The Town Recently Passed Gaming - Can Now Add Video Poker Machines
Chicago Far North Suburb, IL
Asking Price: $99,000
Gross Sales: $1,200,000
Net Operating Income: $(Asset Sale)
Monthly Rent: $13,000
Lease Expiration: 08/2038
Options: (Option To Renew)
Year Established: Aug 2021
Owner Operated: Yes
Seller Financing: No
Food Type: Breakfast & Lunch/Brunch, Cafe, Diner
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

Serving a delicious menu of eggs, skillets, scramblers, omelets, benedicts, oatmeals, parfaits, pancakes, crepes, French toast and more. As well as amazing sandwiches, quesadillas, salads, soups and more. Plus, exceptional weekly specials.

Full service. Breakfast, lunch and brunch. Dine-in or carryout.

Beautifully appointed interior. Clean and bright. Huge professional kitchen and prep area. Spacious dining rooms. Separate bar area with additional seating for 40 - could be used as a coffee and juice bar. Building also features a 2nd floor with coolers, additional dry storage and an office.

Established almost 1 year. Completely remodeled in 2021 (was a Jimmy’s Charhouse). Independent, no royalty, advertising or transfer fees. Family owned and operated. Fully equipped. Turnkey!

Sales continue to grow each month it’s open. Sales are currently averaging $100,000 a month! Newer restaurant - limited financials - can provide POS reports.

Keep the current concept or make it your own!

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

County: Lake
Location:

Prime retail space in a striking freestanding building overlooking a lovely pond in an out lot of busy neighborhood plaza on a main thoroughfare with over 30,000 vehicles per day.

Perfectly situated in an affluent far north suburb about 24 miles N of the Loop. Named one of the best places to live in Illinois!

Real Estate: Leased
Facilities:

Leased space $13,000/mth gross. Current lease expires Aug 2038. Free rent until Aug 2022 and after that one free month of rent each year! Square Feet: 6,400. Seating: 228 (188 + 40 Counter). Days/Hrs of Operation: Daily 7a-2p (Shorter Hours - No Late Nights!).

Number of Employees: 18
Support/Training: Negotiable on-site comprehensive training.
Value of FF&E: Included In Asking Price (Valued at $150,000)
Value of Inventory: $7,500 (Not Included In Asking Price)
Competition:

A renowned breakfast and lunch café. Mouth watering food. Signature dishes. Unique culinary delights. Fresh and creative menu. An incredible collection of dishes, sandwiches, salads, soups and parfaits. Homemade dressings. Quality eats. Phenomenal coffee. Uses only the freshest and finest ingredients. Excellent food and impeccable service. All cooked to perfection. Everything served fresh, hot and quickly. Very friendly, prompt and courteous staff. Known for their first-class hospitality!

High profile location. Big space. Warm and welcoming atmosphere. Boasts great signage, visibility, access, parking and high traffic counts.

One of the best breakfast spots in the area. Rated 5.0 stars Yelp, 4.4 Google and more.

Growth and Expansion:

Already a local favorite. A must try. Area gem. The new “go-to” breakfast spot. Tons of regulars. Highly rated and recommended, great reputation to build upon.

Can also get a liquor license and serve breakfast cocktails. Plus, the town recently passed gaming, can now add video poker machines for additional revenue. Tons of upside potential!

Seller Financing Available: No
Reason For Selling: Family health issues.