Ideal Location Near Two Major Interstates In The Most Populated City In Northwest Indiana
Lake County, IN
Asking Price: $99,000
Gross Sales: $411,358
Net Operating Income: $92,087
Monthly Rent: $2,500
Lease Expiration: 02/2023
Options: Four 5-Year Option
Year Established: 1997
Owner Operated: Yes
Seller Financing: No
Food Type: Breakfast & Lunch/Brunch, Cafe, Diner
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

Serving breakfast, lunch and dinner including amazing omelets, pancakes, fresh salads, wraps, pitas, sandwiches, burgers, hot dogs, house specialties, seafood, southern comfort food, Greek cuisine, Italian inspirations, desserts and more. As well as awesome thin crust pizza.

Full service. Dine-in or carryout.

Warm and welcoming interior. Large expansive windows let in lots of natural light.

Professional kitchen features a 10ft hood, double-decker pizza oven, 4-burner stove w/grill, 2 burner stove, broiler, deep fryer, steam table, slicer, mixer, waffle machines, soup warmer, 2-door refrigerator, walk-in cooler, chest freezer, stand-up freezer, ice machine and so much more.

Well established over 25 years! Family owned and operated. Independent - no royalty, advertising or transfer fees. Turnkey.

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.

County: Lake
Location:

Prime corner retail space in a beautiful freestanding building with ample parking near interstates I-30 and I-65. Near a busy super-regional mall in northwest Indiana, just one hour from Chicago. The best shopping, entertainment and fun for the entire family with 5 major anchors: Kohl's, JCPenney, Macy's, H&M, Forever 21 and 170 stores and specialty shops. As well as a conference and event center. Also, surrounded by a large concentration of big-box retailers, entertainment, hotels, businesses and car dealerships. Plus, a vast residential area of many homes.

Perfectly situated in the most populated city in thriving Lake County, IN which serves as a major shopping hub for northwest Indiana!

Real Estate: Leased
Facilities:

Leased space - cheap $2,500/mth gross (also includes water). Current lease expires Feb 2023 with four 5-year options. Square Feet: 1,470. Seating: 52. Days/Hrs of Operation: Mo-Sa 7a-8p.

Number of Employees: 10
Support/Training: Negotiable number of weeks of on-site comprehensive training.
Value of FF&E: Included In Asking Price (Valued at $75,000)
Value of Inventory: $3,500 (Not Included In Asking Price)
Competition:

An original. Classic diner. Breakfast all day. Diverse menu. Outstanding choices. Hot fresh rolls. Fantastic homemade meals and desserts with fresh ingredients. Everything made from scratch daily. Superb hot and tasty dishes. Awesome pizza sauce and crust. High quality food, plus excellent friendly and attentive service. Top notch staff.

Ideal location. Clean and bright interior. Cozy atmosphere. A great experience for breakfast, lunch and dinner!

Rated 4.5 on Google, Yelp and TripAdvisor!

Growth and Expansion:

Local favorite. A true gem. Great family restaurant. Popular café. Longstanding diner with a huge following. Tons of regulars. Loved by many. A “go-to” breakfast spot. Best breakfast in the area. Wonderful small “mom & pop” place.

Highly rated and recommended, great reputation to continue to build upon. Incredible opportunity for another owner operator. Tons of upside potential!

Seller Financing Available: No
Reason For Selling: Retiring.