3 High Volume Well-Established Fast-Food Restaurant Chain w/Properties

Rockford, IL (Winnebago County)

3 High Volume Well-Established Fast-Food Restaurant Chain w/Properties
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Asking Price: $3,977,000

Cash Flow: $536,256

Gross Revenue: $3,668,766

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1998

3 High Volume Well-Established Fast-Food Restaurant Chain w/Properties

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Business Description

Already Pre-Approved For SBA Financing!!

Serving delicious gyros, Italian beef & sausage, pure beef hot dogs, char-broiled burgers, grilled chicken, specialty sandwiches, hot & cold subs, wraps, clubs, ribs, salads, soups, sides, desserts and more. Daily specials. Kids meals. Plus, Pepsi fountain drinks and milkshakes.

Simple operations - counter service. Dine-in, plus HUGE carry-out and delivery business. Many deliveries to businesses, offices and manufactures in the area!

Each in a freestanding building on a major street with excellent street frontage, great signage, fantastic visibility, high traffic counts, easy access, inside & outside seating, drive-thrus and ample parking. Well-established locations, 10, 11 and 21 years! Family friendly.

All feature fully-equipped professional kitchens with large hoods, walk-in coolers and freezers. Plus, offices, storage rooms and more. And each efficiently set up for large volumes.

Independent - no royalties, advertising or transfer fees. Family owned and operated. Turnkey operations.

Locations:

Belvidere - Brand new building in 2017 due to major growth! Well located on the primary street of this growing community. Close to the post office and just down the street from several car dealerships, as well as other popular franchises: Arbys, KFC, McDonalds, Taco Bell, Jimmy Johns, Culvers and more. Densely populated region - surrounded by many homes and businesses. Ten out of Boone County’s thirteen leading employers are located in Belvidere! Boasts lots of carryout and delivery to the Chrysler Plant and many other manufacturers, businesses and offices in the area.

Rockford - Conveniently located in Rockford’s top east-west retail corridor just off of I-90 on State St/Hwy 20, the main street/major highway running through this growing far northwest city. Perfectly situated between Rockford University and OSF Saint Anthony Hospital. In close proximity to prime retailers such as Burlington, Dick’s Sporting Goods, Target, Hobby Lobby, Aldi, Ross, Best Buy, Lowe’s, Sam’s Club, Walmart and more. Surrounded by a flourishing commercial and residential area.

Machesney Park - Ideally located just north of Rockford and south of Rockton/Roscoe in the midst of the booming 173 Retail Corridor - the fastest growing area of retail and dining in the greater Rockford area. This regional shopping area boasts a long list of national retailers: Starbucks, Lens Crafters, Bed Bath and Beyond, Target, Michael's, Panera, PetsMart, Khols, Hallmark, Maurices, Famous Footwear, Lowe's, Fashion Bug, Taco Bell, TJ Maxx, Sprint, Home Depot, Gordman's, Office Max and much more. Also, a 14-screen movie theater and close to the famous Rockford Speedway.

Area In General - Rockford is the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!

Feel free to stop by the locations as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons.

If interested, contact EatZ for more information. Showings by appointment only.

Listed By Ted Aretos at EatZ & Associates/ Z Real Estate Group / American Realty Network Inc

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
9,640
Employees:
70
Facilities:
All three businesses and properties included in the asking price, plus a 4th property: a buildable/leasable pad in a prominent location anchored by Aldi and FedEx, just across the street from KFC, Target, Home Depot, Chipotle, plus many other big box retailers. This additional pad has interest from several national tenants! Square Feet: 3,440 + 3,200 + 3,000 = 9,640. Seating: 124 + 114 + 104 = 324. Days/Hrs of Operation: Daily 10:30a-10p. Value of FF&E: Included in Asking Price.
Competition:
Top three places to eat in the Rockford metropolitan area. Each ideally located. The “go-to” places for delicious food! Great American food restaurants. Finest Chicago dog around. King of the gyros. Best food in town. Only places in the area to get authentic Chicago-style food. Amazing fast food. Extensive menu. Everything fresh made-to-order. High quality ingredients. Known for their friendly service.
Growth & Expansion:
Highly successful local chain. Excellent brand name recognition. Hugely popular. Local favorites. Lots of regulars. Well loved by many. All prime locations on busy streets in growing areas. Well established locations. Staples in the area. Loyal customer base. A steady business with a strong sales history. All highly rated and recommended, great reputation to continue to build upon. Also a great opportunity to grow the chain and expand the concept to additional nearby markets.
Financing:
No, but already pre-approved for SBA financing.
Support & Training:
At least two weeks on-site comprehensive training. As long as it takes to transition smoothly.
Reason for Selling:
No, but already pre-approved for SBA financing.
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(from currently available funds)
 
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Ted Aretos

Business Listed By:
Ted Aretos

EatZ & Associates

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Sponsoring Broker:
Tom Traina

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