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Listed by:

EatZ & Associates

Broker license number: 471021331

Beloved Long-Standing Breakfast And Lunch Restaurant For Sale

South Suburb of Chicago, Illinois, US
Asking Price:
$225,000 Furniture / Fixtures included
Sales Revenue:
$744,363
Cash Flow:
$74,265

Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming South Suburb of Chicago, IL - 35 Years!

"2024 Gaming Revenue (Locations Take) $161,596"

A classic long-running breakfast and lunch diner offering breakfast all day including a large variety of amazing omelets, hearty skillets, fluffy pancakes/waffles/French toast and more, along with mouth-watering burgers/melts, tasty sandwiches/clubs and sizzling steaks.

Full-service restaurant. Dine-in, pick-up, carryout and 3rd party delivery.

Features a large well-maintained and efficient space with expansive windows, hostess stand, refrigerated display case, long open wait station, convenient counter seating for quick service, as well as ample table and booth seating. Plus, a fully-equipped well-organized commercial kitchen set up for high volumes with its 25ft hood, 6-burner stove w/oven, double-stack ovens, three flat tops, two 2-basket deep fryers, large steam table, walk-in cooler, walk-in freezer and much more.

In addition to a private gaming area with 6 video gaming machines. 2024 gaming revenue (locations take) $161,596!

Well established 35 years. Independent - no royalty, advertising or transfer fees. Owner operated.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please click on the orange Contact Broker button on the right to complete the short contact form. Showings by appointment only outside of business hours.

Listed By EatZ & Associates

Property Information

Real Estate:

Lease

Lease Terms:

Leased space $7,225/mth gross. Current lease expires May 2027 with two 5-year options.

Location:

Prime corner retail space with great signage, high visibility, easy access and ample parking.

Perfectly situated on a high-traffic thoroughfare just off the interstate with over 19,600 vehicles per day. Also, a busy service/retail, municipal and light-industrial corridor with constant vehicle flow.

Plus, close to Metra train stations and Pace bus routes. As well as surrounded by a vast residential area!

Premises Details:

Year Established: 1991.

Seating: 125.

Owners Role: Owner operated (active-day-to-day) - hosts and manages the front-of-the house.

Size in square feet:
4,200

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Currently operating exclusively as a breakfast & lunch establishment (6:30a-1:15p), this restaurant offers significant untapped potential. Its gaming is available till 9p, creating an immediate opportunity to extend food service hours to capture more lunch, as well as dinner traffic to complement its existing gaming business. With the expansion in dining service plus introducing liquor, as well as optimizing food costs, adding events/catering and some local advertising, a new owner could potentially increase their adjusted net income to over $160,000 annually!

Competition / Market:

Longtime local favorite. Beloved establishment. Cherished neighborhood diner. Institution in the community. A staple in the area. Loyal customer base. Tons of regulars for generations!

Offering a wide range of hearty meals in a welcoming atmosphere. Serving delectable all-day comfort food. A comfortable and family-friendly experience. Well known for their combo specials, big skillets and fast friendly service.

Reasons for selling:

Retiring

Trading hours:

Daily 6:30a-1:15p (Gaming 6:30a-9p!)

Employees:
10 (3 Cooks + 5 Servers + 2 Carry-Out Staff)
Years established:
35 Years

Other Information

Support & training:

Negotiable on-site comprehensive training.

Financing available:

No

Related Documents:

Listed by

EatZ & Associates

Broker license number: 471021331

View 71 EatZ & Associates listings