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Family Operated Italian Restaurant Chicago Sought After NW Suburb – Highly Rated & Recommended!

Chicago Northwest Suburb, Illinois
Family Operated Italian Restaurant Chicago Sought After NW Suburb – Highly Rated & Recommended!
Asking Price:$99,000
Gross Sales: $575,000
Cash Flow: $50,000
Monthly Rent: $3,800
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2001
Status: New Listing

Contact Details

Contact Name: Pat Mahoney

Contact Email: sales@eatz-associates.com

Contact Phone: 847-208-9569

Contact Fax: 888-673-3045

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Business Description

Currently offering a fine selection of authentic Italian entrées, appetizers, salads, desserts and wines. Full liquor license.

Dine-in, carry-out and catering.

Beautifully appointed interior. Cozy atmosphere. Warm and inviting ambiance. Features soft colors, intimate lighting, lovely furniture, wooden wine rack and gorgeous stacked stone walls.

Fully equipped kitchen. Turnkey!

All recipes included in the sale. Family owned and operated with the same owners for 19 years!

If you love to cook and want to own your own restaurant, this is the place for you!!

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 a large busy shopping center anchored by Jewel/Osco along with a coffee shop, cleaners, nail salon, vet, dentist, fitness place, other restaurants and much more. On Palatine Rd with high visibility, excellent traffic counts and strong demographics. Surrounded by many homes. Ample parking.

Facilities: Leased space $3,800/mth gross. Landlord will give a new lease. Square Feet: 1,600. Seating: 60. Days/Hrs of Operation: Mo-Th 4p -9:30p & Fr-Sa 4p -10p.

Competition: Ideal location. Modern Italian cuisine. Use only the freshest ingredients. Homemade Italian recipes. Known for their wonderful food, wine and ambience, as well as outstanding friendly service. One of the best Italian restaurants in the suburbs. Great neighborhood spot.

Growth and Expansion: Local favorite. A real gem. Loyal customer base. Lots of regulars. The go-to place for delicious homemade Italian cuisine. Perfectly situated on a major road. Surrounded by a vast residential area. Sought after northwest suburb. Highly rated and recommended, great reputation to continue to build upon!

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

Number of Employees: 3 + Family Members

Seller Financing: No

Reasons For Selling: Retiring.

Gross Sales: $575,000

Value Of FF&E: Included In Asking Price

 

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