Bring Your Concept Here - No Restrictions - Can Also Add A Drive-Thru
DeKalb, IL
Asking Price: $59,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $5,000
Lease Expiration: (New Lease)
Options: (Flexible Landlord)
Year Established: 1980
Owner Operated: No
Seller Financing: No
Food Type: American, Any, BBQ Place, Beef/Burgers/Gyros/Hot Dog Joint, Cafe, Cajun, Chinese, German, Greek/Mediterranean, Grill, Indian, Italian, Japanese, Mexican/Tex-Mex, Sandwich Shop, Sushi/Poke, Thai, Wings Place
Service Type: Fast Food
Business Type: Independent
Sale Type: Asset Sale

Description:

Previously a highly successful fast-food restaurant serving delicious gyros, Italian beef & sausage, pure beef hot dogs, char-broiled burgers, grilled chicken, specialty sandwiches, hot & cold subs, wraps, clubs, ribs, salads, soups, sides, desserts and more.

Simple operation - counter service. Dine-in, plus HUGE carry-out and delivery business. Also, many deliveries to campus, businesses, offices and manufactures in the area!

Warm and welcoming interior. Features a fully-equipped professional kitchen with hood, 2-burner stove, broiler, oven, flat top grill, fryers, steam table, toaster oven, sandwich unit, slicer, walk-in cooler & freezer, ice machine and more. Plus, POS system. Turnkey - ready for a new owner!

Well established restaurant for over 42 years. Did $1.2 million a year in sales. Bring your concept here! No restrictions. Can also add a drive-thru.

Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials.

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: DeKalb
Location:

Prime corner retail space in a freestanding building in the heart of the downtown of DeKalb. On Lincoln Hwy (Route 38) a major thoroughfare with high traffic volumes and its main retail corridor with many other restaurants and retailers. Also close to homes, businesses and hotels, as well as campus with dorms, student apartments and athletic facilities including a 10,000-seat Convocation Center and a 24,000-seat stadium.

Surrounded by a dense residential area of about 44,000 residents within a 3-mile radius and Northern Illinois University (NIU), a major Midwestern research University with enrollment of over 25,000 graduate/undergraduate students and 3,000 faculty/support staff. The total population of DeKalb County is 104,000!

Plus, Ferrara Candy Factory just opened adding 500 new jobs and a massive Facebook Data Center is being built nearby. The center is one of only 12 campuses in the country and 16 in the world. Local government and business officials expect both to greatly benefit the local economy!

Real Estate: Leased
Facilities:

Leased space $5,000/mth gross. Flexible landlord offering a new 5-year lease with options. Square Feet: 2,119. Seating: 60. Days/Hrs of Operation: Currently Closed.

Value of FF&E: Included In Asking Price (Valued at $59,000)
Value of Inventory: Not Included In Asking Price
Competition:

Great rent. Efficiently set up for large volumes. Ample seating and parking. Plus, great signage, excellent frontage, fantastic visibility, high traffic counts and easy access.

A+ location. High profile spot. Conveniently located. In the heart of Dekalb’s commercial district close to the university. On restaurant row next to campus. Tons of foot and vehicle traffic. Ideally positioned in this growing far western suburb!

Growth and Expansion:

Landmark restaurant space. Popular spot for locals, visitors, families, colleagues, faculty and students alike. In a growing area that also features many golf courses and attractions. And a booming hospitality market with 3 major hotels within a short distance. Plus, lots of new developments nearby including the new Facebook Data Center, Ferraro Candy and several other factories.

Seller Financing Available: No
Reason For Selling: Partner issues.