On Pace For $1.2 Million In Sales This Year
Chicago Far South Suburb, IL
Asking Price: $1,025,000
Gross Sales: $1,192,744
Net Operating Income: $310,547
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 2009.
Owner Operated: Yes
Seller Financing: No
Food Type: Beer & Wine, Breakfast & Lunch/Brunch, Diner, Drive-Thru, Liquor License
Service Type: Full Service
Business Type: Independent
Sale Type: Business With Property

Description:

Offering a wide variety of unique breakfast and lunch options each with their own delicious twist. Their hearty breakfast includes eggs, omelets, skillets, scramblers, French toast, pancakes, crepes, waffles and other favorites. As well as delectable soups, salads, sandwiches, wraps and burgers for lunch. Plus, incredible seasonal specials and kids menu.

Full service. Serving breakfast and lunch. Dine-in or pick-up and delivery through Grub Hub, Door Dash and Uber Eats. Plus, catering packages for all types of events. Online ordering also available.

Striking exterior. Warm and inviting interior. Super clean. Newly remodeled kitchen - plumbing, electric, flooring, equipment and more.

Well established over 13 years! Independent, no royalty, advertising or transfer fees. Family owned and operated.

Shorter hours. Can add gaming. On pace for $1.2 million in sales this year!

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: Cook
Location:

Prime retail space in a freestanding building with drive-thru (recently added), large pylon sign and ample parking for 40 cars. The restaurant occupies the 1st floor and a newly built-out apartment plus two other bonus rooms are on the 2nd floor.

Perfectly situated on the main street running through this friendly far south suburb 35 miles from Chicago. Surrounded by a vast residential area of homes!

Real Estate: Owned
Facilities:

Property Information: 4,889 sqft freestanding building - 3,840 sqft on the main level and 1,049 sqft upstairs. On .316 acres. 4 PIN numbers. Restaurant on the 1st floor and a brand-new apartment upstairs with separate entrance - ideal for an owner operator. Also, 2 other rooms upstairs for storage or an office. Remodeled in 2020 and 2022. Drive-thru added in 2020 during Covid - functional, but currently not being used. Building has two HVAC units. Its flat roof is 15 years old and in good condition and its shingled roof was redone this year. Current taxes are $20,000, but are getting cut in half to approx. $11,000 now that it is zoned mixed use! And there are still TIF funds available for the restaurant. Square Feet: 4,889 (3,840 Restaurant + 1,049 apartment/Office/Storage Upstairs). Seating: 145. Days/Hrs of Operation: Daily 7a-3p (Closed Tuesdays).

Number of Employees: 9.
Support/Training: Negotiable on-site comprehensive training.
Value of FF&E: Included In Asking Price (Valued at $175,000).
Value of Inventory: $10,000 (Not Included In Asking Price).
Competition:

Famous breakfasts. Scrumptious menu. Creative dishes. Great variety. Quality ingredients. Everything fresh and full of flavor. Homemade soups. Really good coffee. Great ambiance and atmosphere. Doesn’t get better than this place. Known for their amazing food and fast friendly service.

Growth and Expansion:

Local favorite pancake house. Best restaurant for breakfast and lunch in the south suburbs. Top notch diner. Wonderful long standing establishment. Staple in the community. Area gem. Phenomenal neighborhood place. Huge name recognition. The “go-to breakfast spot. Tons of loyal regulars.

Rated 4.8 Grub Hub, 4.6 Door Dash 4.5 TripAdvisor, 4.5 Uber Eats, 4.4 Google and more. Highly rated and recommended, great reputation to build upon!

Seller Financing Available: No, but pre-approved for an SBA loan with 10% down!
Reason For Selling: Retiring.