For Sale

Popular Fast-Casual Breakfast & Lunch Spot Chicago, IL – Near Union Station & Ogilvie Transportation Center!

Near The Corner Of S Canal St & W Adams St

Chicago , IL

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Food Type: Breakfast & Lunch/Brunch, Cafe, Catering Company, Deli, Italian, Sandwich Shop

Service Type: Fast Casual

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $259,000

Gross Sales: $1,111,478

Net Operating Income: $70,010

Monthly Rent: $9,000

Lease Expiration: 07/2024

Lease Options: (Contact For)

Year Established: 2000

Owner Operated: Yes

Seller Financing: No

Summary:

A popular eatery specializing in fresh made-to-order sandwiches with only the finest Italian meats, cheeses and fixings on freshly baked bread baked. Along with tasty salads, soups, subs, paninis, personal pizzas, pasta and more. Plus, incredible breakfast sandwiches, muffins, bagels, croissants and more. And scrumptious desserts. Plus, coffee, juices, canned, bottled and fountain drinks. In addition to daily specials.

Simple operation - counter service. Serving breakfast and lunch. Dine-in or takeout plus 3rd party delivery. Also, huge catering business. Online ordering also available. Loyalty program. Shorter hours - weekdays only, no weekends!

Boasts a warm and inviting interior with large expansive windows and ample seating.

Well established over 24 years. Independent - no royalty, advertising or transfer fees. Family owned and operated. Plus, wonderful long-term staff in place.

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: http://www.arturoexpress.com

Competition:

Top notch. An old-world Italian delicatessen. An outstanding Italian café. Classic Chicago sandwich shop. An awesome quick service restaurant. Exceptional food. Nice variety. High quality ingredients. Best sandwiches around. Homemade pastas. Everything freshly made in store daily. Excellent daily specials. Customized catering - perfect for both business meetings and private parties. Plus, a super friendly and efficient staff.

Growth and Expansion:

Downtown favorite. Area gem. A staple in the community. One of the best breakfast/lunch spots in the Loop. A must visit in the West Loop. The go-to spot for a quick bite. Tons of regulars-residents, coworkers, commuters & visitors.

Rated 5.0 Facebook, 4.7 Google, 4.5 TripAdvisor, 4.1 Yelp & more. Highly rated & recommended, great name/reputation to continue to build upon for another 25 years. Plus, more & more workers continue to return to work in the surrounding offices.

And huge opportunity to add social media to increase sales even further!

Location:

Prime retail space in the sought-after West Loop of downtown Chicago near the corner of S Canal St and W Adams St. Walking distance from Union Station and Ogilvie Transportation Center, as well as an easy walk from many workplaces and high-rise residential buildings. Also, close to Willis Tower.

Boasts great signage, visibility and access. Perfectly situated in a dense commercial and residential area of the loop with more new buildings going up in the neighborhood!

County: Cook

Facilities:

Lease Information: Leased space $9,000/mth gross. Current lease expires Jul 2024. Landlord willing to extend the lease.

Square Feet: 2,400.

Seating: 80.

Days/Hrs of Operation: Mo-Fr 6a-3p (Closed Sa-Su).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $150,000).

Value of Inventory: $7,000 (Not Included In Asking Price).

Number of Employees: 9.

Support/Training: Open to discuss.

Seller Financing Available: No, but there is a $150,000 assumable SBA loan available for a qualified buyer.

Reason for Selling: Family illness.

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