For Sale

Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint Sought-After Northwest Suburb of Chicago – 31 Years!

Area Gem - Staple In The Community - Beloved Institution

Northwest Suburb of Chicago, IL

Contact

Theo Theodosiadis
Theo@eatz-associates.com
847-910-4657

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Food Type: American, Beef/Burgers/Gyros/Hot Dog Joint, Beer & Wine, Liquor License, Sandwich Shop

Service Type: Fast Food

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $375,000

Gross Sales: $924,823

Net Operating Income: $(Contact For)

Monthly Rent: $5,885

Lease Expiration: 01/2028

Lease Options: Three 5-Year Options

Year Established: 1995 (Current Owner 1997)

Owner Operated: Yes

Seller Financing: Yes

Summary:

An outstanding opportunity to purchase a classic fast-food joint on one of the northwest suburbs’ most active commercial corridors.

Specializing in delicious gyros off-the-spit, Italian beef & sausage deli & hot sandwiches, submarines, Vienna hot dogs, charbroiled burgers, charbroiled, rotisserie & broasted chicken, bbq back ribs, buffalo wings, homemade soups, fresh salads, tasty sides and other Chicago-style and Mediterranean-inspired favorites. Along with fountain drinks, shakes, bottled beer and wine. Plus, everyday/daily specials and a kid’s menu.

Simple operation - counter service. Dine-in, carryout, pickup and 3rd party delivery, plus huge catering business. Online ordering also available.

Ample seating at both booths and tables, tv’s to watch all the games and 2 games for the kids.

As well as an open kitchen featuring a large hood, 3 gyros spits, 2-burner stove/flat-top w/oven, char grill, 2 deep fryers (4 baskets), meat slicer, shake machine, beverage fridge, ice machine and much more.

Well established 31 years. Independent - no royalty, advertising or transfer fees. Family owned and operated.

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 Theo Theodosiadis at Theo@eatz-associates.com or call 847-910-4657 for more information. Showings by appointment only outside of business hours.

Competition:

Amazing Chicago-style comfort food. Everything made-to-order hot and fresh. Plus top notch catering. Old school joint. Laid back atmosphere. Family friendly. Their broad appeal attracts shoppers, families, students, office workers and more. Well-known for their high-quality fast-food and quick friendly service!

Growth and Expansion:

Longtime local favorite. Beloved institution. Longstanding neighborhood spot. Staple in the community. Area gem. The ‘go-to” fast-food joint. Strong brand recognition and foundation. Has built a loyal following among local residents, nearby businesses and commuters. Tons of regulars for generations!

Highly rated and recommended, excellent reputation to continue to build upon. Plus, even more room to increase sales with additional social media/digital marketing, opening on Sundays, adding a full bar and video gaming!

Location:

Prime retail space in a busy strip center on a primary commercial corridor and major east-west thoroughfare with over 29,000 vehicles per day.

Benefits from nearby established retail/service businesses and exceptional daily traffic, plus is minutes from its thriving downtown and busy Metra station, as well as being surrounded by a dense residential area and a strong daytime workforce.

Located in a sought-after northwest suburb just 30 miles from Chicago’s loop and 14 miles from O’Hare airport. This highly-desirable suburb has a great mix of commercial, light industrial, office space, residential and many award-winning schools.

Location Highlights:
• Easy access from multiple directions
• Exceptional exposure on primary commercial corridor
• Also a popular dining corridor with steady lunch and dinner traffic
• High visibility along a major thoroughfare with strong daily traffic counts from continuous commuter traffic moving between suburbs
• Convenient access to other major commercial corridors, key arteries, regional routes and the interstate
• Just minutes from its bustling downtown and Metra station with 2,400 weekday commuters
• Close to retail centers, offices, sports facilities and community amenities
• Near two large high schools and a significant community college
• Surrounded by a dense residential neighborhood of homes, townhouses, condos and large apartment communities

County: Cook

Facilities:

Lease Information: Leased space $5,885/mth gross (trash also included). Current lease expires Jan 2028 with three 5-year options.

Square Feet: 2,900.

Seating: 80 Inside & 20 Outside.

Days/Hrs of Operation: Mo-Sa 10p-9p (Closed Sundays).

Owners Role: Family owned and operated - active day-to-day.

Real Estate: Leased.

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

Value of Inventory: $12,000 (Not Included In Asking Price).

Number of Employees: 5 Full-Time & 1 Part-Time.

Support/Training: Four weeks on-site comprehensive training.

Seller Financing Available: Yes, to a well-qualified buyer with a minimum of 50% down.

Reason for Selling: Retiring.

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