Tupelo Data Room
Delis & Sandwich Shops
Active

Popular Longstanding Fast-Food Joint River Grove, IL - Over 26 Years!

River Grove, Cook County, Illinois, United States
Asking Price$99k
Revenue-
EBITDA-
Cash Flow-
Description
Popular Longstanding Fast-Food Joint River Grove, IL - Over 26 Years! "A Trusted “Go-To” Spot For Residents, Workers & Commuters For Chicago-Style Comfort Food" An outstanding opportunity to purchase a long-standing local quick-service restaurant well known for its wide selection of classic Chicago-style comfort food and fast-food favorites. A popular casual take-out and delivery-friendly spot with an incredible reputation. Menu Offerings • Italian beef & sausage sandwiches • Gyros and burgers • Chicago-style hot dogs and fries • Chicken (wings, tenders, sandwiches) • Combo plates and other staples • Sides and quick-serve desserts • Daily specials • And more… Simple operation - counter service. Limited dine-in, mostly carryout, pickup and delivery. Its fully equipped open kitchen includes a large hood, stove w/oven, grill, flat top, 2-basket deep fryer, 2 gyros spits, 3-well steam table, countertop warmer, microwave, refrigerated prep station, meat slicer, blender, walk-in cooler & freezer, 2 coffin freezers, ice machine, soda dispenser station, tabletop beverage cooler, pos system and more. Long established over 26 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included, but no financials. Restaurant Strengths • Simple menu • Strong value positioning • Broad demographic appeal • Ideal for take-out/delivery • Efficient turnkey operation • High traffic street presence • Well established local following • Consistent carryout and delivery activity throughout the day & evening + weekday & weekend Customer Base • Local residents and families (~142,000 residents within a 3-mile radius) • Trades/industrial workforce (~110,000 daytime population within a 3-mile radius) • Nearby retail and service businesses • Delivery radius into surrounding suburbs (~$92,000 average household income) Growth Opportunities • Extending hours • Offering catering and group orders • Creating a rewards program • Enhancing its existing website • Expanding online ordering • Adding delivery platforms • Introducing digital marketing (social media/email) Prime corner retail space in a busy neighborhood center at a signalized intersection with high traffic counts. Boasts great signage, high visibility, easy access and ample parking. Perfectly situated on a busy east-west commercial route along with other independent restaurants, taverns and service businesses. Surrounded by a great mix of dense residential neighborhoods, industrial employers and small-business corridors. Location Highlights • Neighborhood-oriented retail strip • Easy accessibility • Take-out and delivery friendly • High-visibility commercial corridor • Strong vehicle traffic (over 20,000 VPD) • Dense residential and industrial trade area 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 $2,197 per month
Building Size: 900 sq. ft.
Furniture Fixtures & Equipment
$50k
Inventory
$4k
Number of EmployeesFull-Time: 1Part-Time: 3
Year Established
1999
Reason Selling
Moving.
Facilities & Assets
Year Established: 1999 (Current Owner 2024). Square Feet: 900. Seating: 9 Inside (Bar Stools). Days/Hrs of Operation: Mo-Sa 11a-8p (Closed Sundays). Lease Information: Leased space - cheap $2,197/mth gross. Current lease expires Sep 2027 with five 3-year options.
Support & Training
5 days on-site comprehensive training.
Market & Competition
“It’s The Little Place With The Big Taste”. Vienna hot dogs. All beef burgers. House made beef and soups. Crinkle fries. Well known for their quality comfort food, generous portions and quick friendly service. Excellent online reviews. Rated 4.8 TripAdvisor, 4.5 Google, 4.5 Yelp and more.
Growth Opportunities
Long time local favorite. Proven neighborhood institution. A true staple in the community. A trusted “go-to” spot for residents, workers and commuters. Great local appeal. Broad customer base. Extraordinary name recognition. Strong loyal following. Consistent demand. Impressive repeat business. Highly rated and recommended, solid reputation to continue to build upon for another 26 years!
Financing Options
No.
Asking Price$99k