Established Over 30 Years Along A Major Route With Over 61,000 VPD
Vernon Hills , IL
Asking Price: $87,500
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $5,492
Lease Expiration: 10/2021
Options: Two 5-Year Options
Year Established: 1991
Owner Operated: Yes
Seller Financing: No
Food Type: Beef/Burgers/Gyros/Hot Dog Joint, Ice Cream/Frozen Yogurt/Gelato
Service Type: Fast Food
Business Type: Independent
Sale Type: Asset Sale

Description:

Offering delicious gyros, burgers, hot dogs, Italian beef, sandwiches, ribs, chicken, seafood and more, along with hand-scooped ice cream, shakes and malts. Also, combo and kids’ meals, plus daily specials.

Simple operation - counter service. Dine-in, takeout or delivery through Delivery Through Postmates, Uber Eats, GrubHub and DoorDash. Plus, catering packages and corporate & school lunches. On-line ordering also available.

Cool 50’s décor. Open and back kitchen. Ice cream display cases and set up. Digital menu boards. Fun murals. Plenty of seating. Large expansive windows.

Fully equipped - featuring at the front of the house a large hood, grill, flat top, 2 fryers, 3-well steam table, sandwich prep unit, refrigerated prep table, milkshake blenders, 2 long ice cream cases, ice cream freezer, ice cream/milkshake prep station and more. Also, the back of the house includes a 3ft hood with oven, bread oven, meat slicer, 4x8 walk-in cooler, several reach-in freezers and more.

Well established over 30 years! Independent, no royalty, advertising or transfer fees. Owner operated.

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 employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Lake
Location:

Prime corner retail space in a busy retail center anchored by Hobby Lobby. Perfectly situated near the mall. Located in a highly populated market and the main retail hub for the surrounding area. Along a major route with over 61,000 vehicles per day!

Real Estate: Leased
Facilities:

Lease Information: Leased space $5,492/mth gross. Current lease expires in Oct 2021 with two 5-year options. Square Feet: 2,300. Seating: 65 Inside & 16 Outside. Days/Hrs of Operation: Mo-Sa 11a-8p & Su 12p-6p. Owners Role: Manager.

Number of Employees: 8
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: Not Included In Asking Price
Competition:

Great food fast. World’s best gyros. Black angus burgers. Homemade Italian beef. Famous ribs. Gourmet ice cream. Best ice cream shop in town. Known for their high-quality products, excellent service and friendly staff.

A+ location. Highly desirable affluent northern suburb. Fun atmosphere. Wonderful nostalgia. A timeless classic. Family friendly. Loyal employees.

Growth and Expansion:

Local favorite. Staple in the area. A cornerstone in the community. Great name recognition. Long established customer base. Tons of regulars. Highly rated and recommended, great reputation to continue to build upon.

Seller Financing Available: No
Reason For Selling: Retiring.