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Popular Penn Station Subs Franchise Skokie, IL - Village Crossing!

Skokie, Illinois
Popular Penn Station Subs Franchise Skokie, IL - Village Crossing!
Asking Price:$65,000
Gross Sales: $393,760
Cash Flow: $13,454
Monthly Rent: $6,250
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2015
Status: New Listing

Contact Details

Contact Name: Tom Traina

Contact Email: sales@eatz-associates.com

Contact Phone: 847-651-3834

Contact Fax: 888-673-3045

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Business Description

Well known for their delicious hot grilled & cold made-to-order submarine sandwiches with high-quality ingredients on freshly baked bread, fresh-cut fries, hand-squeezed lemonade and chocolate chunk cookies baked fresh onsite. Renowned for their legendary Philadelphia Cheesesteak Sub sandwich!

Everything prepared fresh in full view of each customer. Choice of classic, steak, chicken, Italian, lighter subs, cold deli or create your own. Also wraps and salads. Other sides include chips and cheese bread. Also, fresh brewed iced tea and fountain drinks. Monthly specials. Kids meals. Rewards program.

Fast-casual atmosphere. Simple operation - counter service. Dine-in, take-out and catering. Catering menu features party trays, boxed lunches, fresh-baked cookies, drinks by the gallon and chips. Great for business events or social gatherings.

Established location for over 5 years. Owner operated. Sales up year over year!

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 Village Crossing, a busy 722,457 sqft power retail center with 57 retailers at the highly trafficked intersection of W Touhy Ave & Carpenter Rd. Other popular tenants include Altitude Trampoline, Park Bank of America, Barnes & Noble, Bed Bath & Beyond, Best Buy, Buffalo Wild Wings, Chuck E. Cheese's, Dick's Sporting Goods, Five Below, Jewel-Osco, Michaels, OfficeMax, PetSmart, Pier 1 Imports, Red Robin, Tilted Kilt Pub & Eatery, ULTA and more. As well as an 18-screen AMC Theatres! Perfectly situated in the densely populated area of Skokie and Niles on Chicago’s North Side with over 577,000 people within a 10-minute drive.

Facilities: Leased space $6,250/mth gross. Current lease expires Dec 2025. Square Feet: 1,586. Seating: 44. Days/Hrs of Operation: Mo-Sa 11a-10p & Su 11a-9p.

Competition: Quality products. All sandwiches prepared fresh using delicious hearth-baked bread, USDA Choice Steak and the finest meats, cheeses and vegetables. Their potatoes hand selected, fresh-cut and flash-fried in cholesterol-free peanut oil. Their lemonade made from scratch every day using hand-squeezed lemons. Recent National Rewards: * #37 Entrepreneur Magazine, 2017 Franchise 500 * 2016 Best Franchise Deals - QSR Magazine * 50 Big Franchise Success Stores - America’s Star Franchisees 2016 * Best Sandwich Brand - Nation’s Restaurant News, Consumer Picks 2015 * One of the Best Franchises to Buy - Forbes * #1 Ranked Sandwich Concept - Nation’s Restaurant News Plus, many local awards!

Growth and Expansion: First store opened in 1985, began franchising in 1987. Currently operating 313 franchised stores in 15 states. Strongly positioned in the growing sandwich sector with a fiercely loyal and growing customer base. Highly rated and recommended.

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

Number of Employees: 5

Inventory: $5,000

Seller Financing: No

Reasons For Selling: Retiring

Gross Sales: $393,760

Value Of FF&E: Included In Asking Price

 

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