Lake County, IL Diners For Sale

4Home Cookin' with a Twist (reduced price. motivated seller)hands on, freshly made American fare
$500,000 Cash Flow: $95,500
Home Cookin' with a Twist (reduced price. motivated seller)hands on, freshly made American fare

Mundelein, IL

laid back, local restaurant in the northern suburbs of Chicago established in 2008 with 2 partners. a small (50 seats), hands-on operation that allows for extensive interaction with customers and the ability to sustain and enhance the existing loyal and regular following. doors open daily at 7 serving fresh, made to order breakfast, lunch and dinner (Tuesday - Friday) through dine - in, carry out, delivery and catering. the menu is vast but well designed and manageable containing American staples as well as unique items. there is currently no liquor license in place, but one could be readily available. that with the combination of the local gaming license provides and excellent opportunity for considerable additional income. business resides in a stand alone building with parking and easy access to public transportation. there is a metra train station serving hundreds daily within walking distance. surrounding residential areas including 3 multiple unit buildings directly across the street and a strong local commercial presence provide a strong consumer pool to draw from. the municipality is aggressively promoting the area with events, and enhancing appeal through renovation and new projects. although the industry experiences ebbs and flows, it has remained profitable through tough economic times and will continue to do so for the foreseeable future. the transaction would include real estate, assets and inventory. if 100% ownership is too difficult, a 50% buyout is also available and remaining ownership would serve as an excellent stabilizing factor during the transition. the asking price for 50% ownership is $100,000.

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