Bring Your Concept Here - Can Easily Convert To Any Type Of Restaurant
Kane County, IL
Asking Price: $79,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $6,672
Lease Expiration: 04/2023
Options: One 5-Year Option
Year Established: 2018
Owner Operated: No
Seller Financing: No
Food Type: American, Any, BBQ Place, Beef/Burgers/Gyros/Hot Dog Joint, Breakfast & Lunch/Brunch, Burgers, Cafe, Cajun, Coffee Shop, Deli, Drive-Thru, Greek/Mediterranean, Grill, Ice Cream/Frozen Yogurt/Gelato, Indian, Italian, Juice Bar, Pizza Place, Sandwich Shop, Smoothies, Sushi/Poke, Wings Place
Service Type: Fast Food
Business Type: Independent
Sale Type: Asset Sale

Description:

Incredible opportunity! Freestanding building with sought after drive-thru. Spacious dining room with ample seating. Also ample parking.

Fully equipped kitchen featuring an 8ft hood, 4-burner stove w/oven, single burner stove, 3 fryers, 6ft prep table, 2-door cooler, 2-door freezer, walk-in cooler/freezer unit, ice machine, Toast POS system, security camera system and much more.

Asset sale - no financials. All FF&E (furniture, fixtures and equipment) included in the asking price. Over $250,000 spent on the build-out.

Currently a seafood restaurant not using its valuable drive-thru. Current owners not selling their concept. Can easily convert to any type of restaurant! (only exclusion Mexican)

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: Kane
Location:

Prime retail space in a freestanding building with drive-thru in the out lot of a busy Menards home improvement store. Along with Steak & Shake and a FedEx Office Print & Ship Center. Across from Kohl’s, Office Max, Petland, Hobby Lobby Aldi and so much more.

Perfected situated on Randall Rd, a major north-south artery that runs through Crystal Lake, Lake in the Hills, Algonquin, Carpentersville, West Dundee, Sleepy Hollow, Elgin, Batavia, Geneva, St. Charles and more. Enjoys over 47,000 vehicles per day!

This busy main road is well known for being lined with retailers and restaurants for nearly its entire length. Including many shopping centers and large outdoor lifestyle centers. As well as high schools, churches, golf courses, offices, hospitals and homes.

Real Estate: Leased
Facilities:

Lease Information: Leased space $6,672/mth gross (also includes garbage). Current lease expires in Apr 2023 with one 5-year option. Square Feet: 3,200. Seating: 92. Days/Hrs of Operation: Tu-Sa 4p-9p & Su 4p-8p (Closed Mondays). Owners Role: Absentee owned.

Value of FF&E: Included In Asking Price
Value of Inventory: Not Included In Asking Price
Competition:

Convenient drive-thru. Surrounded by major retailers. Boasts great signage, visibility and access!

Growth and Expansion:

A+ location. Tons of vehicle traffic. Surrounded by a vast and growing residential area!

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