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Listed by:

EatZ & Associates

Broker license number: 471021331

Popular Longstanding Fast-Food Joint River Grove,IL-26+Years! For Sale

River Grove, Illinois, US
Asking Price:
$99,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Popular Long-standing Fast-Food Joint River Grove, IL - Over 26 Years!

"A Trusted “Go-To” Spot For Residents, Workers & Commuters For Chicago-Style Comfort Food"

An outstanding opportunity to purchase a long-standing local quick-service restaurant well known for its wide selection of classic Chicago-style comfort food and fast-food favorites. A popular casual take-out and delivery-friendly spot with an incredible reputation.

Menu Offerings

  • Italian beef & sausage sandwiches
  • Gyros and burgers
  • Chicago-style hot dogs and fries
  • Chicken (wings, tenders, sandwiches)
  • Combo plates and other staples
  • Sides and quick-serve desserts
  • Daily specials
  • And more…

Simple operation - counter service. Limited dine-in, mostly carryout, pickup and delivery.

Its fully equipped open kitchen includes a large hood, stove w/oven, grill, flat top, 2-basket deep fryer, 2 gyros spits, 3-well steam table, countertop warmer, microwave, refrigerated prep station, meat slicer, blender, walk-in cooler & freezer, 2 coffin freezers, ice machine, soda dispenser station, tabletop beverage cooler, pos system and more.

Long established over 26 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included, but no financials.

Restaurant Strengths

  • Simple menu
  • Strong value positioning
  • Broad demographic appeal
  • Ideal for take-out/delivery
  • Efficient turnkey operation
  • High traffic street presence
  • Well established local following
  • Consistent carryout and delivery activity throughout the day & evening + weekday & weekend

Customer Base

  • Local residents and families (~142,000 residents within a 3-mile radius)
  • Trades/industrial workforce (~110,000 daytime population within a 3-mile radius)
  • Nearby retail and service businesses
  • Delivery radius into surrounding suburbs (~$92,000 average household income)

Growth Opportunities

  • Extending hours
  • Offering catering and group orders
  • Creating a rewards program
  • Enhancing its existing website
  • Expanding online ordering
  • Adding delivery platforms
  • Introducing digital marketing (social media/email)

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:

Lease Information: Leased space - cheap $2,197/mth gross. Current lease expires Sep 2027 with five 3-year options.

Lease Security Deposit: $2,000.

Location:

Prime corner retail space in a busy neighborhood center at a signalized intersection with high traffic counts. Boasts great signage, high visibility, easy access and ample parking.

Perfectly situated on a busy east-west commercial route along with other independent restaurants, taverns and service businesses.

Surrounded by a great mix of dense residential neighborhoods, industrial employers and small-business corridors.

Location Highlights

  • Neighborhood-oriented retail strip
  • Easy accessibility
  • Take-out and delivery friendly
  • High-visibility commercial corridor
  • Strong vehicle traffic (over 20,000 VPD)
  • Dense residential and industrial trade area
Premises Details:

Year Established: 1999 (Current Owner 2024).

Seating: 9 Inside (Bar Stools).

Owners Role: Semi-active - part-time.

Size in square feet:
900

Business Operation

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

Long time local favorite. Proven neighborhood institution. A true staple in the community. A trusted “go-to” spot for residents, workers and commuters. Great local appeal. Broad customer base. Extraordinary name recognition. Strong loyal following. Consistent demand. Impressive repeat business.

Highly rated and recommended, solid reputation to continue to build upon for another 26 years!

Competition / Market:

“It’s The Little Place With The Big Taste”. Vienna hot dogs. All beef burgers. House made beef and soups. Crinkle fries. Well known for their quality comfort food, generous portions and quick friendly service.

Excellent online reviews. Rated 4.8 TripAdvisor, 4.5 Google, 4.5 Yelp and more.

Reasons for selling:

Moving.

Trading hours:

Mo-Sa 11a-8p (Closed Sundays)

Employees:
1 Full-Time & 3 Part-Time
Years established:
Over 26 Years

Other Information

Support & training:

5 days on-site comprehensive training.

Financing available:

No

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$4,000
Related Documents:

Listed by

EatZ & Associates

Broker license number: 471021331