For Sale

Fully-Equipped Freestanding Restaurant Sought-After Northwest Suburb of Chicago – Strongest Commercial Corridors!

An Established Restaurant Corridor In One Of Chicagoland’s Most Desirable Suburban Markets

Northwest Suburb of Chicago, IL

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Food Type: Any, Greek/Mediterranean, Grill, Pizza Place

Service Type: Fast Casual

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $59,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $4,000

Lease Expiration: (New Lease)

Lease Options: Two 5-Year Options

Year Established: 1990 (Current Owner 2024)

Owner Operated: No

Seller Financing: No

Summary:

An incredible opportunity to acquire a turnkey restaurant in a premium location!

Simple operation - counter service. Dine-in, carryout and delivery, plus catering.

Features a full bar, service counter, complete commercial kitchen line with hood, Faulds rotating pizza oven, walk-ins, ample prep area and a spacious dining room.

Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included, but no financials. Keep a similar pizza concept or make it your own. Also, the option to purchase the building for a total asking price of $899,000.

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 Tim Ryan at Tim@eatz-associates.com or call 847-343-1332 for more information. Showings by appointment only outside of business hours.

Competition:

Fully built-out and equipped. Set up for high volumes. Designed for efficiency. Flexible layout. Great signage for local and daily commuter traffic. Prominent street frontage on a well-travelled street. Excellent visibility along a major artery with constant vehicle flow. Strong community presence near residential neighborhoods, schools and community amenities. Excellent delivery radius. Also, near the village’s major transit link. An established restaurant corridor with proven traffic and strong consumer dining patterns!

Growth and Expansion:

In one of Chicagoland’s most desirable suburban markets with its combination of strong demographics, high household income, dense residential neighborhoods, local dining loyalty and a longstanding culture of dining and takeout. Built-in demand!

Plus, recent redevelopment in adjacent buildings, updated tenant mixes and ongoing improvements signal an upward momentum in the immediate trade area. Surrounding properties are being remodeled and re-tenanted. Time to get in is now!

Location:

Prime retail space in a freestanding building with ample lot and street parking on one of this sought-after northwest suburb’s strongest commercial corridors. This stretch is a well-known, well-traveled commercial artery with strong visibility and significant daily traffic.

Benefits from nearby residential neighborhoods, schools, retail centers, healthcare providers and everyday service businesses - generating consistent customer flow throughout the day and night.

Also, minutes to/from a CTA Yellow Line and Rail Station!

Ideally located in a highly desirable northwest suburb 16 miles NW of downtown Chicago and 12 miles E of O'Hare International Airport. Money magazine named it among the 80 fastest-growing suburbs in the entire nation. And it is ranked by Chicago magazine near the top in its suburban livability rating, praising the Village's entertainment options, parks, schools and more.

County: Cook

Facilities:

Lease Information: Leased space $4,000/mth gross. Seller/landlord will provide a new 5-year lease with two 5-year options.

Property Information: One-story 7,547 sqft freestanding building. Real estate taxes $57,336.

Square Feet: 4,000.

Seating: 46 Inside & 24 At Bar.

Days/Hrs of Operation: Tu-Th 11a-8p, Fr-Sa 11a-9p, Su 11a-8p (Closed Mondays).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $75,000).

Value of Inventory: Not Included In Asking Price.

Number of Employees: 5.

Seller Financing Available: No.

Reason for Selling: Available.

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