Established Food Franchise in High Traffic Tourist and Biz District

Asking Price$159,000

Cash Flow
$58,873
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$425,343

Inventory$3,000
Not included in asking price
FF&E$50,000
Included in asking price
LunchSave

Established Food Franchise in High Traffic Tourist and Biz District


Asking Price$159,000

Cash Flow
$58,873
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$425,343

Inventory$3,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
This is really an owner-operator situation with both owners working part-time for part of a 5-day week. This is a unique franchise with minimal weekday hours only and no weekends. They are only open from late morning until mid-afternoon. That said, a new owner could keep the location open until 6:00 or 7:00 PM extending the hours by 3.5 - 4 more hours per day and very likely generating a significant increase in revenue. The current owners have even mentioned this, but since they have other business affairs, they're unwilling to keep it open later or try Saturday, which is another option. If a new owner did one or both, you could increase the open hours by as much as 25 hours or more per week in a high foot and vehicle traffic area.

For sale is this exceptional opportunity to own a thriving franchise location renowned for its delectable and diverse offerings. Situated in a prime location in the heart of Chicago, this business has established itself as a beloved destination for food enthusiasts seeking a hearty and nourishing fast-casual culinary experience. With a robust menu featuring an array of carefully crafted soups, salads, and sandwiches, complemented by a commitment to using only the finest and freshest ingredients, this franchise has cultivated a loyal customer base including neighboring retailers, banks, law firms, corporations, and local government employees for expanded lunch hours and the ability to provide evening take-home meals for pickup before the close. Due to this franchise's uniquely limited hours of operation, it allows for an outstanding work-life balance and can be run with an active, semi-active, or mostly absentee owner. The current owner did not have restaurant experience, but that is, of course, helpful if you do.

The well-designed and inviting space provides a warm and welcoming atmosphere, inviting guests to savor their meals and engage in conversation. A dedicated and skilled team and a strong support system from the franchisor, this turnkey business presents an exciting opportunity for passionate entrepreneurs to step into a successful enterprise with unlimited potential for growth and success in the ever-thriving restaurant industry, and a low barrier to entry in this case.

All financials disclosed are approximate. Buyers will be able to conduct their own diligence to their sole satisfaction. This is unlikely to be an SBA-financable business and will require the buyer's own funds. Alternatively, we can refer to various unsecured or personal assets lenders, etc.

* Listing is subject to revisions or deletion without notice.
About the Business
Franchise
This business is an established franchise
Facilities & Assets
Lovely casual dining area with fast casual ordering process. Fast casual environment with booths and tables. Accommodating and efficient restaurant space.
Market Outlook / Competition
Unique brand with specific primary offerings not readily available in the immediate area.
Opportunities for Growth
The hours can be expanded, and catering can be marketed more broadly to reach a broader geographic audience in a larger radius of the physical location.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Seller has an unrelated buiness and is slowing down toward retirment.
Transition Support
As much as needed and agreed to during the sale process.
Listing Info
ID
2402681
Listing Views
203

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Business Listed by: Dennis Hansmann American Business Acquisitions Inc.

Listing ID: 2402681 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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