Well Established High Volume Pizzeria NW Subs Est 27+ years

Elmwood Park, IL (Cook County)

Well Established High Volume Pizzeria NW Subs Est 27+ years

Asking Price:$110,000

Cash Flow:$75,000

Gross Revenue:$510,000

EBITDA:N/A

FF&E:$50,000

Inventory:$5,000*

Lease Rate/Sq. Ft.:$30/yr

Established:1990

*not included in asking price.

Well Established High Volume Pizzeria NW Subs Est 27+ years

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Business Description

Established since 1990.. Great opp for an aggressive owner

Featuring deep dish pan pizza, stuffed pizza and create your own pizza. Along with beef & sausage, burgers, pasta, Taylor Street deli subs and more. Plus tasty calzones, wings, rings & appetizers, gourmet salads, chicken, eggplant & shrimp dinners and more. Also kids menu, desserts & beverages.

Fully equipped kitchen with 4 deck ovens. Simple operation - dine in, take out, delivery and catering.

Well established for 26 years, current owners for 17 years!

Can keep the recipes, but will need to change the trademarked logo and use your own website.

Prime retail space in a busy 26,000 sqft strip center. Other popular tenants include Super Cuts, Great American Bagel, Subway, Walgreens and more. Ample parking. Surrounded by Chicago, Oak Park, Elmwood Park & River Forest.

Highly confidential listing, please do not discuss with employees or patrons.

Listed by Tom Traina at EatZ & Associates

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
12/31/2019
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space $3,500/mth all in. Current lease expires 2019 with the option to renew. Square Feet: 1,400. Seating: 16. Days/Hrs of Operation: Su-Mo 3p-10p & Tu-Th 11a-10p & Fr-Sa 11a-11p.
Competition:
The original old world pizza. Serving families since 1963. Quality - all made with the freshest ingredients available. Service - a commitment to service for generations. The holy grail of Chicago pizzas. Best pizza in town. The pizza is consistently exceptional from its crispy crust, tart yet sweet sauce and stringy cheese. Chicago’s #1 Deep Dish Pizza - Chicago Tribune, WGN & CLTV.
Growth & Expansion:
Neighborhood favorite. Best pie anywhere - customers keep coming back for more. Loyal customer base. Great reputation to continue to build upon! Pizza is still one of the fastest growing areas in the food industry today, the pizza segment is a $30+ billion dollar a year industry.
Financing:
No
Support & Training:
One week on-site comprehensive training.
Reason for Selling:
Partner issues.

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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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