Listings

Summary:

Purchase a beautifully appointed, fully equipped restaurant in a desirable Lake County suburb of Chicago for just $99,000!

Located in a busy, established shopping center along a major commercial corridor, this restaurant offers an attractive, recently updated interior, extensive commercial kitchen, outdoor patio and excellent visibility.

Whether you're an experienced restaurant operator looking to expand or an entrepreneur ready to open your first location, this is an opportunity to save considerable time and money compared to building a restaurant from scratch!

Beautiful Modern Build-Out

Built-out in 2024, the restaurant features a warm, inviting atmosphere with contemporary Japanese-inspired décor, attractive wood furnishings, decorative lighting, a large communal dining table and comfortable seating arrangements for individuals, families and groups. Large storefront windows provide natural light, while its prime corner location offers excellent exposure. Plus, a small outdoor patio provides additional seating during warmer months.

Extensive Commercial Kitchen

Its fully equipped commercial kitchen is a major highlight, featuring a large exhaust hood with fire suppression, gas cooking equipment, noodle boiler, wok stations, fryer, refrigerated prep tables, multiple reach-in refrigerators, freezers, stainless steel workstations, shelving and much more. The restaurant also features an attractive service counter, beverage equipment, POS hardware and security cameras.

Much of the expensive restaurant infrastructure is already in place, allowing a buyer to focus on creating their own brand, menu and customer following rather than undertaking an extensive buildout.

Keep A Similar Concept Or Bring Your Concept Here

Offered at just $99,000, this is an excellent opportunity to acquire a fully equipped restaurant with an attractive interior, extensive commercial kitchen and desirable suburban location without the substantial investment typically required for a new restaurant buildout.

The sale includes the build-out and seller-owned furniture, fixtures and equipment (FF&E). A buyer will need to bring their own brand and concept, subject to lease restrictions and landlord approval.

This is a HIGHLY confidential listings. 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:

The Chicago suburbs continue to offer opportunities for distinctive, convenient dining concepts, particularly in established communities where residents value quality food, accessibility and variety.

This location benefits from its position within an active retail center, visibility along a major thoroughfare and proximity to surrounding neighborhoods and businesses.

Its existing restaurant configuration is especially well suited for ramen, noodles, rice bowls and other Asian-inspired concepts, while other restaurant uses may be considered with landlord approval.

The combination of an attractive dining environment, extensive kitchen equipment and convenient parking provides a strong foundation for a new operator.

Growth and Expansion:

A new owner has the opportunity to introduce their own restaurant identity and build on the location's existing infrastructure.

Potential sales opportunities include:
- Expanding lunch/dinner specials & family meals
- Also offering beer & wine like the current owner
- Increasing online ordering & 3rd-party delivery
- Offering catering to nearby businesses & schools
- Introducing a loyalty program
- Enhancing social media marketing & local community partnerships

The existing patio also provides an opportunity for seasonal outdoor dining, while beer and wine service may offer additional revenue potential with appropriate licensing.

An experienced operator could also explore new menu offerings, promotions and special events to attract repeat customers and build a loyal following.

Location:

Prime Location

Situated in a well-established, renovated shopping center in Lake County, this restaurant enjoys a prominent corner position along heavily traveled Route 45, with excellent storefront visibility, convenient access and ample shared parking.

This busy center features a complementary mix of restaurants, a popular neighborhood taproom, liquor retailer, national coffee chain and service businesses that help attract customers throughout the day.

And the surrounding area offers an appealing combination of established residential neighborhoods, retail shopping, local businesses, schools and commuter traffic.

Nearby downtown amenities and Metra rail service further contribute to the area's accessibility. The surrounding community benefits from strong household incomes and a substantial residential customer base, providing an attractive market for lunch, dinner, takeout and delivery.

Location Highlights

- 32,290 sqft shopping center
- Renovated in 2016 for $1.5M
- 120 parking spaces
- Prominent corner location
- 402 ft of Route 45 frontage
- Over 22,371 VPD on Route 45
- Near its downtown & the Metra station
- Strong surrounding residential market
- 12,591 residents within 1 mile, 62,985 within 3 miles & 113,956 within 5 miles, with median HHI of $107,372, $122,418 & $123,792, respectively

County: Lake

Facilities:

Lease Information: Leased space $4,887/mth gross. Current lease expires Oct 2028 with one 5-year option.

Square Feet: 2,304.

Seating: 60 Inside + Patio.

Days/Hrs of Operation: Daily 11a-10p.

Owners Role: Absentee multi-unit owner - store leader runs the operation day-to-day.

Real Estate: Leased.

Value of FF&E: Included In Asking Price.

Value of Inventory: Not Included In Asking Price.

Number of Employees: 1 Full-Time & 7 Part-Time.

Support/Training: N/A.

Seller Financing Available: No.

Reason for Selling: Pursuing other ventures.