A Freestanding Building On Busse Ave, A Main Thoroughfare With Over 33,000 VPD
Park Ridge, IL
Asking Price: $35,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $4,500
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 1990
Owner Operated: No
Seller Financing: No
Food Type: Any, Beef/Burgers/Gyros/Hot Dog Joint, Grill, Ice Cream/Frozen Yogurt/Gelato
Service Type: Fast Food
Business Type: Independent
Sale Type: Asset Sale

Description:

A popular well-established independent ice cream shop and burger joint located on Busse Ave, a main thoroughfare in Park Ridge, a sought-after affluent northwest suburb.

Serving ice cream, cones, shakes, banana splits, parfaits, sundaes, frostbites and funnel cakes along with hot dogs, polish sausage, burgers, chicken, salads, sides, plus cold and frozen drinks.

Simple operation - counter service. Large clean kitchen with a 10ft exhaust hood, fully equipped kitchen line, walk-in cooler and more.

Well established for 32 years! Independent, no royalty, advertising or transfer fees. Name not included.

A charming place with an old school vibe. Expansive windows with lots of natural light. Seating both inside and out. Nice size parking lot. Boasts great signage, visibility and access!

Asset sale - all fixtures, furniture and equipment (FF&E) included, as well as social media accounts. No financials. Tons of opportunity for growth and/or conversion to another fast-food restaurant (no restrictions).

Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime retail space in a freestanding building with excellent street frontage on Busse Hwy, a main thoroughfare with over 33,000 vehicles per day. Located next to Like New Auto Spa & Detailing, a busy car wash - customers from the car wash walk over to grab a bite to eat while they wait on their cars. Perfectly situated just off I-294 near Oakton Ice Arena and Oakton Driving Range. Also surrounded by a vast residential area of many homes.

Real Estate: Owned
Facilities:

Lease Information: Leased space $4,500/mth gross. Seller/landlord will sign a new 5-year lease with options. Property Information: Freestanding building built in 1968. On .18 acre. New roof. Two new A/C units. Square Feet: 1,100. Seating: 10 Inside & 24 Outside. Days/Hrs of Operation: Currently Closed.

Value of FF&E: Included In Asking Price
Value of Inventory: Not Included In Asking Price
Competition:

One of the best local businesses in Park Ridge. Best ice cream and burgers in the area. Delicious frozen treats and fast food. Amazing fries. The quintessential ice cream shop and burger joint. Ideal spot. No other location nearby offers the same old fashion feel and family friendly service. Coolest restaurant in town!

Rated 5.0 TripAdvisor, 4.9 Facebook, 4.5 Yelp and more!

Growth and Expansion:

Longstanding business. Neighborhood gem. The go-to spot for ice cream after school, games, events, the ice arena, the driving range and for a quick bite to eat. Local favorite. Tons of regulars. Loved by many. Community gathering place. Highly rated and recommended - loyal following. A solid customer base to continue to build upon. Potential to further expand the business, as well as opening all year long!

Seller Financing Available: No
Reason For Selling: Space available.