Well Established For Over 50 Years And With The Most Recent Owner For The Last 26 Years
Will County, IL
Asking Price: $125,000
Gross Sales: $687,000
Net Operating Income: $93,046
Monthly Rent: $7,125
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 1970
Owner Operated: Yes
Seller Financing: No
Food Type: American, Beer & Wine, Breakfast & Lunch/Brunch, Diner, Video Gaming
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

A classic diner serving the finest breakfast, lunch and dinner.

Full service. Dine-in or takeout. Warm and welcoming interior. Ample seating for 120 and ample parking for 50 cars.

Fully equipped professional kitchen, plus kegerator and 12 camera system. Also, 5 video poker machines. Gaming revenue (location’s take) averages around $40,000 a year!

Owner operated.

Well established for over 50 years! And with the most recent owner for the last 26 years!!

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: Will
Location:

Prime retail space in a freestanding building on a major route and the main street running through town with lots of businesses. Plus, surrounded by a vast residential area.

Perfectly situated in a friendly southwest suburb only 45 minutes from downtown Chicago. Just off I-355!

Real Estate: Leased
Facilities:

Lease Information: Leased space $7,125/mth gross. New lease available with options. Property: 4,000 sqft freestanding building on .52 acres. 50 car parking lot. New roof and HVAC. Real estate taxes $16,000. Square Feet: 4,000. Seating: 120. Days/Hrs of Operation: Tu-Su 7a-8p (closed Mondays). Owners Role: Supervisory - general manager.

Number of Employees: 10
Support/Training: On-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $5,000 (Not Included In Asking Price)
Competition:

Ideal location close to many retailers, several highways and the interstate. Best family restaurant in town. Best breakfast in the area. Best home cooked food in southwest suburbs. Best food around. Quality meals. Real food. Everything made fresh-to-order. As delicious as home cooked. Always good - breakfast, lunch or dinner. The place to eat morning, noon or night. Big selection. Wonderful family neighborhood restaurant. Well maintained building. Long time loyal staff. Known for their great food and service!

Growth and Expansion:

Area gem. Local favorite. Staple in the community. The “go-to” diner. Well established for over 2 decades. Tons of regulars for generations. Loved by many. Excellent reviews. Highly rated and recommended, great reputation to continue to build upon.

Seller Financing Available: No
Reason For Selling: Retiring.