Tupelo Data Room
Coffee Shops & Cafes
Active

Longstanding Hugely Popular Café Chicago, IL - Over 29 Years!

Chicago, Cook County, Illinois, United States
Asking Price$299k
Revenue$1.54m
EBITDA$104k
Cash Flow$104k
Description
Longstanding Hugely Popular Restaurant & Café Chicago, IL - Over 29 Years! "On A Lively Stretch Of A Major N-S Artery/Busy Mixed-Use Corridor Filled With Boutiques, Coffee Shops, Restaurants, Bars, Entertainment Venues & Much More" Offering an eclectic menu of amazing vegan, vegetarian, gluten free and meat friendly dishes for breakfast, brunch, lunch and dinner. Including breakfast staples, brunch favorites, soups, salads, sandwiches, wraps, personal pizzas, full plates, munchies and more. As well as shakes and mouth-watering desserts. In addition to a huge selection of cocktails and bottled beers, plus fresh-squeezed mimosas, kitchen-made bloody Marys and boozy shakes. Full-service restaurant. Breakfast served all day & night and brunch on Saturday and Sunday. Dine-in, takeout and 3rd party delivery. Also, gift certificates. Boasts a charming storefront presence along with a retro interior adorned with vintage pieces, neon accents, pops of color and playful touches. Plus, a lively dog-friendly sidewalk patio out front. Well established over 29 years. And with the current owners over 23 years. Independent - no royalty, advertising or transfer fees. Relocated just a mile away and remodeled 6 years ago. Owner operated plus a full-time manager in place. Consistent sales year after year after year! Prime retail space in a freestanding building with 1st floor retail and several condos above. Enjoys great signage, high visibility and ample foot/vehicle traffic. Also features large street-level windows and outdoor seating, giving it a warm, “living storefront” vibe that attracts both locals and visitors alike. Plus, easy metered street parking as well as several paid parking lots nearby! Perfectly situated on a lively stretch of a major north-south artery and busy mixed-use corridor filled with boutiques, coffee shops, restaurants, bars, entertainment venues and much more. A major draw for foot traffic day and night: popular with locals, night-owl diners and transit riders, thanks to nearby CTA bus routes and its proximity to Red Line stations. Also, a bike-friendly neighborhood! Well positioned on this bustling street celebrated for its vibrant food scene and indie spirit. In a wonderful area of the city that combines historic charm with newer developments including classic Chicago 2-flats, courtyard buildings and multi-unit apartment buildings, attracting a mix of locals, creatives and food lovers. Plus, a large number of young professionals, long-term residents and more. Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours. Listed By Tim Ryan at EatZ & Associates
Real Estate
Rent is $5,217 per month
Building Size: 2039 sq. ft.
Furniture Fixtures & Equipment
$150k
Inventory
$15k
Number of EmployeesFull-Time: 10Part-Time: 8
Year Established
1997
Reason Selling
Possibly moving out of state.
Facilities & Assets
Owners Role: Owner operated - active day-to-day + full-time general manager. Square Feet: 2,039. Seating: 84 Inside & 16 Outside. Days/Hrs of Operation: Mo-Fr 10a-10p, Sa 8a-11p, Su 8a-10p. Year Established: 1997 (Current Owners 2003). Lease Information: Leased space $5,217/mth gross (also includes water). Current lease expires Jan 2030 with one 5-year option. Very tenant-friendly lease.
Support & Training
Open to discuss.
Market & Competition
A vibrant, inclusive, comfort-food haven. One of the earliest cafés in Chicago to embrace vegan and vegetarian fare, while still catering to meat eaters. Something for everyone. Caters to brunch-goers, lunch crowds, dinner groups and night owls. Top notch fare. Big, hearty dishes. Indulgent vegan/vegetarian comfort food. Also, cherished for its quirky retro decor, welcoming atmosphere and cozy vibe. And fabulous sidewalk seating, ideal for al fresco dining and engaging with the energetic street vibe. Plus, known for their warm friendly service!
Growth Opportunities
Longtime favorite. Beloved restaurant. Iconic café. A Chicago landmark. An institution in the community. The go-to breakfast/brunch/lunch/dinner/late-night bite hangout. Also, a convenient pre-show or post-meal stop. Sought-after staple in a dynamic neighborhood. In the heart of one of Chicago’s most vibrant walkable districts, a “walker’s paradise”. A+ in walkability and transit access! Highly rated & recommended, stellar reputation to continue to build upon. Plus, loyal customer base. And a steady stream of regulars within walking distance!
Financing Options
No.
Related Categories
Coffee Shop for Sale
Business for Sale in Illinois
Asking Price$299k