22 vehicles. And outstanding signage and visibility along a major thoroughfare.

Perfectly situated at a high-traffic intersection along a major E-W arterial corridor on Chicago’s northwest side, this restaurant benefits from exceptional daily traffic counts, strong visibility and easy accessibility.

Its surrounding trade area is a dense mix of residential neighborhoods, retail corridors and neighborhood commercial nodes, providing a steady flow of customers throughout the day. A highly reliable breakfast/lunch trade area with consistent year-round demand!

The location is particularly well-positioned to capture:

- Morning commuter traffic
- Local neighborhood regulars
- Nearby workforce & service employees
- Weekend crowds

Additionally, the area is supported by:

- Its close proximity to major intersections & connecting routes
- Nearby schools, parks & community anchors
- A high concentration of single-family homes & multi-unit residences
- A strong base of long-term residents w/stable household incomes

County: Cook

Facilities:

Lease Information: Leased space $9,000/mth gross. Current lease expires Mar 2029 with two 5-year options.

Square Feet: 3,950 SqFt + Basement.

Seating: 138 + Sidewalk Patio Seating.

Days/Hrs of Operation: Daily 7a-3p.

Owners Role: Owner operated - host, expeditor and manages the front of house.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued At $200,000).

Value of Inventory: $10,000 (Not Included In Asking Price).

Number of Employees: 10 Full-Time & 5 Part-Time.

Support/Training: Two-four weeks on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other interests.

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