High-Volume Breakfast & Lunch Restaurant w/Property-Sales $1.5M! For Sale

Property Information

Real Estate:

Real Property Included

Location:

Prime corner retail space in a freestanding building at a busy signalized intersection in the heart of this far south suburb’s primary commercial corridor. Boasts prominent signage, exceptional visibility, easy access and ample parking.

Perfectly situated on one of the area’s most heavily traveled commercial routes with constant daily traffic. Also, a primary north-south artery that benefits from steady commuter traffic and strong local draw.

Surrounded by dense residential neighborhoods, multiple schools, community institutions, professional services, retail centers and other long-time businesses.

Premises Details:

Year Established: 1988

Seating: 137 Inside (Can Seat Up To 150).

Owners Role: Owner operated - supervisory (owner’s son oversees the operation) with a highly experienced staff in place.

Property Information: 4,000 sqft one-story well-maintained freestanding building with a dedicated parking lot and tall pylon sign. Built in 1960. On a large 1.23 acre corner lot (53,706 sqft). Real estate taxes $42,000 a year.

Size in square feet:

4,000

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

Long time local favorite. A standout breakfast and lunch spot. Institution in the neighborhood. Staple in the community. More than just a place to eat-it's a community hub/gathering place. Area gem. Incredible name recognition. A family tradition. Loyal multi-generational customer base. Benefits from both neighborhood dining and commuter traffic. Popular with families, retirees, local workers and commuters. Boasts steady weekday and weekend traffic.

Restaurants with this level of history and recognition are extremely difficult to replicate!

Competition / Market:

Classic Midwest diner. A top choice in the area. A beloved dining destination for locals and visitors alike. Offers a wide variety of delectable breakfast and lunch items all made with quality ingredients. Also, a go-to family dining spot. Cozy atmosphere. Warm and welcoming ambiance. Attentive staff. Well known for their great food, relaxed setting and exceptionally good service.

Highly rated and recommended, solid reputation to continue to build upon!

Reasons for selling:

Retiring.

Trading hours:

Daily 6a-2:30p (No Late Nights)

Employees:

15

Years established:

1988

Other Information

Support & training:

Negotiable on-site comprehensive training.

Financing available:

No

Furniture / Fixtures value:

$150,000 - included in the asking price

Inventory / Stock value:

$15,000

Related Documents:

•   Business Information