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Local Favorite Gyros/Hot Dog/Beef/Burger Joint - Chicago Far N Suburb!

Lake County, IL

Local Favorite Gyros/Hot Dog/Beef/Burger Joint - Chicago Far N Suburb!
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Asking Price: $49,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,478 /Month

Established: 2011

Local Favorite Gyros/Hot Dog/Beef/Burger Joint - Chicago Far N Suburb!

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Business Description

Highly Rated & Recommended, Great Reputation To Continue To Build Upon

Featuring many Greek specialties including gyros, kabobs, falafels, baklava, along Italian beef and sausage, as well as Chicago-style hot dogs, polish and burgers. Also, delicious chicken, fish, pork chops and more. All available in sandwiches, wraps, salads, baskets and entrees. Plus, Coke fountain drinks, bottles and cans.

Simple operation - counter service. Open kitchen. Dine-in, take-out and catering.

Well established over 8 years! Family owned and operated.

Asset sale - no financials.

Prime retail space in an 83,000 sqft modern strip center on busy Grand Ave with over 18,500 vehicles per day. Fantastic tenant mix. Shadow anchored by CVS and Chase Bank. Great visibility and three access points. Ample parking.

The area boasts high traffic volume from businesses and families due to its close proximity to Route 132, as well as being minutes west of the I-94 tollway. Surrounding communities include Waukegan, Kenosha and Libertyville. Population of almost 125,000 within 5 miles. And average household income of approximately $100,000 within 1 mile.

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 Pat Mahoney at EatZ & Associates

Detailed Information

Location:
Lake County, IL
Real Estate:
Leased
Building SF:
980
Lease Expiration:
7/28/2021
Employees:
3 Part-Time
Facilities:
Leased space - cheap $1,478/mth gross. Current lease expires July 2021 with one 5-year option. Square Feet: 980. Seating: 20. Days/Hrs of Operation: Mo-Sa 11a-9p. Value of FF&E: Included in Asking Price.
Competition:
Everything cooked to order. Always fresh, never frozen. Top quality food. Simple the best from their hot dogs to their gyros. Best Greek food in town. The best fast food in the north suburbs. The best gyros in Lake County. The most authentic Greek dishes outside of Greektown. The best gyro and Greek salad in the business. Known for their amazing food and fast friendly service.
Growth & Expansion:
The “go-to” place. Local favorite. Great neighborhood joint. Lots of regulars. Excellent reviews. Highly rated and recommended, great reputation to continue to build upon.
Financing:
No
Support & Training:
Two weeks on-site comprehensive training.
Reason for Selling:
Other opportunities.
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Contact the Seller

(from currently available funds)
 
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Pat Mahoney

Business Listed By:
Pat Mahoney

EatZ & Associates

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Sponsoring Broker:
Tom Traina

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