Average Weekly Sales $20,000 Open Just 4 Days A Week
Chicago, IL
Asking Price: $99,000
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 globally accented, modern American breakfast, lunch and brunch fare. 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.

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 FF&E (furniture, fixtures & equipment) 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:

Leased space $8,300/mth gross. Current lease expires in 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. Offering an eclectic globally inspired menu. Dishes rooted in tradition. Everything made by hand and beautifully presented. Only uses the highest and freshest quality products. Excellent coffee and freshly squeezed juice. Outstanding food, exceptional cocktails, incredible service and devine atmosphere. Stylish, sleek yet rustic interior. Wonderful ambiance. Cool vibe.

1,000’s of rave reviews - amazing, creative, delightful, delish, fantastic, flavorful, mouthwatering, phenomenal, superb, top notch, unbelievable, wonderful, wow and so much more.

Rated 4.5 stars Google, 4.5 TripAdvisor, 4.4 Facebook and 4.0 Yelp.

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

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 place for breakfast. Best brunch in town. Brunch taken to a whole new level. One of the best breakfast places ever. Number one brunch spot in the area. Named 1 of the 31 Best Restaurants For A Weekday Breakfast in Chicago. Tons of regulars. Loved by so many. 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.