Japanese Ramen Restaurant Affluent NW Suburb-high-traffic Corridor For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Lease Information: Leased space $5,734/mth gross. Current lease expires Sep 2027 with one 5-year option.

Lease Security Deposit: $9,960.

Location:

Standout Location

Situated in an established retail center along the heavily traveled Milwaukee Ave dining corridor, the restaurant benefits from excellent street visibility, prominent storefront signage, convenient access and shared surface parking. Milwaukee Ave carries ~30,300 vehicles daily, with nearby Lake Cook Rd providing additional traffic and regional connectivity.

Adjacent A Large Hotel

A major advantage is the 412-room upscale hotel directly behind the shopping center, offering a built-in source of potential customers from overnight guests, business travelers, conferences, weddings and special events. The hotel also features approximately 44,000 sqft of meeting and event space, creating opportunities for guest dining, carryout, group meals and catering.

Also A Major Retail Corridor

The surrounding retail environment adds to the location's appeal, with a mix of established restaurants, coffee shops, personal services and national retailers drawing customers throughout the day. Nearby dining destinations include Cooper's Hawk Winery & Restaurant, while Starbucks, Target and other major retailers serve the surrounding trade area. The corridor has long been recognized as a destination for dining, attracting customers from neighboring northwest and north suburban communities.

With Compelling Demographics

Within 3 miles, ~83,954 residents enjoy an average household income of $147,519, while 70,350 employees work at 3,567 businesses. This combination of affluent households, a substantial daytime workforce, hotel visitors and regional restaurant traffic provides a broad potential customer base for lunch, dinner, carryout and delivery.

Premises Details:

Year Established: 2023.

Seating: 45 Inside + Bench Seating Outfront.

Owners Role: Absentee multi-unit owner - store leader runs the operation day-to-day.

Size in square feet:

1,296

Business Operation

Management type:

This business has absentee ownership.

Expansion Potential:

The opportunity extends well beyond traditional dine-in service. A motivated owner-operator can introduce a fresh Japanese ramen, udon or noodle concept, develop signature dishes and expand the menu with rice bowls, appetizers, vegetarian selections and seasonal specialties. The existing open kitchen and specialized cooking equipment provide a strong foundation for a focused, high-quality menu.

Additional opportunities include strengthening 3rd-party delivery and online ordering, developing corp lunch and catering programs, creating family meal packages and introducing loyalty incentives to encourage repeat business. Targeted marketing to nearby employers and hotel guests could help capture additional weekday lunch, evening and group dining demand.

The lease also permits alcoholic beverage service incidental to food, subject to obtaining the required licenses, offering potential for Japanese beer, sake and other complementary beverages.

An engaged owner-operator can build local relationships, strengthen community awareness and develop a distinctive independent restaurant brand.

At $99,000, this is an opportunity to acquire an extensively improved, fully equipped restaurant in a highly desirable northwest suburban dining corridor at a fraction of the cost and time typically associated with a new restaurant build-out!

Competition / Market:

The northwest suburban dining market offers a strong mix of established restaurants, diverse international cuisines and customers seeking convenient, high-quality meals. Japanese ramen occupies an appealing specialty niche, offering a distinctive alternative to traditional burgers, pizza, sandwiches and other fast-casual concepts.

The area's restaurant concentration is an advantage for an operator with a well-positioned concept. Established dining destinations attract customers to the corridor, while nearby offices, businesses, residential neighborhoods and the adjoining hotel create opportunities for both repeat visits and new customer discovery.

The existing restaurant has demonstrated customer interest in Japanese noodles and specialty dishes, with a substantial history of online reviews and delivery-platform activity. A new owner can capitalize on the location's established restaurant use while introducing their own identity, recipes and customer experience.

Reasons for selling:

Pursuing other ventures.

Trading hours:

Daily 11a-10p

Employees:

3 Full-Time & 3 Part-Time

Years established:

3 Years

Other Information

Support & training:

N/A

Financing available:

No.

Related Documents:

•   Business Information