For Sale

I Heart Mac & Cheese Franchise Schaumburg, IL – Woodfield Mall’s Busy Food Court!

Simple Operation - Counter Service & No Hood, Fryers Or Grease

Schaumburg, IL

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Food Type: American, Sandwich Shop

Service Type: Fast Casual

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $295,000

Gross Sales: $749,332

Net Operating Income: $100,206

Monthly Rent: $10,500

Lease Expiration: 03/2030

Lease Options: (Contact For)

Year Established: 2019

Owner Operated: Yes

Seller Financing: No

Summary:

Specializing in customizable, made-to-order macaroni & cheese bowls made with a variety of bases including quinoa, broccoli, cauliflower, tater tots or cavatappi pasta topped with a variety of vegetables, cheeses, sauces, proteins and more. And amazing grilled cheese sandwiches and flatbreads. As well as delicious sides of mac bites, cheesy broccoli, tater tots, tomato soup and bag of chips. Plus, for dessert delectable cheesecake bites, dessert bars and fresh baked cookies. Also, kid’s meals.

Mac & cheese bowls include Classic, Buffalo Blue, Chicken Parmesan, Lobster & White Truffle, Short Rib Philly, Sweet & Spicy, Skinny and Build-Your-Own.

Grilled cheese sandwiches include Classic, The Best of Both Worlds, BLT (Bacon, Love Tomato), Cuban Grilled, Lobster & White Truffle and Build-Your-Own.

New signature flatbreads include Pepperoni Pizza, Short Rib Philly, Chicken Parm, BBQ Chicken and Build-Your-Own.

Offering over 11 vegetables, 9 cheeses and 10 proteins (including bacon, chicken, ham, lobster, pulled pork, short ribs and more). And choice of bread - sourdough, wheat and gluten free. Also, vegan and plant-based options.

And 8 signature sauces & dressings including their Signature Cheese Sauce, Sesame Ginger, Mango Habanero, Marinara, Buffalo, BBQ, Pesto and their Signature Vegan Cheese Sauce.

Simple operation - counter service. No hood, fryers or grease! Dine-in or carryout, plus catering trays.

Well established location for almost 4 years!

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.

Business Website: https://iheartmacandcheese.com

Competition:

Devoted to all things mac & cheese. Well-known for its custom build-your own macaroni & cheese bowls and grilled cheese sandwiches. Boasts perfectly made macaroni topped with high-quality, velvety cheese sauces and dressings. Also, offers a large variety of health-conscious options. Expansive menu - something for everyone. Plus, always thinking of creative ways to expand their menu which combines award-winning recipes resulting in a sophisticated approach to classic childhood favorites. Has earned a reputation for delicious, made-to-order food!

Growth and Expansion:

A popular new concept. A rapidly expanding national fast-casual franchise. Founded in South Florida in 2017, currently 93 locations in 27 states across the U.S. with almost 100 additional locations sold/prepping to open in 2024 and 2025!

Also, noted by Entrepreneur magazine as a “Top 100 Best Growing Franchise” and in the 2021 “Top Food Franchise Ranking: The Best of Miscellaneous Quick Service Restaurant” List!

Location:

Premium retail space in Woodfield Mall, Chicagoland’s go-to shopping, dining and entertainment destination. Perfectly situated at the highly trafficked intersection of Golf and Meacham Roads with over 81,000 vehicles per day. Also, enjoys easy access from Route 53, I-90 and I-290!

Located just 40 minutes west of Chicago, Woodfield is an upscale, super-regional enclosed shopping mall which is one of the largest shopping destinations in the United States, the largest shopping center in the Chicagoland area and has the finest collection of department stores and specialty shops in the Great Lakes region. Boasts over 27 million visitors a year - the #1 visitor destination in Illinois!

As an iconic destination, Woodfield features more than 2 million square feet of retail space with nearly 300 sought-after stores, specialty shops, restaurants and family-friendly amenities. It’s anchored by 3 prominent department stores Nordstrom, Macy's and JCPenney as well as some of the best brands such as Apple, Anthropologie, BOSS, A/X Armani Exchange, H&M, lululemon, MAC Cosmetics, Michael Kors, Zara and much more.

Also, Woodfield Mall has an expansive list of dining options ranging from 8 full-service restaurants including Texas de Brazil, P.F. Chang’s, Red Robin, The Cheesecake Factory, Uncle Julio's and over 30 fast-casual selections throughout the mall. In addition to their recently added world-class Dining Pavilion (food court), offering 12 eateries featuring an array of dining choices including this I Heart Mac & Cheese along with Ahi Poke, Blaze Pizza, Burger King, Charleys Philly Steaks, Chipotle Mexican Grill, Falafill East Mediterranean Kitchen, Pho Café, Popeye’s Chicken, Stan’s Donuts & Coffee, Suki Hana and Wok A Holic.

Plus, Woodfield offers a unique mix of entertainment options for all ages with Enterrium, YuKids Island, Peppa Pig World of Play and The Improv Comedy Club.

County: Cook

Facilities:

Lease Information: Leased space $10,500/mth gross (also includes utilities). Current lease expires Mar 2030.

Square Feet: 842.

Seating: Food court.

Days/Hrs of Operation: Daily 11a-7:30p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $225,000).

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

Number of Employees: 2 Full-Time & 6 Part-Time.

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

Seller Financing Available: No.

Reason for Selling: Other interests.

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