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Well Established Pizzeria & Italian Restaurant Chicago Northside - Old Irving Park!

Chicago, Illinois
Well Established Pizzeria & Italian Restaurant Chicago Northside - Old Irving Park!
Asking Price:$100,000
Gross Income: $650,000
Monthly Rent: $6,500
Value Of FF&E: $100,000
Real Estate: N/A
Year Established: 1997
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

Serving freshly made thin & stuffed pizzas, along with pastas, salads, burgers, sandwiches, dinners, sides, desserts and more.  Kids meals.

Full service.  Liquor license.  Warm and inviting interior.  Cozy atmosphere.  Flat screen TV’s to watch sporting events.

Turn-key.  Dine in, take out and delivery, plus catering.  Online ordering.

Fully equipped kitchen includes 15ft exhaust hood, Faulds revolving pizza oven, 6 burner stove with oven, dough roller & mixer, pizza prep table, walk-in cooler, back bar cooler, POS system and much more.

Asset sale - no financials.  Also no royalty, advertising or transfer fees.  Part of a local chain, can keep the name and menu or re-brand.

Highly confidential listing, please do not discuss with employees and patrons.

 

Detailed Information

County: Cook

Location: Prime retail space in a freestanding building with it’s own parking lot on a major road. Surrounded by a large commercial and residential area. Perfectly situated in Old Irving Park, a wonderful neighborhood within Chicago’s Irving Park community. It’s the best of both worlds - the conveniences of the city combined with the charm of the suburbs. A great urban setting, just 10 minutes from downtown and O’Hare airport. Boasts a strong, tight-knit community of neighbors that love their pizza and Italian food!

Facilities: Leased space $6,500/mth includes rent, CAM, insurance and taxes. Lease terms negotiable. Square Feet: 4,000. Seating: Ample. Days/Hrs of Operation: Su-Th 11a-11p & Fr-Sa 11a-12m.

Competition: A family-friendly, traditional Italian pizzeria and restaurant. Features a classic Italian menu. Great place to have lunch or dinner with family and friends or to watch the game.

Growth and Expansion: Perfect neighborhood spot. First restaurant established in 1950, currently 6 locations in the Chicagoland area.

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

Seller Financing: No

Reasons For Selling: Retiring.

Value Of FF&E: $100,000

 

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