For Sale

Popular Local Pizza Franchise Vernon Hills, IL – Recently Remodeled!

Updated Interior & Newer Equipment - Year Over Year Sales Up

Vernon Hills, IL

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Food Type: Italian, Pizza Place

Service Type: Fast Food

Business Type: Franchise

Sale Type: Asset Sale

Asking Price: $99,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $3,450

Lease Expiration: 09/2027

Lease Options: One 5-Year Option

Year Established: 2022 (Current Owner 2023)

Owner Operated: No

Seller Financing: Yes

Summary:

Specializing in quality, home-style pizza in thin, double dough, deep dish and stuffed crusts along with delicious pasta, wraps, sandwiches, salads, chicken wings/tenders, appetizers, desserts and more. Plus, pizza by the slice, monthly/daily specials and kids’ menu. And a cooler full of Pepsi products.

Simple operation - counter service. Mostly carryout, pickup and delivery. Plus, top-notch catering for all types of occasions including parties, graduations, school events, corporate events and much more. Online and app ordering also available. And gift cards.

Fully equipped with two hoods, Fish 5-deck rotating pizza oven, 4-burner tabletop stove, tabletop charbroiler, 2 deep fryers (4 baskets), 2-well steam table, Hobart dough mixer, countertop mixer, dough sheeter, 3-door pizza prep table, single-door standup cooler, walk-in cooler, 3-door standup freezer, hot box, pizza slice warmer, phone system, touchscreen POS system and more.

Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Recently remodeled with newer equipment. Its updated warm & inviting interior features gorgeous reclaimed wood, beautiful granite countertops, electronic menu boards and more.

Established location for 2 years. Absentee owned and operated with a general manager in place - turnkey. 2023 sales ~$450,000. Year over year sales up! And a huge opportunity to further increase catering!!

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.

Competition:

Outstanding pie. Pizza made from homemade, hand-tossed dough made fresh daily then topped with the finest & freshest ingredients. Fresh veggies cut in house. Real Wisconsin cheese. Over 20 amazing toppings to choose from. Fast, hearty, home-style Italian food. Perfected traditional family recipes, including house made sauces for their pizzas and pastas, as well as spicy buffalo wings. Boasts a proven system with superior quality and customer service. Included in the list of the best pizza chains in the Chicagoland market winning numerous awards.

Growth and Expansion:

A popular neighborhood pizzeria. Local favorite. Loyal customer base. Founded in 1997 as an independent pizzeria, began franchising in 2004. Currently operating 6 locations in the Chicagoland area, plus 1 in Wisconsin and 2 in Colorado.

Pizza is still one of the fastest growing areas in the food industry today, the pizza segment is a $46+ billion dollar a year industry!

Location:

Prime retail space in a thriving plaza on a major thoroughfare with high traffic counts. Along with a burger joint, small grocery store, cleaners, nail salon, dentist, workout facility and more.

Perfectly situated in the heart of affluent Vernon Hills in a busy neighborhood center at a signalized corner adjacent to a popular golf course. Also, near a large industrial park. Plus, close to schools and surrounded by a vast residential area!

County: Lake

Facilities:

Lease Information: Leased space $3,450/mth gross (also includes garbage). Current lease expires Sep 2027 with one 5-year option.

Square Feet: 1,400.

Seating: 5 Counter Stools.

Days/Hrs of Operation: Daily 10a-9p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $85,000).

Value of Inventory: $2,500 (Not Included In Asking Price).

Number of Employees: 2 Full-Time & 4 Part-Time.

Support/Training: Four weeks on-site comprehensive training.

Seller Financing Available: Yes, to a well-qualified buyer with a minimum of 50% down.

Reason for Selling: Wants to focus on other locations.

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