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Popular Halsted Street Deli & Bagel Franchise Downtown Chicago - In A High Traffic University Center In The Loop!

Chicago, Illinois
Popular Halsted Street Deli & Bagel Franchise Downtown Chicago - In A High Traffic University Center In The Loop!
Asking Price:$119,000
Monthly Rent: $6,700
Value Of FF&E: Included in Asking Price
Real Estate: Leased
Year Established: 2014
Status: New Listing

Contact Details

Contact Name: Ted Aretos

Contact Email: sales@eatz-associates.com

Contact Phone: 815-761-8334

Contact Fax: 847-620-2934

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Business Description

A successful local deli & bagel franchise offering a wide selection of fresh breads, hand-sliced meats & cheeses combined with unique ingredients & condiments to create over 50 incredible sandwiches, wraps, panni’s and bagel for breakfast and lunch along with Chicago-style hotdogs.

Plus, freshly made chili, soups, salads and sides. As well as coffee, juice, iced tea, fountain drinks and a variety of beverages.

Simple operation - counter service. Dine-in or take-out and catering for 10 to 5,000 people with boxes, trays, platters and more. Online ordering also available.

The ideal place to eat in a fun, colorful and warm atmosphere. Great place to eat with friends, co-workers and associates.

Keep the current franchise or make it your own.

Asking Price:  $119,000 + Inventory ($2,500)

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Cook

Location: Prime retail space in the high traffic building of one of the largest private university’s in the loop with 16,000 undergraduate and 7,600 graduate/law students. This location has access from the food court as well as the street. Close to all modes of transportation including the CTA, subway, elevated trains and Metra lines. Just a short walk to Michigan Avenue and Millennium Park. The Loop is at the heart of America’s Urban Campus with more than 58,000 students attending 22 colleges and universities downtown, it's the largest college town in the state! The Loop is also the central business district of Chicago with hundreds of thousands of workers, boasts the highest concentration of jobs in IL. The Loop's residential population is on the rise, it’s one of the city’s most dynamic neighborhoods with all the amenities - schools, grocery stores, gyms, pharmacies and farmer’s markets along with parks, attractions and events. The Loop as Chicago’s commercial core is home to City Hall and the seat of Cook County, as well as, Chicago Mercantile Exchange, United Continental Headquarters, AON, Blue Cross Blue Shield, Hyatt Hotels Corporation, BorgWarner and dozens upon dozens of other major corporations. It’s also home to Grant Park, the State Street shopping district, Art Institute of Chicago, several theaters, plus numerous subway and elevated rapid transit stations. Other major institutions in the Loop include Willis Tower, Chicago Symphony Orchestra, Lyric Opera of Chicago, Goodman Theatre, Joffrey Ballet, Harold Washington Library and the Chicago Cultural Center.

Facilities: Leased space $6,700/mth gross. Current lease expires 2024 with two 5-year options. Square Feet: 1,200. Seating: 25. Days/Hrs of Operation: Mo-Fr 7a-3p.

Competition: Their ingenious combination of fresh, unique ingredients and condiments makes their sandwiches famous. Use only the highest quality ingredients with NO fillers, by-products, trans fats, artificial colors, preservatives, nitrates or MSG. They feature Boars Head meats & cheeses, which are gluten free, lower sodium and certified by the AHA. Something for everyone by offering colossal sandwiches along with guiltless, low-carb, low-fat options. Their menu choices make each meal an adventure. “The Flavor of Chicago”. Known for being fast, fresh and for their friendly service.

Growth and Expansion: Established in 1998, began franchising in 2004 and currently operating 11 locations in the Chicagoland area.

Support/Training: Two weeks on-site comprehensive training.

Inventory: $2,500

Seller Financing: No

Reasons For Selling: Other business interests.

Value Of FF&E: Included in Asking Price

 

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