For Sale

High-Volume Longstanding Neighborhood Fast-Food Restaurant – North Side of Chicago!

Freestanding Building With Its Own Parking Lot

Chicago, IL

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Food Type: Beef/Burgers/Gyros/Hot Dog Joint, Breakfast & Lunch/Brunch, Greek/Mediterranean, Grill, Sandwich Shop

Service Type: Fast Food

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $140,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $4,128

Lease Expiration: 10/2027

Lease Options: One 5-Year Option

Year Established: 1982.

Owner Operated: Yes

Seller Financing: No

Summary:

Offering breakfast all day including eggs, omelets, pancakes, sandwiches and French toast, along with Chicago-style hot dogs, polish, burgers, chicken or fish sandwiches. As well as Mediterranean appetizers, gyros, kabobs, wraps, bowls and dinner plates. Plus, fresh salads and sides. And Pepsi products to drink.

Simple operation - counter service. Serving breakfast, lunch and dinner. Dine-in, takeout, pickup or in-house delivery to businesses and homes, plus, catering. Online ordering also available.

Nicely updated interior. Open kitchen. Fenced-in patio out front.

Fully equipped. Kitchen features a large hood, 6-burner stove w/oven, 4ft flat top, 3ft char grill, 2 fryers, 2 gyros machines, 2 well-steamers, 3-well steam table, 2-door sandwich unit, slicer, undercounter cooler, chest freezer, ice machine and more. Plus, basement with walk-in cooler/freezer, prep area and storage.

Well established restaurant location for over 42 years! Current owners Dec 2022. Asset sale - all furniture, fixtures and equipment (FF&E) included. Independent - no royalty, advertising or transfer fees. Family owned and operated. Turnkey - two long-time cooks in place. Currently averaging $1,500 a day in sales!

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:

Wonderful breakfast specialties. Chicago-style favorites. Mouthwatering Mediterranean dishes. Amazing comfort food. Fast and delicious. The freshest food. Something for everyone. Everything freshly prepared and cooked just right. Wonderful staff. Known for their delicious food and friendly service.

Growth and Expansion:

Local favorite. Long standing restaurant. Great neighborhood joint. Area gem. Beloved fixture in the community. Ideal spot. The “go-to” place for something fast and good. Popular for breakfast, lunch and dinner. Tons of regulars for generations!

Location:

Prime corner retail space in a freestanding building. Boasts great signage, visibility, access and parking (own parking lot + street parking). On Cicero Ave north of Peterson. Perfectly situated just off the I-94 Edens Expressway interchange. Steady stream of vehicle and foot traffic. Surrounded by a dense area of many businesses and homes!

Located in the beautiful Forest Glen community on the north side of Chicago. Serving the neighborhoods of Lincolnwood, Forest Glen, Edgebrook, Old Edgebrook, South Edgebrook, Sauganash and more.

County: Cook

Facilities:

Lease Information: Leased space $4,128/mth gross. Current lease expires Oct 2027 with one 5-year option.

Square Feet: 1,500 + Basement.

Seating: 28 Inside & 16 Outside.

Days/Hrs of Operation: Mo-Sa 7a-8p (Closed Sundays).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $50,000).

Value of Inventory: $5,000 (Not Included In Asking Price).

Number of Employees: 4.

Support/Training: Negotiable on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Wants to buy a business closer to home.

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