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Listed by:

EatZ & Associates

Broker license number: 475130647

Beloved Longstanding Breakfast And Lunch Restaurant, Chicago, $1.2M Sales For Sale

Chicago, Illinois, US
Asking Price:
$225,000 Furniture / Fixtures included
Sales Revenue:
$1,200,000
Cash Flow:
Undisclosed

Beloved Longstanding Breakfast & Lunch Restaurant Chicago, IL - $1.2M In Sales!

"At A High-Traffic Intersection Along A Major E-W Arterial Corridor On Chicago’s Northwest Side"

Rare opportunity to acquire long-standing, highly regarded breakfast & lunch restaurant in a dense, high-traffic area of Chicago generating $1.2 million in annual sales.

A Chicago Original

Open since 1968, this neighborhood favorite combines decades of brand recognition, a loyal multi-generational customer base and a fully equipped restaurant with a recently updated interior.

Operating successfully for decades, this iconic business is widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community.

Freshly Updated Interior

Features expansive windows, comfortable counter/table/booth seating, an efficient layout and an efficient commercial kitchen designed to handle high-volume service.

Broad Menu Appeal

And its strong reputation has been built on scratch-made breakfast favorites and classic lunch options driving steady daily traffic and repeat clientele.

Offers delicious omelets, skillets and benedicts, as well as specialty pancakes, waffles, crepes and French toast, plus tasty burgers, sandwiches, wraps, paninis, salads and south of the border favorites. Along with freshly brewed coffee, espresso drinks, hot and iced teas, juices, smoothies and milkshakes. And a kid’s menu.

An Outstanding Opportunity

Long established for over 58 years. Independent - no royalty, advertising or transfer fees. Owner operated. Turnkey with a long-time experienced staff in place!

Highlights:

  • Iconic breakfast & brunch destination for 6 decades
  • Highvolume operation w/efficient kitchen
  • Large 3,950 sqft fullservice restaurant + basement
  • Dine in or out & takeout + catering
  • Accepts group reservations & available for private parties
  • Spacious dining room w/138 seats + sidewalk patio seating
  • Extensive crowdpleasing menu w/broad appeal
  • Strong brand recognition, deeprooted community presence w/loyal repeat clientele spanning generations
  • Excellent wordofmouth & online reputation

Ideal for an experienced restaurant operator seeking an established Chicago location with substantial existing sales and significant infrastructure already in place.

This is a HIGHLY confidential listing. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Information: Leased space $9,000/mth gross. Current lease expires Mar 2029 with two 5-year options.

Lease Security Deposit: $9,000.

Location:

Prime corner retail space in a freestanding mixed-use building with on-site parking (rare for the area) for 22 vehicles. And outstanding signage and visibility along a major thoroughfare.

Perfectly situated at a high-traffic intersection along a major E-W arterial corridor on Chicago’s northwest side, this restaurant benefits from exceptional daily traffic counts, strong visibility and easy accessibility.

Its surrounding trade area is a dense mix of residential neighborhoods, retail corridors and neighborhood commercial nodes, providing a steady flow of customers throughout the day. A highly reliable breakfast/lunch trade area with consistent year-round demand!

The location is particularly well-positioned to capture:

  • Morning commuter traffic
  • Local neighborhood regulars
  • Nearby workforce & service employees
  • Weekend crowds

Additionally, the area is supported by:

  • Its close proximity to major intersections & connecting routes
  • Nearby schools, parks & community anchors
  • A high concentration of singlefamily homes & multiunit residences
  • A strong base of longterm residents w/stable household incomes
Premises Details:

Year Established: 1968 (Current Owner 2024).

Seating: 138 + Sidewalk Patio Seating.

Owners Role: Owner operated - host, expeditor and manages the front of house.

Size in square feet:
3,950 SqFt + Basement

Business Operation

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

Highly rated and recommended, solid reputation to continue to build upon for another 60 years!

Also, the opportunity to further increase sales by:

  • Expanding operating hours existing kitchen & seating could support dinner service
  • Promoting weekend brunch highlight specialty dishes, group reservations & family dining
  • Adding glutenfree, dairyfree and allergen options,
  • Introducing new beverages specialty coffee, smoothies & potentially alcoholic brunch beverages to enhance revenue
  • Increasing catering target offices, schools, community organizations & private events
  • Modernizing digital presence & strengthening online ordering capture more takeout business & encourage more repeat orders
  • Leveraging 3rdparty delivery potentially reach additional customers beyond the dining room
Competition / Market:

A wonderful classic diner-style breakfast and lunch restaurant. Their delicious menu appeals to a wide demographic, driving steady traffic throughout the day and week. Widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community and beyond.

Longtime local favorite. Long-established neighborhood institution. Decades of continuous operation with deep roots in the community. A beloved diner for almost 6 decades. Iconic breakfast & brunch destination with a loyal repeat clientele. A legacy restaurant with tremendous brand recognition.

Also, a prime high-visibility location in one of Chicago’s most densely populated and consistently active trade areas!

Reasons for selling:

Other interests.

Trading hours:

Daily 7a-3p

Employees:
10 Full-Time & 5 Part-Time
Years established:
58

Other Information

Support & training:

Two-four weeks on-site comprehensive training.

Financing available:

No.

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$10,000
Related Documents:

Listed by

EatZ & Associates

Broker license number: 475130647