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Long-Established Papa Saverio’s Lake In The Hills, IL – On Randall Rd!

A Staple In The Community For Over 27 Years

Lake In The Hills, IL

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Food Type: Italian, Pizza Place

Service Type: Fast Food

Business Type: Franchise

Sale Type: Asset Sale

Asking Price: $

Gross Sales: $

Net Operating Income: $

Monthly Rent: $

Lease Expiration:

Lease Options:

Year Established: 1998 (Current Owner 2018)

Owner Operated: N/A

Seller Financing: N/A

Summary:

A recognized brand with broad menu appeal. Offering amazing thin, pan, stuffed, double-dough and deep-dish Chicago-style pizzas, along with delicious pasta, calzones, Italian beef, burgers, dogs, ribs, chicken, wraps, sandwiches, salads, wings, appetizers, desserts and beverages.

Simple operation - counter service. No seating - carryout, pickup and in-house delivery, plus catering. Online ordering also available. And a rewards program. Also catering packages, a la carte or create your own buffet for parties, meetings and special events. Plus, a variety of lunchtime pizza by the slice.

Its fully equipped kitchen features a large hood, rotating pizza oven, walk-in cooler, arrow touchscreen POS system and much more.

Well established franchise location for over 27 years. And with the current owner 7 years. Asset sale - all furniture, fixtures and equipment (FF&E) included.

Competition:

“ The Pizza You’ll Fall in Love With.” Known for providing amazing Chicago style pizzas, pasta, sandwiches & authentic Italian fare for over 27yrs. Their one-of-a-kind family recipes originated in Italy & have become a tradition of quality for 5 generations. Fresh ingredients & proprietary recipes. High quality service. Proven systems. Stands out from the competition. Great support system. The key components to their brand: keep it simple - limited & focused inventory, honest great tasting food and committed to making the world’s greatest pizza.

Growth and Expansion:

Local favorite. Staple in the community. Loyal customer base. Lots of regulars. Huge catering business. Multiple revenue streams: carryout, pickup, delivery and catering. Still more potential for growth!

An established brand & location for over 27 years. Has an authenticity that people know & respect. First restaurant opened in 1997, currently over 14 franchised locations in the greater Chicago area.

And pizza is still 1 of the fastest growing areas in the food industry today. Get your piece of the thriving $46+ billion-dollar pizza industry.

Location:

Prime retail space in Acorn Plaza, along with Acorn Cleaners, LITH Liquor, Wine & Tobacco, Famous Fadez, Rush Physical Therapy, TVMA Taekwondo Academy and Ziegler’s Ace. Boasts great signage, high visibility, easy access, ample parking and very high traffic counts!

Strategically positioned on a major artery with over 40,000 vehicles per day - known for being lined with retailers and restaurants for nearly its entire length including many large shopping centers. Located near AMC Lake In The Hills 12, Burlington, Butera, Costco, JCPenney, Jewel-Osco, HomeGoods, Kohl’s, Lowe’s Home Improvement, Meijer, Michaels, Petco, Target, The Home Depot, T.J.Maxx, Walgreens, a Walmart Supercenter and so much more. As well as close to schools, churches, golf courses, offices, hospitals and homes.

Perfectly placed within a high-income trade area with strong demographics - median household income exceeding $131,000. Also, a well-populated residential area of over 9,000 residents within 1 mile and over 64,000 residents within 3 miles. Plus, a growing area where new retail and residential developments continue to pop up!

County: McHenry

Facilities:

Square Feet: 1,400.

Seating: 0.

Days/Hrs of Operation: Mo-Th 11a-8p, Fr-Sa 11a-9p, Su 3p-9p.

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