Listings

Summary:

Serving a delicious menu of grilled favorites, classic American comfort food and Greek influenced cuisine including appetizers, soups, salads, char-broiled burgers, hot dogs/polish, Italian beef/sausage, sandwiches, wraps, gyros, chicken kabobs, grilled chicken, baby back ribs, shrimp and more. Plus, bottled/fountain drinks, milkshakes and ice cream.

Simple operation - counter service. Dine-in, carryout or pickup, plus catering party packages or gyros and Italian beef by the pound. Online ordering also available. And a rewards program.

Well established over 25+ years and with the current owner 2+ years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. Recipes also included!

Its clean casual interior features expansive windows, digital menu boards and ample seating at both booths and tables. As well as a well-maintained fully-equipped kitchen with 18ft hood, 3ft grill, 5ft flat top, two 2-basket fryers, three gyros spits, toaster oven counter-top conveyor unit, steam table, meat slicer, 2-door refrigerated counter, ice cream display freezer, ice cream serving station, milkshake mixer, 3-door and single-door refrigerated prep stations, 3-door reach-in cooler and freezer, POS system and more.

Turnkey operation. Keep the current concept or expand upon it!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please complete the short Contact Form on the right or email Tim Ryan at Tim@eatz-associates.com or call 847-343-1332 for more information. Showings by appointment only outside of business hours.

Competition:

Broad menu appeal. Wonderfully blends grill and comfort food with Greek and Mediterranean favorites.

Streamlined efficient operation. Partially open kitchen. Known for their friendly service.

Ideally located in one of Chicago’s most established commercial zones and trade areas with significant foot and vehicle traffic.

Popular with residents, visitors, workers and commuters. Rated 4.4 Google, 4.2 Yelp, 4.2 TripAdvisor and more. Highly rated and recommended, strong reputation to continue to build upon.

Growth and Expansion:

Long time local favorite. Staple in the community. Institution in the neighborhood. Loyal customer base. Lots of regulars for generations.

And the opportunity to further increase sales by -
* expanding hours - open later & Sundays (customers requesting it) to capture late night/weekend demand
* 3rd party delivery integration - partner with DoorDash/Grubhub/Uber Eats to capture delivery demand
* enhancing catering - develop a catering program with local businesses
* adding digital marketing - create a social media presence + email reward members

Location:

Prime corner retail space in a small busy plaza along with a Chinese restaurant, laundromat/cleaners, bike shop and more. Boasts great signage, high visibility, easy access and ample parking (a significant competitive advantage in the city).

Perfectly situated on one of Chicago’s primary commercial arteries connecting Avondale, Logan Square, Irving Park and surrounding northwest side neighborhoods. Also, one of Chicago’s most recognizable commercial corridors known for its retail, services, offices, cafes, restaurants, bars, music venues and nightlife. Plus, a major commuter route with heavy daily vehicle traffic.

And the restaurant is in close proximity to CTA Blue Line stations and multiple bus routes. As well as surrounded by a dense residential neighborhood!

County: Cook

Facilities:

Lease Information: Leased space $3,875/mth gross. Current lease expires Nov 2028 with two 5-year options.

Square Feet: 1,500.

Seating: 32 Indoor.

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

Owners Role: Owner operated - partner works the restaurant.

Real Estate: Leased.

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

Value of Inventory: $5,000 (Not Included In Asking Price).

Number of Employees: 2 Full-Time & 3 Part-Time.

Support/Training: Negotiable on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other business interests.