And Pre-Approved For SBA Financing
Stickney, IL
Asking Price: $2,100,000
Gross Sales: $2,026,000
Net Operating Income: $565,973
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 1983
Owner Operated: Yes
Seller Financing: No
Food Type: Breakfast & Lunch/Brunch, Diner
Service Type: Full Service
Business Type: Independent
Sale Type: Business With Property

Description:

Serving the most delicious breakfast and lunch daily. Featuring hot off the griddle pancakes, waffles, crepes, French toast and blintzes. Along with eggs, omelets, skillets, sandwiches, house combos and all-time favorites. As well as salads, sandwiches, clubs, plates and entrees, plus ice cream.

Full service. Dine-in or take out. Gorgeous modern interior. Completely remodeled in 2017.

Well established over 38 years! Current owners 20 years!! Ready for the next owner - 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 employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime corner retail space on a main street along with loads of businesses and shops in a dense residential area. Boasts great signage and visibility. Plus, ample street and municipal parking. And lots of vehicle and foot traffic.

Real Estate: Owned
Facilities:

Property includes a freestanding building that houses the 4,654 sqft restaurant plus a 2,147 sqft liquor store (which has a 10-year lease for $3,200/mth). Just spent over $650,000 in improvements of the restaurant and building in 2017 including a new roof, two new 2-ton AC units and much more. Lot is 71.50 by 120 = 8, 580sq ft. 3 Tax Pin numbers. 2019 Taxes $61,876. Square Feet: 4,654. Restaurant Seating: 180. Restaurant Days/Hrs of Operation: Daily 7a-3p (No Late Nights!). Owners Role: Host and hostess.

Number of Employees: 27 Full-Time
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $15,000 (Not Included In Asking Price)
Competition:

Got it all - great food - great people - great service - great restaurant. Everything house made. Best family restaurant in town. Best breakfast place in the Cicero/Berwyn/Stickney area. Best brunch in the western suburbs. Best pancake house around. Amazing dishes. Excellent coffee. Fresh squeezed orange juice. Inviting atmosphere. Fast and efficient service. The friendliest staff. Centrally located!

Growth and Expansion:

Neighborhood gem. Legendary place. Local favorite. Tons of regulars for generations. Loved by many. The “go-to” spot for breakfast. THE place to eat with coworkers, family and friends. Staple in the community. Highly rated and recommended, great reputation to continue to build upon. Also, a great investment opportunity!

Seller Financing Available: No, but pre-approved for SBA financing.
Reason For Selling: Retiring.