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Listed by:

EatZ & Associates

Broker license number: 471021331

Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint-31 Years! For Sale

Northwest Suburb of Chicago, Illinois, US
Asking Price:
$350,000 Furniture / Fixtures included
Sales Revenue:
$924,823
Cash Flow:
Undisclosed

Very-High Volume Longstanding Gyros/Beef/Burgers/Hot Dog Joint Sought-After Northwest Suburb of Chicago - 31 Years!

"Area Gem - Staple In The Community - Beloved Institution"

An outstanding opportunity to purchase a classic fast-food joint on one of the northwest suburbs’ most active commercial corridors.

Specializing in delicious gyros off-the-spit, Italian beef & sausage deli & hot sandwiches, submarines, Vienna hot dogs, charbroiled burgers, charbroiled, rotisserie & broasted chicken, bbq back ribs, buffalo wings, homemade soups, fresh salads, tasty sides and other Chicago-style and Mediterranean-inspired favorites. Along with fountain drinks, shakes, bottled beer and wine. Plus, everyday/daily specials and a kid’s menu.

Simple operation - counter service. Dine-in, carryout, pickup and 3rd party delivery, plus huge catering business. Online ordering also available.

Ample seating at both booths and tables, tv’s to watch all the games and 2 games for the kids.

As well as an open kitchen featuring a large hood, 3 gyros spits, 2-burner stove/flat-top w/oven, char grill, 2 deep fryers (4 baskets), meat slicer, shake machine, beverage fridge, ice machine and much more.

Well established 31 years. Independent - no royalty, advertising or transfer fees. Family owned and 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 $5,885/mth gross (trash also included). Current lease expires Jan 2028 with three 5-year options.

Lease Security Deposit: $2,800.

Location:

Prime retail space in a busy strip center on a primary commercial corridor and major east-west thoroughfare with over 29,000 vehicles per day.

Benefits from nearby established retail/service businesses and exceptional daily traffic, plus is minutes from its thriving downtown and busy Metra station, as well as being surrounded by a dense residential area and a strong daytime workforce.

Located in a sought-after northwest suburb just 30 miles from Chicago’s loop and 14 miles from O’Hare airport. This highly-desirable suburb has a great mix of commercial, light industrial, office space, residential and many award-winning schools.

Location Highlights:

  • Easy access from multiple directions
  • Exceptional exposure on primary commercial corridor
  • Also a popular dining corridor with steady lunch and dinner traffic
  • High visibility along a major thoroughfare with strong daily traffic counts from continuous commuter traffic moving between suburbs
  • Convenient access to other major commercial corridors, key arteries, regional routes and the interstate
  • Just minutes from its bustling downtown and Metra station with 2,400 weekday commuters
  • Close to retail centers, offices, sports facilities and community amenities
  • Near two large high schools and a significant community college
  • Surrounded by a dense residential neighborhood of homes, townhouses, condos and large apartment communities
Premises Details:

Year Established: 1995 (Current Owner 1997).

Seating: 80 Inside & 20 Outside.

Owners Role: Family owend and operated - active day-to-day.

Size in square feet:
2,900

Business Operation

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

Longtime local favorite. Beloved institution. Longstanding neighborhood spot. Staple in the community. Area gem. The ‘go-to” fast-food joint. Strong brand recognition and foundation. Has built a loyal following among local residents, nearby businesses and commuters. Tons of regulars for generations!

Highly rated and recommended, excellent reputation to continue to build upon. Plus, even more room to increase sales with additional social media/digital marketing, opening on Sundays, adding a full bar and video gaming!

Competition / Market:

Amazing Chicago-style comfort food. Everything made-to-order hot and fresh. Plus top notch catering. Old school joint. Laid back atmosphere. Family friendly. Their broad appeal attracts shoppers, families, students, office workers and more. Well-known for their high-quality fast-food and quick friendly service!

Reasons for selling:

Retiring.

Trading hours:

Mo-Sa 10p-9p (Closed Sundays)

Employees:
5 Full-Time & 1 Part-Time
Years established:
31 Years

Other Information

Support & training:

Four weeks on-site comprehensive training.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes, to a well-qualified buyer with a minimum of 50% down.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$12,000
Related Documents:

Listed by

EatZ & Associates

Broker license number: 471021331

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