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Local Favorite Gyros, Burger, Beef & Hotdog Joint Chicago Northwest Suburb - Thriving Suburban Downtown Location!

Chicago Northwest Suburb, Illinois
Local Favorite Gyros, Burger, Beef & Hotdog Joint Chicago Northwest Suburb - Thriving Suburban Downtown Location!
Asking Price:$159,000
Gross Sales: $361,946
Cash Flow: $78,359
Monthly Rent: $1,000
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2015
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

Serving their famous gyros along with char broiled burgers, Vienna beef hotdogs, Maxwell polish, Italian beef & sausage and other Chicagoland favorites. As well as kebobs, baklava and other Greek favorites. Plus, amazing sandwiches, fresh salads, homemade dressings & soups, crispy fries and other tasty sides. And dinner plates. Pepsi fountain drinks and fridge.

Simple operation - counter service. Serving lunch and dinner. Dine-in and carry-out, pick-up, plus catering.

Fully equipped open kitchen with 3 gyros machines, 4ft flat top grill, 2ft char grill, 3-well steam table, 2 fryers, 2dr sandwich unit, 2dr cooler, 2dr freezer and much more. Full basement for storage.

Nicely appointed interior. Welcoming atmosphere. Expansive windows with lots of natural light. Two dining rooms with tons of seating.

Well established location for over 4 years. Independent, no royalty, advertising or transfer fees. Family owned and operated. Turnkey!

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: Lake

Location: Prime corner retail space on the busy main street in the thriving suburban downtown of this affluent northwest suburb. Great signage and visibility. Ample lot and street parking. Also near the high school, two parks and its popular lake for swimming, boating and other water sports. Walking distance to the beach! This thriving affluent Chicago northwest suburb has been named the number one place in Illinois for young families. Also named as one of the top 100 "Best Places to Raise Your Family" by Frommer's and as one of the "Top 25 Places to Live in the Country" by U.S. News.

Facilities: Leased space - cheap $1,000/mth gross. Current lease expires in Sep 2020 with two 5-year options. Lease amount increases only $25 every year! Square Feet: 2,500. Seating: 50 Inside & 8 Outside. Days/Hrs of Operation: Mo-Sa 11a-8p.

Competition: Thriving affluent northwest suburb. Ideal suburban downtown location. Prime corner spot in the heart of downtown. Huge summer festivals right outside their front door. Fresh real food. Best gyros, beef, burger and hotdog around. One of the best restaurants in town. Menu has something for everyone. Family friendly. Known for their fabulous food and fast friendly service.

Growth and Expansion: Real gem - area treasure. Local favorite. A “must-go” place. Neighborhood hot spot. Loyal customers. Lots of regulars. Highly recommended. Steller reviews on all the sites: Google, Facebook, Yelp, TripAdvisor, etc. Great reputation to continue to build upon. Can also open on Sundays. Can also offer delivery. And more customers coming - new condo development just across the street.

Support/Training: Negotiable

Number of Employees: 5

Inventory: $5,000

Reasons For Selling: Retiring.

Gross Sales: $361,946

Value Of FF&E: Included In Asking Price

 

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