Established Sandwich/Coffee shop opportunity

McHenry County, IL

Established Sandwich/Coffee shop opportunity

Asking Price:$188,000

Cash Flow:$90,000

Gross Revenue:$293,000

EBITDA:N/A

FF&E:$75,000

Inventory:$4,500*

Lease Rate/Sq. Ft.:$9

Established:2005

*not included in asking price.

Established Sandwich/Coffee shop opportunity

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Business Description

Established Sandwich/Coffee shop Opportunity

This is a attractive stand alone sandwich shop down town in northern Illinois. Commuter traffic and business people have been frequented since it opened in 2005 as its a popular location for fast casual dining. The shop shares the block with a major bank branch and many local specialty shops. The menu offers a quick breakfast selection and for the balance of the day a sandwich menu that includes Subs, Hamburgers and other trendy menu items.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
11/1/2021
Employees:
2FT & 4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a casual 2800 square foot restaurant with seating for 64 Including the private party room, plus there is seasonable fresco seating. The hours of operation are, Monday and Tuesday 7AM to 6PM, Wednesday through Friday 7AM to 7PM, Saturday 8AM to 2PM and closed Sundays. The rent, cam and taxes are only $2,000.00 per month. The restaurant works in the community by participating in local fairs, festivals and art fairs that also promotes the business and gains new customers.
Competition:
Established Sandwich/coffee shop is located on thorofare with good visibility and seasonal sidewalk seating for great curb appeal. This easy to operate shop is in a strong and growing community with Corporate customers and over 2300 loyalty card customers that are consistent and repeat sales year round.
Growth & Expansion:
This restaurant you can add liquor and a dinner menu to increase revenue. If you keep whats in place you will do just fine. The staff does a great job. This restaurant is known for its catering for local corporate lunches for special events. This seller owns the building. The seller will consider selling the building or get a option to purchase in the lease.
Support & Training:
Seller will train up to 2 weeks or 80 hours on all the aspects of the business. You could learn from a true pro that has been in the restaurant business for over 20 years.
Reason for Selling:
Retirement.

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Mr. Tracy A. Burnidge

Business Listed By:
Mr. Tracy A. Burnidge

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