For Sale

High-Volume Longstanding Breakfast & Lunch Restaurant w/Property – Sales $1.5 Million!

Long Established Over 50 Years And 38 Years At This Location

Far South Suburb of Chicago, IL

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Food Type: American, Breakfast & Brunch/Lunch, Diner

Service Type: Full Service

Business Type: Independent

Sale Type: Business With Property

Asking Price: $1,200,000

Gross Sales: $1,496,582

Net Operating Income: $264,523

Monthly Rent: $(Property Included)

Lease Expiration: (Property Included)

Lease Options: (Property Included)

Year Established: 1988

Owner Operated: Yes

Seller Financing: No

Summary:

A classic diner offering all-day breakfast favorites including hearty egg plates, signature skillets, savory benedicts and oversized omelets, in addition to fluffy pancakes, golden waffles, creative crepes, decadent French toast, plus other traditional comfort dishes. As well as fresh salads, deluxe sandwiches/wraps, black angus burgers, marvelous melts, flavorful gyros and other delicious homestyle entrees. Plus, kids’ menu.

Full-service restaurant. Dine-in, carryout, pickup and 3rd party delivery. Online ordering is also available.

Features a spacious dining room with ample counter, table and booth seating. Plus, a large wait station and large fully equipped commercial kitchen with high-end equipment. Set up for high volumes!

Long established over 50 years and 38 years at this location. Independent - no royalty, advertising or transfer fees. Family owned and operated. The restaurant has maintained consistent sales for over 30 years!

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 Ted Aretos at Ted@eatz-associates.com or call 815-761-8334 for more information. Showings by appointment only outside of business hours.

Competition:

Classic Midwest diner. A top choice in the area. A beloved dining destination for locals and visitors alike. Offers a wide variety of delectable breakfast and lunch items all made with quality ingredients. Also, a go-to family dining spot. Cozy atmosphere. Warm and welcoming ambiance. Attentive staff. Well known for their great food, relaxed setting and exceptionally good service.

Highly rated and recommended, solid reputation to continue to build upon!

Growth and Expansion:

Long time local favorite. A standout breakfast and lunch spot. Institution in the neighborhood. Staple in the community. More than just a place to eat-it's a community hub/gathering place. Area gem. Incredible name recognition. A family tradition. Loyal multi-generational customer base. Benefits from both neighborhood dining and commuter traffic. Popular with families, retirees, local workers and commuters. Boasts steady weekday and weekend traffic.

Restaurants with this level of history and recognition are extremely difficult to replicate!

Location:

Prime corner retail space in a freestanding building at a busy signalized intersection in the heart of this far south suburb’s primary commercial corridor. Boasts prominent signage, exceptional visibility, easy access and ample parking.

Perfectly situated on one of the area’s most heavily traveled commercial routes with constant daily traffic. Also, a primary north-south artery that benefits from steady commuter traffic and strong local draw.

Surrounded by dense residential neighborhoods, multiple schools, community institutions, professional services, retail centers and other long-time businesses.

County: Cook

Facilities:

Property Information: 4,000 sqft one-story well-maintained freestanding building with a dedicated parking lot and tall pylon sign. Built in 1960. On a large 1.23 acre corner lot (53,706 sqft). Real estate taxes $42,000 a year.

Square Feet: 4,000.

Seating: 137 Inside (Can Seat Up To 150).

Days/Hrs of Operation: Daily 6a-2:30p (No Late Nights).

Owners Role: Owner operated - supervisory (owner’s son oversees the operation) with a highly experienced staff in place.

Real Estate: Owned.

Value of FF&E: Included In Asking Price (Valued at $150,000).

Value of Inventory: $15,000 (Not Included In Asking Price).

Number of Employees: 15.

Support/Training: Negotiable on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Retiring.

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