Beloved Longstanding Breakfast & Lunch Restaurant Chicago - 5 Decades!

Chicago, Cook County, Illinois, United States

Asking Price$300k

Revenue$1.20m

EBITDA-

Cash Flow-

Description

Beloved Longstanding Breakfast & Lunch Restaurant Chicago, IL - Over 5 Decades! "At A High-Traffic Intersection Along A Major E-W Arterial Corridor On Chicago’s Northwest Side" A rare opportunity to acquire a long-standing, highly regarded breakfast and lunch restaurant with a loyal multi-generational customer base in a dense, high-traffic area of Chicago. Operating successfully for decades, this business is widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community. This iconic restaurant features a freshly updated interior with expansive windows, comfortable counter/table/booth seating, efficient layout and a fully equipped commercial kitchen designed to handle high-volume service. Its strong reputation has been built on scratch-made breakfast favorites and classic lunch options driving steady daily traffic and repeat clientele. Its diverse menu includes delicious omelets, skillets and benedicts, as well as specialty pancakes, waffles, crepes and French toast, plus tasty burgers, sandwiches, wraps, paninis, salads and south of the border favorites. Along with freshly brewed coffee, espresso drinks, hot and iced teas, juices, smoothies and milkshakes. And a kid’s menu. Full-service restaurant. Dine in or out and takeout, plus catering. Also, accepts group reservations and is available for private parties. Long established for over 58 years. Independent - no royalty, advertising or transfer fees. Owner operated. Turnkey with a long-time experienced staff in place! An ideal opportunity: • Decades of successful operation with strong brand recognition and deep-rooted community presence • Iconic breakfast and brunch destination with loyal repeat clientele spanning generations • High-volume operation with efficient kitchen and service flow • Offering an extensive, crowd-pleasing menu with broad appeal • Strong word-of-mouth and online reputation • Turnkey operation with all FF&E included • Excellent visibility and signage along a major thoroughfare with consistent daily traffic • Ample parking (a significant competitive advantage in the area) • Experienced staff in place Prime corner retail space in a freestanding mixed-use building with on-site parking (rare for the area) for over 22 vehicles. Perfectly situated at a high-traffic intersection along a major east-west arterial corridor on Chicago’s northwest side, this restaurant benefits from exceptional daily traffic counts, strong visibility and easy accessibility. Its surrounding trade area is a dense mix of residential neighborhoods, retail corridors and neighborhood commercial nodes, providing a steady flow of customers throughout the day. A highly reliable breakfast/lunch trade area with consistent year-round demand! The location is particularly well-positioned to capture: • Morning commuter traffic • Local neighborhood regulars • Nearby workforce and service employees • Weekend crowds Additionally, the area is supported by: • Its close proximity to major intersections and connecting routes • Nearby schools, parks and community anchors • A high concentration of single-family homes and multi-unit residences • A strong base of long-term residents with stable household incomes Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Theo Theodosiadis at [email protected] or call 847-910-4657 for more information. Showings by appointment only outside of business hours.

Real Estate

Rent is $9,000 per month

Building Size: 3950 sq. ft.

Furniture Fixtures & Equipment

$200k

Inventory

$10k

Number of EmployeesFull-Time: 10Part-Time: 5

Year Established

1968

Reason Selling

Other interests.

Facilities & Assets

Owners Role: Owner operated - host, expeditor and manages the front of house. Square Feet: 3,950 SqFt + Basement. Seating: 138 + Sidewalk Patio Seating Days/Hrs of Operation: Daily 7a-3p. Year Established: 1968 (Current Owner 2024). Lease Information: Leased space $9,000/mth gross. Current lease expires Mar 2029 with two 5-year options.

Support & Training

Two-four weeks on-site comprehensive training.

Market & Competition

A wonderful classic diner-style breakfast and lunch restaurant. Their delicious menu appeals to a wide demographic, driving steady traffic throughout the day and week. Is widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community and beyond. Also, a prime high-visibility location in one of Chicago’s most densely populated and consistently active trade areas. Highly rated and recommended, solid reputation to continue to build upon for another 50 years!

Growth Opportunities

Longtime local favorite. Long-established neighborhood institution. Decades of continuous operation with deep roots in the community. A beloved diner for over 5 decades. Iconic breakfast & brunch destination with a loyal repeat clientele. A Chicago original. A legacy restaurant with tremendous brand recognition. Also, the opportunity to further increase sales by extending hours, adding gluten-free, dairy-free and allergen options, introducing non-alcoholic and alcoholic beverages to enhance brunch revenue, modernizing its digital presence and on

Financing Options

No.

Related Categories

American Restaurant for Sale

•Diner for Sale

•Business for Sale in Illinois

Asking Price$300k

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