For Sale

High-Volume Well-Established Italian Restaurant/Pizzeria With Property – Near North Suburb of Chicago!

Well Established Over 21 Years - Training & All Recipes Included

North Suburb of Chicago, IL

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Food Type: Italian, Liquor License, Pizza Place

Service Type: Full Service

Business Type: Independent

Sale Type: Business With Property

Asking Price: $1,275,000

Gross Sales: $1,518,283

Net Operating Income: $156,283

Monthly Rent: $(Property Included)

Lease Expiration: (Property Included)

Lease Options: (Property Included)

Year Established: 2003

Owner Operated: Yes

Seller Financing: No

Summary:

Featuring a menu of fresh, seasonal rustic Italian cuisine and amazing pizza with an impressive wine list. Offering delicious appetizers, homemade soups, pasta, chicken & seafood specialties, veal dishes, sandwiches, thin-crust pizzas, sides and desserts. Along with an incredible gluten free menu!

Full-service restaurant with a full-service bar. Dine-in, carryout, pickup and in-house delivery, plus catering. Online ordering also available. Currently only open for dinner.

Remodeled in 2021. Warm and inviting interior. Ample seating in two dining rooms, plus a beautiful private all-season banquet room. Also, a convenient carryout area.

Boasts 3 kitchens with 4 walk-in coolers/freezers: a main kitchen, a separate gluten free kitchen and a 2nd floor prep kitchen with exhaust hood, walk-in cooler/freezer and more!

Well established over 21 years. Current owner over 3 yearsIndependent - no royalty, advertising or transfer fee. Training and all recipes included. Owner operated.

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 outside of business hours.

Competition:

Specializing in gourmet Italian cuisine and fantastic thin-crust pizza. Authentic Italian dishes. Everything fresh and delicious. Plus, a vast array of gluten options. A pioneer/leader in gluten free Italian foods! Also, known for their attentive service and fast hot delivery.

What customers are saying: awesome, fabulous, exceptional, excellent, outstanding, phenomenal, wonderful and so much more!

Featured In Chicago Tribune, The Chicago Magazine, USA Today, The Hungry Hound and Check Please!

Growth and Expansion:

Local favorite. Great neighborhood place. Staple in the community. Area gem. THE place for Italian. And THE place for gluten free Italian. A must try. Best Italian and pizza around. Also, huge carryout/delivery and catering business.

Rated 4.6 Google, 4.5 TripAdvisor, 4.4 Facebook, 4.0 Yelp and more. Highly rated & recommended, great long-time reputation to continue to build upon!

For additional revenue can expand business hours to include lunch. Can also add gaming.

Location:

Prime retail space in a freestanding building with convenient shared municipal parking in the rear. On a busy avenue with high traffic counts near a major intersection. Adjacent to a barber shop, bar & grill and busy Starbucks. And across two plazas. Plus, walking distance to the Metra station!

Also, surrounded by a very dense residential area!

County: Cook

Facilities:

Property Information: One and part two-story commercial building. Built in 1963. On .07 lot. Plenty of free parking from the village. 2022 real estate taxes $52,000.

Square Feet: 6,000.

Seating: 180.

Days/Hrs of Operation: Su-Th 3p-9p & Fr-Sa 3p-10p (Closed Mondays).

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: 25 (6 Cooks, 3 Dishwashers, 4 Cashiers, 4 Servers, 2 Bussers & 6 Drivers).

Support/Training: Two weeks on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other interests.

Longstanding Pizzeria & Italian Restaurant w/Gaming Niles, IL - 46 Years!
Fully-Equipped Restaurant & Bar - Chicago’s Sought-After Edgewater Neighborhood!