Average Weekly Sales $20,000 With Just Being Open 4 Days A Week
Chicago, IL
Asking Price: $75,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $8,300
Lease Expiration: 11/2022
Options: Two 5-Year Options
Year Established: 2015.
Owner Operated: Yes
Seller Financing: No
Food Type: Any, Beer & Wine, Breakfast & Lunch/Brunch, Cafe
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

A popular rustic-chic, daytime eatery with a modern American breakfast, lunch and brunch menu. Along with espresso drinks, cocktails, wine, bubbles, beer, cider and more.

Full service. Dine-in, takeout and delivery.

Fully-equipped with all newer equipment. Quality modern build-out. Casual yet elegant interior. Sidewalk patio. Ample street and lot parking.

High profile location. A main intersection. HOT corner. Great area. Walker’s paradise. Excellent demographics - within 1 mile $125,000 average household income and $431,000 medium home value.

Well established for over 7 years. Independent. Owner operated - general manager. Average weekly sales $20,000 with just being open 4 days a week!

Asset sale - name, recipes and all furniture, fixtures & equipment (FF&E) included. Keep the current concept or make it your own at this ideal location!

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 owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime corner retail space in a gorgeous freestanding building at a highly trafficked intersection (a HOT corner) in Chicago’s popular Lakeview neighborhood. A thriving sought after community on the northside of Chicago. Made up of a dense commercial and residential area with over 100,000 residents. The largest neighborhood in Chicago in terms of population. Has been named by Money Magazine as #3 of its top 10 big-city neighborhoods for its selection of “Best Places To Live”!

Real Estate: Leased
Facilities:

Lease Information: Leased space $8,300/mth gross. Current lease expires Nov 2022 with two 5-year options. Square Feet: 2,000. Seating: 50 Inside & 25 Outside. Days/Hrs of Operation: Fr-Mo 9a-3p (Closed Tu-Th).

Number of Employees: 6.
Support/Training: Negotiable # of weeks of on-site comprehensive training.
Value of FF&E: Included In Asking Price (Valued at $89,000).
Value of Inventory: $5,000 (Not Included In Asking Price).
Competition:

Chef inspired dishes. A creative twist on classics. An eclectic globally inspired menu. Dishes rooted in tradition. Everything made-by-hand & beautifully presented. Only uses the highest freshest quality products. Excellent coffee & freshly squeezed juice. Outstanding food, exceptional cocktails, incredible service & divine atmosphere. Stylish, yet rustic interior. Wonderful ambiance-cool vibe.

1,000’s of rave reviews: amazing, delightful, delish, fantastic, flavorful, mouthwatering, phenomenal, superb, unbelievable, wonderful & so much more.

Growth and Expansion:

Local favorite hands down. Area gem. A “go-to” spot in Lakeview East. The place to visit. Best food in the neighborhood. Outstanding breakfast. Best brunch in town. 1 of the best breakfast places. #1 brunch spot in the area. Named 1 of the 31 Best Restaurants For Breakfast in Chicago. Tons of regulars!

Rated 4.5 Google, 4.5 TripAdvisor, 4.4 Facebook & 4.0 Yelp. Highly rated and recommended, great reputation to continue to build upon.

Currently open just 4 days a week - can easily expand hours. Lots of upside potential for a new owner!

Seller Financing Available: No.
Reason For Selling: More time with family.