Dog N Suds Drive-in With Property Grayslake, IL - Rare Opportunity!

Grayslake, IL (Lake County)

Seller Financing Available
Dog N Suds Drive-in With Property Grayslake, IL - Rare Opportunity!
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Asking Price: $699,000

Cash Flow: $120,000

Gross Revenue: $370,609

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1963

Dog N Suds Drive-in With Property Grayslake, IL - Rare Opportunity!

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Business Description

Now Open!

Serving delicious classic American foods including hot dogs, burgers, chicken, wraps, specialty sandwiches, sides, drinks and floats. Also kids meals.

Dine outside, car hop service or to go. Also call-in orders.

A thriving, successful business for 55 years. Current owner for 23 years. Only open 7 months a year (Late February - Late September) - winter's off - 5 months of free time! No royalty, advertising or transfer fees. Asking price also includes a concession trailer, currently operated at 3 festivals a year.

Location: Prime retail space in a freestanding building on 1/2 acre with plenty of parking on busy Center St just west of Route 83.

Feel free to stop by the location 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 Tom Traina at EatZ & Associates / American Realty Network Inc

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
1,700
Employees:
25 Part-Time
Facilities:
Property: Approximately 25,000 SqFt ~ 1/2 Acre. Real estate taxes $11,718. Square Feet: 1,500 + 200 SqFt Basement. Seating: 30 + Car Spots. Days/Hrs of Operation: Daily 11a-9p. Value Of FF&E: Included in Asking Price.
Competition:
So Dog-Gone Good! An original. A classic drive-in. Fun retro car hop service. One of the few remaining, there are three others in Illinois and fourteen altogether. An iconic part of American culture. Boasts "World Famous" root beer, root beer floats, Coney dogs, Texas burgers and homemade cole slaw. "The World's Creamiest Root Beer." Everything cooked fresh to order. Known for their fast and friendly service. Highly rated and recommended.
Growth & Expansion:
Well established. A stable in the community. Has stood the test of time. A longtime favorite. Lots of regulars for generations. Serving between 65,000 and 70,000 customers every season.
Financing:
Possibly, to a well-qualified buyer with a minimum of $350,000 down.
Support & Training:
Two weeks on-site comprehensive training.
Reason for Selling:
Retiring.
Franchise:
This business is an established franchise
Business Website:
http://dognsudsgrayslake.com
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Business Location


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(from currently available funds)
 
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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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