Popular Well-Established Drive-In Diner Ogle County - With Property!

Ogle County, IL

Popular Well-Established Drive-In Diner Ogle County - With Property!
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Asking Price: $449,000

Cash Flow: $70,863

Gross Revenue: $400,292

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Real Estate: N/A

Established: 1982

*not included in asking price.

Popular Well-Established Drive-In Diner Ogle County - With Property!

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Business Description

Well known for their delicious burgers, dogs and desserts! Along with tasty sandwiches, combos, sides, salads, chicken & fish dinners and more. Also featuring 20 flavors of ice cream, both soft serve and hand packed, as well as flurries, floats, shakes, malts, sundaes and splits.

Well established over 37 years. Current owners 14 years. Family owned and operated, plus full-time manager in place.

Dine-in, on the deck/patio with walk-up window or in your car. A seasonal business only open about 7 months a year - April through mid-November. Many fun cruise nights and special events throughout the season.

Location: Prime retail space in cool freestanding building with 6 car hops and parking for another 20 vehicles. Perfectly situated on the major route running through town between the Rock River and the busy downtown.

Located in a far west suburb of Chicago nestled in the Rock River Valley with amazing outdoor activities and the best festivals in Northern Illinois. A great community with unique outdoors, parks, arts, events and history!

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 & Pat Mahoney at EatZ & Associates

Detailed Information

Location:
Ogle County, IL
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,500
Employees:
1 Full & 22 Part
Facilities:
Taxes $4,500/year. Well maintained. New sign 2 years ago and new roof 4 years ago. Square Feet: 1,500 (+ Full Basement). Seating: 40. Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p. Value of FF&E: Included In Asking Price.
Competition:
One of a kind. A step back in time. Nostalgic 50’s and 60’s rock & roll theme. Fun retro vibe. Cool car hop service. A real drive-in joint. Everything made-to-order. Great food. “Best Grilled Butter Bun Burger Around.” Awesome music on the juke box. House made ice cream and root beer. Known for their friendly service.
Growth & Expansion:
Well established for over 32 years! A real gem. Local favorite. Loved by many. Lots of regulars. 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 interests.
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Contact the Seller

(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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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