Under Contract

High-Volume Well-Established Pizzeria Popular Southwest Suburb of Chicago – Sales Over $1.5 Million!

Near A High-Traffic Retail Intersection With Over 65,000 VPD & Across A Busy Plaza That Draws 1.9 Million Visits Per Year

Southwest Suburb of Chicago, IL

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Food Type: Bar/Pub/Tavern/Lounge, Italian, Liquor License, Pizza Place, Video Gaming

Service Type: Full Service

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $539,000

Gross Sales: $1,552,113

Net Operating Income: $197,686

Monthly Rent: $10,066

Lease Expiration: 12/2024

Lease Options: One 5-Year Option

Year Established: 1975

Owner Operated: Yes

Seller Financing: No

Summary:

A family pizzeria serving authentic Chicago-style pizza in a warm and inviting atmosphere. Offering delicious specialty, calabrese, thin, stuffed, thick and gluten free crust pizzas, along with a wide variety of tasty appetizers, fresh salads, toasted sandwiches and homemade pastas, plus mouthwatering desserts.

Full service. Dine in, carryout and delivery, plus catering. Enclosed wait area with seating. Two dining rooms. Also, a full bar with 4 beers on tap, beer coolers, additional seating, TVs to watch all the games and a private area with 6 video gaming machines. Plus, a separate carryout entrance!

Recently remodeled. Interior features vaulted ceilings, warm woods and a beautiful brick fireplace. Ample new seating at the bar, tables and booths. Fully equipped kitchen with lots of new equipment. Plus, a basement with coolers, storage and a prep area.

Well established location for over 48 years! And with the current owner 23 years!! Family owned and operated. Must complete an NDA prior to disclosing any detailed information.

This is a HIGHLY confidential listing. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Competition:

One of the most beloved pizzerias in the Chicagoland area. Huge name recognition. Well known for their famous pies, homemade pastas and traditional Italian dishes. High quality food with the freshest ingredients. And exceptional service. Also gives back to the communities it serves. Highly rated and recommended, great reputation to continue to build upon!

Growth and Expansion:

One of the oldest Chicago pizza franchises. First pizzeria opened in 1959, began franchising in 1974. A renowned family pizza chain located primarily in the Midwest, currently 38 locations in 6 states. The chain boasts over 43,000 fans on Facebook!

Location:

Prime retail space in a striking freestanding building with great signage, visibility, access and parking. Perfectly situated near a high-traffic retail intersection with over 65,000 vehicles per day. Across from a busy plaza that draws an average of 1.9 million visits per year. And surrounded by a dense population of over 200,000 with an average household income of more than $93,000 within a 5-mile radius.

Located in a popular southwest suburb selected by BusinessWeek as one of the best places to raise a family in America with its leading entertainment venues, thriving business community, top-rated schools and ideal location. It has the perfect balance of small-town charm and big-city amenities.

County: Cook

Facilities:

Lease Information: Leased space $10,066/mth gross. Current lease expires Dec 2024 with one 5-year option.

Square Feet: 4,000 + Basement.

Seating: 135 (10 Bar Stools).

Days/Hrs of Operation: Daily 11a-10p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $200,000).

Value of Inventory: $20,000 (Not Included In Asking Price).

Number of Employees: 6 Full-Time & 17 Part-Time.

Support/Training: One week on-site comprehensive training by the franchisor.

Seller Financing Available: No.

Reason for Selling: Retiring.

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