2021 Gross Sales Thru July = $1,214,075 ($173,439/Mth) & 2021 Adjusted Net Income Thru July = $319,189!!!!
Cook County, IL
Asking Price: $2,000,000
Gross Sales: $1,613,035
Net Operating Income: $359,007
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 1999
Owner Operated: Yes
Seller Financing: No
Food Type: American, Breakfast & Lunch/Brunch, Diner
Service Type: Full Service
Business Type: Independent
Sale Type: Business With Property

Description:

Serving a full line of delicious breakfast and lunch items including pancakes, waffles, crepes, French toast, scramblers, omelets and skillets, as well as scrumptious sandwiches, burgers, melts, wraps, croissants, clubs, salads and more. In addition to gourmet coffee and fresh juices. Also, children’s menu.

Full service. Dine-in or takeout, plus catering with large pans of their most popular dishes. Online ordering also available. Nicely set up for large volumes!

Warm and welcoming interior. Cozy waiting area. Substantial wait station. Ample seating with comfy booths and expandable tables. Large expansive windows let in lots of natural light.

Fully equipped professional kitchen featuring a 20ft hood, two 6-burner stoves w/ovens, three flat top grills, char grill, fryer, steam table, sandwich units, automatic slicer, panni press, waffle maker, electric warmer, commercial toaster & microwave, shake machine, coffee machines, walk-in cooler & freezer and much more. Plus, POS system and camera system.

Well established over 22 years with the same owner! Family owned and operated, looking to retire.

2021 Gross Sales Thru July = $1,214,075 ($173,439/Mth) & 2021 Adjusted Net Income Thru July = $319,189!!!!

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 retail space in a striking freestanding building with great visibility, access and parking. On a major route with high traffic counts. Close to a busy Walmart Supercenter. And surrounded by a vast residential area!

Real Estate: Owned
Facilities:

Property Information: Freestanding building on 3/4 acre. 2019 real estate taxes $56,000. Square Feet: 4,000. Seating: 160. Days/Hrs of Operation: Mo-Fr 6:30a-2p & Sa-Su 6:30a-2:30p (no late nights!).

Number of Employees: 24
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $10,000 (Not Included In Asking Price)
Competition:

Just awesome. Best of its kind. Classic pancake house. Wonderful family friendly place. Large variety of hearty breakfast & lunch items. Everything well prepared and made-to-order. Fresh food served hot. Quality homemade cooking. Real food. Consistently good. Lively atmosphere. Outstanding staff. Everyone is so kind. Service with a smile. At the top of their game. Fast and efficient takeout. Known for their amazing food and excellent service.

Growth and Expansion:

Local favorite. Staple in the community. Area gem. The “go-to” breakfast place. Best place in town for breakfast. Best spot for breakfast any time of day. Best pancakes and waffles around. Terrific coffee. Ideal neighborhood location. Conveniently located. Very popular. Tons of regulars. Lots of fans. Loved by many. Always busy. Highly rated and recommended, great reputation to continue to build upon.

Seller Financing Available: No
Reason For Selling: Retiring.