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High Volume Independent Pizzeria w/Gaming Chicago Far NW Suburb - Sales $936,120!

Chicago Northwest Suburb, Illinois
High Volume Independent Pizzeria w/Gaming Chicago Far NW Suburb - Sales $936,120!
Asking Price:$575,000
Gross Income: $936,120
Cash Flow: $257,649
Monthly Rent: $4,995
Value Of FF&E: Included in Asking Price
Real Estate: N/A
Year Established: 1986
Status: For Sale

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

Specializing in delicious pizzas made to order!  Traditional thin, pan, deep dish and large party pizzas, plus pizza by the slice.  Also tasty appetizers, sides, salads, sandwiches, grinders and pasta.

Dine-in, take-out and delivery.  Plus catering for parties, business meetings, family gatherings and picnics.

Nice cozy interior.  Casual atmosphere.  Full bar with 5 beers on tap and big screen TVs.

5 gaming machines.  2017 gaming revenue (locations take) over $125,000!

Independent, no royalty, adverting or transfer fees. Family owned and operated.

Bank financing will require a minimum of $250,000 down.

This is a highly confidentially listing, need to sign a non-disclosure with EatZ for more information.  Showings by appointment only.

 

Detailed Information

County: Lake

Location: Prime retail space in a busy 28,000 sqft shopping center on the major route running through town. Other popular tenants include a cleaners, dentist, bakery, nail salon and more. Near all major retailers. Surrounded by a vast residential area.

Facilities: Leased space $4,995/mth includes rent, CAM, insurance and taxes. Current lease expires in Nov 2025 with the option to renew. Square Feet: 2,800. Seating: 35. Days/Hrs of Operation: Daily 11a-9:30p.

Competition: The best pizza, pasta, grinders, sandwiches & salads around, in town, Lake county and the Chicagoland area! Featuring hand-tossed crusts, tangy sauce and fresh ingredients. Everything house made. Known for their amazing food and friendly service. Highly rated and recommended on Google, Yelp, Facebook, etc.

Growth and Expansion: Great neighborhood pizza joint. The go-to pizza place. Local favorite. Lots and lots of regulars. Solid customer base to continue to build upon.

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

Number of Employees: 14

Seller Financing: No

Reasons For Selling: Retiring.

Value Of FF&E: Included in Asking Price

 

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