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Advert Ref: 3384

Established Fast Food Restaurant For Sale

Chicagoland, Illinois, United States

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Details: Asking price:$30,000; Sales revenue:$271,002; Net profit:$111,240; Fixtures value:$100,000; Inventory value:$1,500

Business description: Unusual opportunity for individual that can take action quickly. Absentee owner’s full-time employment causes them to reduce asking price to $30K. The business has struggled in 2008, but has remained profitable. The furniture, fixtures, and equipment is valued at over $100K. Inventory of $1,500 included. The original build out was done by Carlson (TGI Fridays Parent Company) in 2004. Granite counter tops and stainless steel kitchen including walls and ceiling. Ceramic tile in bathroom, floor to ceiling. Custom build out includes built-in refrigeration with a walk-in cooler and freezer.
Located on the end cap of a single story retail building facing a busy thoroughfare in the western-northwest suburbs. Signage is visible to the 35,000+ vehicles daily, per the Illinois Department of Transportation . Surrounded by businesses in an upscale, newer, destination shopping mall. Seating for 28 inside, plus an attached 3-season patio that seats 20 more. Comfortable seating, including five booths equipped with individual flat screen television sets, plus a 36” Television above. The business comes as a fully equipped, turnkey operation for its new owner. All the fixtures, vendor lists, menus, and already-booked catering gigs are included in the price. Sandwiches include Italian beef and sausage, Chicago dogs, gyros, burgers, and chicken along with ice cream. Approx. 1,300 sq. ft. space plus 400 sq. ft. patio area, with adequate parking in front, plus additional parking on side. Four years remaining on five year lease @ $4,373. Surveillance system with an at-home visibility of the facility through a personal computer and a state-of-the-art POS system.

General information: Years established:5; Employees: 4; Real Estate: