For Sale

Longstanding Pizzeria & Italian Restaurant w/Gaming Niles, IL – 46 Years!

THE ORIGINAL Nancy’s Pizza - Keep It An Independent Restaurant Or Join the Nancy’s Pizza Franchise Or Bring Your Own Concept To This Idea Location

Niles , IL

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Food Type: Italian, Liquor License, Pizza Place, Video Gaming

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $299,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $8,225

Lease Expiration: 08/2029

Lease Options: (Contact For)

Year Established: 1978

Owner Operated: Yes

Seller Financing: No

Summary:

Famous for their mouthwatering Chicago-style stuffed pizza as well as outstanding thin and pan pies. Along with delicious munchies, soups, salads, sandwiches, pasta, dinners, desserts, and more. Plus, daily specials.

THE INVENTOR of the stuffed pizza! Their amazing stuffed pizza is 2 1/2 inches high and features 2 layers of crust stuffed with cheese and toppings, then covered with their perfectly spiced sauce. Also, an award-winning pizza! Has consistently earned the honor of "Chicago’s Best Pizza" from 1975 and continues to hold that title today.

Well known for the highest quality and freshness. Dough is made from scratch daily together with their original pizza sauce from plum tomatoes, picked, hand sorted, peeled & put into cans within 6 hrs of coming off the vine. Their spices are imported from all over the world and they offer a total of 27 toppings - something for everyone. And their homecooked Italian specialties are the best!

Full-service restaurant. Open for lunch & dinner. Dine-in, carryout & pickup. Plus, in-house & 3rd party delivery. And huge catering business.

Classic Italian restaurant atmosphere. Interior features beautiful brick walls. Large wait station. Two separate dining areas (one can be used as a party room). And ample seating at both booths and tables. Known for their exceptional food, wonderful service and cozy atmosphere.

Also, a great place to hit the jackpot. Semi-private gaming area with 6 video gaming machines plus ATM. 2022 gaming revenue $153,066 and 2023 gaming revenue $117,522. Great opportunity to get that gaming back up to its previous levels!

Currently 2 beers on tap. Full liquor license!

Fully equipped kitchen features a large hood, two stacked double-deck pizza ovens, 12-burner stove w/2 ovens, deep fryer, 4-well steam table, meat slicer, dough mixer & roller, three 2-door refrigerated prep tables, walk-in cooler, two double-door reach-in freezers, keg cooler, ice machine and much more.

Well established pizzeria for over 46 years. Asset sale - all furniture, fixtures & equipment (FF&E) included. Family owned and operated. No Financials. 2023 sales approx $500,000.

THE ORIGINAL Nancy’s Pizza! Can keep it an independent restaurant, recipes included, but must change the name. Or keep the name and join the Nancy's Pizza franchise, but will need to remodel, go to training and pay royalties/ad fees. (Because the owners sold the franchising rights in 1991 - currently not part of the franchise). Or bring your own concept to this ideal location!

Feel free to stop by the location as a customer 1st. 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://www.mynancyspizza.com

Competition:

The Right Stuffed-PMQ Pizza Magazine. America's Top Pizza Chains. Best Stuffed Pizza-Chicago Magazine (won x2). Major hit at Chicago Fest-Chicago Tribune. #1 Pizza-ABC-TV. 3 Top Stuffed Pizzas-Pat Bruno, Pizza Today. The Best Fettuccine Alfredo in Chicago-Chicago Tribune. Tastiest Pizza-Entertainment Publications. Top 10 Independents In The Pizza Industry-Pizza Today. 1st Place Best Pizza To Go-Chicago Tribune. The Best Pizza in Chicago-Chicago Magazine. Best By far Pizza Chicago and its Suburbs-Entertainment Publications City & more!

Growth and Expansion:

Longtime local favorite. Longstanding pizzeria and Italian restaurant. A Chicagoland icon. Best pizzeria in town. The “go-to” pizza place in the area. Beloved staple in the community. Neighborhood gem. A nostalgic spot for gathering with family and friends. Tons of regulars for generations!

Location, location, location! Customers come from near and far!!

Rated 4.5 Google, 4.5 TripAdvisor, 4.5 Facebook, 4.1 Yelp and more. Highly rated & recommended, great reputation to continue to build upon. And get a piece of the thriving 46-billion-dollar pizza industry.

Location:

Prime retail space in Greenwood Center, a busy strip center along with Dental Care, Sariling Atin, Smart Wash Laundry and more. Boasts great signage, visibility, access and parking.

Perfectly situated at the intersection of Golf Rd (Rte 58), N Milwaukee Ave (Rte 21) and Greenwood Ave, 3 major thoroughfares just off the I-294 interchange with over 94,000 VPD.

Also across Golf Mill, a 1.1 million sqft shopping mall anchored by Burlington, JCPenney, Ross, Target, Value City Furniture and a 12-screen AMC movie theater along with 100 specialty stores, as well as a Gordon Food Service, XSport Fitness gym and a 9-story office tower home to many local businesses & medical offices. A growing center serving the nearby communities of Des Plaines, Park Ridge, Skokie, Glenview and Mt. Prospect that is currently undergoing a huge transformation to Golf Mill Town Center, an upscale outdoor lifestyle center.

And adjacent busy Golf Milwaukee Plaza with a Walmart Supercenter. Plus, surrounded by a dense residential area with a population of over 337,000 with an avg household income of over $127,000 within a 5-mile radius.

County: Cook

Facilities:

Lease Information: Leased space $8,225/mth gross. Current lease expires Aug 2029. Landlord will provide additional options.

Square Feet: 3,000.

Seating: 75.

Days/Hrs of Operation: We-Mo 11a-9p (Closed Tuesdays).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $20,000).

Value of Inventory: $2,000 (Not Included In Asking Price).

Number of Employees: 4 Full-Time & 4 Part-Time.

Support/Training: Owner is willing to assist the new owner until they are comfortable.

Seller Financing Available: No.

Reason for Selling: Retiring.

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