Hot Listing

Longstanding Fast-Casual Chicagoland Restaurant Chain-Four Locations!

Asking Price$5,100,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,152,381

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Longstanding Fast-Casual Chicagoland Restaurant Chain-Four Locations!


Asking Price$5,100,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,152,381

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A Highly Successful Iconic Restaurant Chain With Over 7 Decades Of Success
Rare opportunity to acquire a highly-successful, multi-unit fast-casual local restaurant chain with four prime locations strategically positioned throughout the Chicagoland area.

Key Features:

• Simple Operations: Friendly counter service.
• Diverse Revenue Streams: Dine-in, takeout and delivery services.
• Multi-Unit Package: Four fully operational restaurants under one ownership.
• Strong Brand Recognition: Well-established name with loyal customer following.
• High-Volume Sales: Proven, reliable revenue streams year over year.
• Strong Cash Flow: Consistent profitability with room for further growth.
• Proven Track Record: Sustained performance through various economic cycles.
• Turnkey Operations: With fully equipped commercial kitchens, well-trained staffs and streamlined systems in place.
• Prime Locations: High-traffic sites with excellent visibility and parking.
• Strategically Positioned: In densely populated areas.
• Established Organizational Structure: Highly-effective executive leadership, support team and in-store management all in place.
• Growth Potential: By enhancing its digital presence and marketing including online and mobile app ordering capabilities. Plus, further optimizing delivery partnerships. As well as increasing catering services. In addition to product licensing.
• Expansion Potential: Opportunity to add more locations or franchise the concept.
• Ideal For: Experienced restaurant operators, multi-unit investors or hospitality groups looking for a scalable portfolio in Chicago’s thriving metro market.

Well established local chain for over 75 years. Independent - no royalty, advertising or transfer fees. Family owned and operated.

Value of FF&E: Included In Asking Price.

Value of Inventory: Not Included In Asking Price.

Each of the 4 locations have been carefully selected for maximum visibility, accessibility and strong surrounding demographics while maintaining operational efficiency.

This is a HIGHLY confidential listing. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Details provided only after receipt of a signed NDA and proof of funds. Showings by appointment only outside of business hours.

Listed By Tom Traina at EatZ & Associates
About the Business
Number of Employees
70
Facilities & Assets
Established: 1950 & 2016 & 2017 & 2022.

#1 Property Information: Two-story freestanding building. Built in 1972. RET $100,000/yr.

#2 Lease Information: Leased space $8,277/mth gross. Current lease expires Sep 2026 w/one 5-year option.

#3 Lease Information: Leased space $6,375/mth gross. Current lease expires Dec 2028.

#4 Lease Information: Leased space $3,697/mth gross. Current lease expires Jun 2030.

SqFt: 13,895.

Seats: 148.

Hrs: 24 Hours & Daily 10:30a-10p & Daily 10:30-10p & Daily 11a-10p.

Owners Role: Oversees operations.
Website
http://www.eatz-associates.com
Market Outlook / Competition
A cornerstone of Chicago’s culinary landscape. Strong brand recognition across the region. Sought-after menu. High quality offerings. Streamlined systems in place. Boasts operational excellence. And praised by local media.
Opportunities for Growth
An iconic Chicagoland restaurant chain with over 7 decades of success. Beloved institution. Staple in the Chicago metropolitan area. Loyal multi-generational customer base. Has stood the test of time. Highly rated and recommended, incredible reputation to continue to build upon. Plus, still has significant growth and expansion opportunities!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
13,895
Rent
$18,349.00 per month
About the Sale
Seller Motivation
Retiring.
Transition Support
The current ownership is committed to ensuring a smooth transition and is willing to provide a customized transition period to support new ownership.
Financing Options
No.
Listing Info
ID
2404447
Listing Views
421

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Business Listed by: Tom Traina EatZ & Associates

Listing ID: 2404447 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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