Under Contract

Popular Fast-Casual Seafood Place w/Gaming St. Charles, IL – Freestanding Building On Main St (Route 64)!

Keep Chums Shrimp Shack Or Bring Your Own Concept To This Ideal Location

St. Charles, IL

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Food Type: Any, Beer & Wine, Seafood Place, Video Gaming

Service Type: Fast Casual

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $99,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $3,870

Lease Expiration: 08/2024

Lease Options: One 5-Year Option

Year Established: 2019

Owner Operated: Yes

Seller Financing: No

Summary:

Serving amazing quality shrimp, lobster, seafood, po’ boys and more. Offered in small bites, by the pound, as a handheld or grilled. Also beer and wine.

Simple operation - counter service. Dine-in, carryout, curbside pickup and 3rd party delivery, plus catering. Online ordering also available.

Cool nautical theme. Striking exterior. Warm and inviting interior featuring reclaimed wood walls, rustic tables, expansive windows, digital menu boards and more.

Plus, 3 video gaming machines for additional revenue!

Well established over 4 years (2 years at this location). Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included.

2022 gross sales $538,523 (first full year at this location). Sales increasing annually!

Keep the current concept (Chums Shrimp Shack) or bring your own to this ideal location!

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://chumsshrimpshack.com

Competition:

Fresh and flavorful. Outstanding quality. Great selection. Amazing house made coleslaw and sauces. Everything made-to-order. Fun décor. Known for their excellent seafood and friendly service!

What customers are saying about Chums: awesome, delicious, exceptional, fabulous, fantastic, incredible, outstanding, phenomenal, wonderful and much more!

Growth and Expansion:

Local favorite. Area gem. A must stop. Only seafood place of its kind in St. Charles. The best seafood. The “go-to” seafood place!

Rated 4.7 Facebook, 4.7 DoorDash, 4.5 Google, 4.3 Yelp and more. Highly rated & recommended, great reputation to continue to build upon. And A+ location with huge traffic counts!

Location:

Prime corner retail space in a freestanding building with ample parking on Main St (Route 64), a major retail corridor/route with over 35,000 vehicles per day. And just one block from Randall Rd, a major north-south artery with over 47,000 vehicles per day!

Perfectly situated in the prosperous commercial area of affluent St. Charles just off the banks of the Fox River. Near its thriving downtown which boasts 2 theaters, several entertainment venues, boutique & antique shopping, a riverwalk, an array of bars, pubs and dining options along with hotels, offices and residences. Plus, award winning events and festivals throughout the year. Offers something for everyone. A popular destination for both locals and visitors alike!

County: Kane

Facilities:

Lease Information: Leased space $3,870/mth gross. Current lease expires Aug 2024 with one 5-year option.

Square Feet: 1,200.

Seating: 20.

Days/Hrs of Operation: Tu-Sa 11a-9p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $10,000).

Value of Inventory: 500 (Not Included In Asking Price).

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

Support/Training: Open to discuss.

Seller Financing Available: No.

Reason for Selling: Other business obligations.

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