Under Contract

Full-Service Restaurant Sought-After Northwest Suburb of Chicago – Turnkey!

In The Heart Of Its Vibrant Downtown On A Major N-W Thoroughfare With 32,000+ VPD Steps From Its Metra Station With 1,200+ Weekday Commuters

Northwest Suburb of Chicago, IL

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Food Type: Any, Asian, Chinese, Greek/Mediterranean, Japanese, Korean, Ramen, Sushi/Poke, Thai

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $38,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $3,250

Lease Expiration: 01/2029

Lease Options: One-5 Year Option

Year Established: 2024

Owner Operated: No

Seller Financing: No

Summary:

Currently operating as a popular ramen and Japanese restaurant known for its authentic flavors and innovative menu offerings. Serving a variety of amazing dishes including Tokyo-style ramen, Izakaya-style small plates, sushi rolls, sashimi bowls, bento boxes, curry rice and more.

Full-service restaurant. Dine-in or carry out and 3rd party delivery. Can also be easily converted to a fast-casual concept!

Cool modern build-out with a sleek interior and warm sophisticated atmosphere. Boasts high ceilings, exposed ductwork, exquisite lighting, gorgeous tables, contemporary seating, cool concrete floors and more. Features a hostess stand, server stations, beverage areas, bench, counter and table seating.

Along with a fully equipped kitchen complete with hood, gas range, wok burner stations, rice cookers and prep stations, as well as reach-in refrigerators, chest freezers, walk-in cooler and more. Boasts modern, well-maintained commercial equipment!

Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included, but no financials. Save yourself between $250,000 - $300,000 in build-out costs!

Keep a similar concept or bring your own. Turnkey restaurant - ideal for ramen, izakaya, poke, tapas, Asian-fusion, Chinese, Japanese, Greek, Mediterranean, Thai or other contemporary concepts.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please complete the short Contact Form on the right or email Brian O'Kelly at Brian@eatz-associates.com or call 847-579-9641 for more information. Showings by appointment only outside of business hours.

Competition:

Features a stylish, fully built-out dining room and a complete commercial kitchen. Perfect space for all types of dine-in, carryout and delivery models. Fully equipped and well laid out. Convenient neighborhood center. Strong co-tenancy - complimentary restaurants and services. Abundant surface parking.

Growth and Expansion:

Strategically located on a major arterial route. Situated in the heart of the thriving downtown of a high-income northwest suburban market. In close proximity to the train station, residences, schools and entertainment - built-in demand day and night. Enjoys a strong mix of commuters, young professionals and families supporting lunch and dinner business. Excellent walkability, heavy commuter traffic and nearby residential density create a strong customer base!

Location:

Prime corner retail space in a well-maintained multi-tenant retail center with modern brick façade, updated signage, strong curb appeal and exceptional visibility.

Tenants include a balanced mix of restaurants, personal & educational services and offices – ideal co-tenancy for capturing foot traffic throughout the day. And ample shared parking in both front and rear lots with easy ingress/egress.

Perfectly situated in the heart of the vibrant downtown of this sought-after northwest suburb on a major north-west thoroughfare with over 32,000 vehicles per day and just steps from its Metra Station with over 1,200 weekday commuters.

Surrounded by a wonderful mix of local businesses, dining and entertainment. As well as a large population of residents in its surrounding high & mid-rise condos, apartments, townhouses, row homes and homes all within walking distance. Also, hosts many popular community events throughout the year. And just minutes from two large high schools and a big community college.

This exceptional restaurant benefits from exceptional visibility, strong daily vehicular traffic and commuter traffic in a pedestrian-friendly downtown environment that supports daytime/evening dining and weekend crowds, plus a steady flow of students, staff and families.

Located in a sought-after northwest suburb with a population of over 105,000 and a medium household income of $115,000+. Also, a growing restaurant and entertainment hub!

County: Cook

Facilities:

Lease Information: Leased space $3,250/mth gross. Current lease expires Jan 2029 with one 5-year option.

Square Feet: 1,887.

Seating: 40 Inside.

Days/Hrs of Operation: Fr-We 11a-10p & Th 10a-10p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $99,000).

Value of Inventory: Not Included In Asking Price.

Seller Financing Available: No.

Reason for Selling: Other business interests.

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