Reconcile the sales — point-of-sale against bank deposits and tax returns
Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.
Similar businesses sell at 1.2x to 4.0x SDE. Compare live listings and connect with sellers.
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High-Volume Long Established Family Restaurant Northwest Suburb of Chicago - Premier Hospitality Corridor! "At The Intersection Of A Major East-West Arterial & Major Thoroughfare, Also At A Major I-294 Interchange With High Traffic Counts" A rare opportunity to acquire a fully built-out, 5,000 sqft freestanding restaurant in one of the strongest hospitality corridors in the northwest suburbs. Offering a diverse menu of hearty breakfast options including buttermilk pancakes, crepes, French toast, waffles, benedicts, omelets, skillets, scramblers and other classic egg dishes. As well as a variety of delicious lunch and dinner items such as salads, soups, burgers, sandwiches, melts, clubs, quesadillas, stir frys, pasta, platters, entrees and more. Along with coffee, juices, smoothies, beverages and shakes. Plus, beer, wine and cocktails. And a kids’ menu. Full-service restaurant. Serving breakfast, lunch and dinner. Dine-in, carryout, pickup and 3rd party delivery, plus, catering. Online ordering is also available through their own website. And dining rooms available for business meetings and private events. Warm and welcoming interior. Well laid-out front and back of house. Hostess stand with wait area. Small bar with seating (full liquor license). Three spacious dining rooms with substantial seating at both booths and tables, plus counter seating. Along with a server prep station, prep kitchen and a large fully equipped commercial kitchen set up for high volumes. Established over 40 years! Current owner over 13 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Family owned and operated - general manager. 2025 sales over $1 million! Keep the current concept, a similar concept or bring your own to this ideal location. Has a strong foundation to either continue with current operations or transform to a completely different restaurant concept. Can keep the name or rebrand entirely. Its infrastructure, kitchen buildout, seating capacity and strategic location create a powerful foundation for a new operator! Prime corner retail space in a one-story freestanding building with great signage, high visibility, easy access and ample parking. Perfectly situated adjacent to a newly renovated hotel at the intersection of a major east-west arterial and major thoroughfare, also at a major I-294 interchange with high traffic counts. Just minutes from Chicago O-Hare International Airport. And minutes from the largest indoor entertainment facility in Chicagoland - a 18,000 seat venue which hosts various sporting events, family shows and concerts throughout the year! Strategically positioned near many hotels and corporate offices. Also, close to a large industrial park. In addition to several schools. Plus, surrounded by a vast and dense residential area of homes. Ideally located in a highly desirable northwest suburb with a great mix of industries including corporate headquarters, professional services, industrial, manufacturing and retail centers as well as excellent schools, parks and recreational facilities. An attractive place to work and live for families, professionals and retirees! 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 Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.
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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 first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tim Ryan at [email protected] or call 847-343-1332 for more information. Showings by appointment only outside of business hours.
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Longstanding Highly-Rated Italian Restaurant w/Property Northwest Suburb of Chicago - 28 Years! "Freestanding Building With A Large Patio At A Major Intersection With High Traffic Counts" Serving delicious authentic, made-to-order southern Italian cuisine. Including tasty appetizers such as fried calamari, baked clams and antipasto, crisp salads, hearty soups, handmade pasta such as cannelloni, cavatelli, gnocchi and manicotti, as well as fresh seafood, steak, veal and chicken dishes, plus much more. As well as gluten-free and vegetarian options. In addition to mouthwatering classic Italian desserts. Full-service restaurant with two bars. Dine-in, carryout and 3rd party delivery, plus catering. Open for dinner 6 nights a week. Online ordering also available. Reservations accepted. White tablecloth service. Features a casual elegant interior with a warm and cozy atmosphere. Ample seating - can accommodate up to 200 people. 148 inside - seating for 80 in the main dining room and another 69 in a private room, great for additional seating or private parties. Plus, seating for 42 outside on its large patio. And a full bar area in the middle with access to both dining rooms. As well as a 2nd smaller bar in the private dining room. Plus, a fully equipped commercial kitchen with 20ft hood, 10-burner stove w/2 ovens, two 6-burner stoves w/2 ovens, deep fryer, 4-well steam table, several refrigerated sandwich units and so much more. In addition to a full basement with a prep area, a double-decker Blodgett pizza oven, walk-in cooler and freezer, plus storage. Well established for over 28 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Owner operated and long-term dedicated staff in place. Asking $1.1 million for business assets and property. Prime retail space in a freestanding building with a large patio. Plus, ample parking for 42 vehicles. Perfectly situated at the major intersection of two busy thoroughfares with high traffic counts. Boasts great signage, high visibility, excellent exposure and easy access. Ideally situated in the heart of the thriving dining corridor of a highly-desirable well-established northwest suburb. Also surrounded by a vast commercial area and dense residential area! 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 Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.
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Turnkey Restaurant & Bar West Dundee, IL - In The Heart Of Its Historic Downtown! "Fully Built-Out & Equipped - Ready For Immediate Operation" An amazing opportunity to step into a fully built-out & equipped high-quality restaurant space in the heart of a thriving historic downtown of a far NW suburb. This turnkey restaurant delivers the total package: an incredible build-out in a highly walkable main street location, just steps from the Fox River! This is not a startup. The space has been recently completed w/substantial investment in infrastructure, systems & finishes, allowing a new operator to open quickly w/significantly reduced upfront capital & timeline. Ideal for an experienced operator or group looking to expand, relocate or launch a new concept without the cost, time & risk of a full buildout. The Space • Turnkey - a fully operational restaurant with the heavy lifting already done • Meticulously Restored (2024) - a fully restored 2-story historic building (from top to bottom, inside & out) that blends timeless character with contemporary design • Newer Build-Out - mean systems, décor & equipment are modern & in place. All new mechanicals including plumbing & HVAC, as well as commercial-grade bar equipment, cooking equipment, refrigeration & cold storage • Fully Equipped - includes a 16ft hood with Ansul suppression, 1,200-gallon exterior grease trap, 6-burner range w/oven, 3ft gas countertop radiant charbroiler, 3ft gas countertop griddle, infrared Salamander broiler, 2 gas fryers, 2-pan electric steam table, 2 refrigerated sandwich prep tables, reach-in refrigerator & freezer • Incredible Storefront - in a classic brick main street building with a dramatic presence & modern storefront glass that showcases its bar/dining room • Inviting High-Impact Façade - lg display windows & cool lighting make the restaurant stand out on its main street, especially in the evening dining & bar hours • Stylish Interior - rustic wood tables, custom butcher-block tops, colorful tile accents, metal chairs with walnut seats/backs & mood lighting creates a modern vibe • Comfortable Dining Layout - a nice mix of table seating & bar/counter seating supports both dine-in & drinks-forward business. The open feel & large front windows bring in natural light and connect guests to the energy of main street • Efficient Kitchen & Bar - with the ability to handle both in-house dining & steady takeout/delivery volumes • Fully Renovated Basement - to support the restaurant & for additional storage Transaction Overview • High-quality buildout with modern systems, infrastructure & finishes • Full-service restaurant with a full bar - all equipment in place • Asset sale-all FF&E included • New lease offered by the seller/landlord • Lease structure to be tailored based on operator strength, concept & overall deal terms Key Value Proposition • Avoid 6–9 mths of construction timeline • Significant savings versus ground-up build-out • Infrastructure, code compliance & major systems already complete • Opportunity to customize concept within an existing high-quality framework • Ability to be open & generating revenue in a fraction of the typical timeline Ownership is focused on identifying a qualified, long-term operator who recognizes the value of stepping into a fully built environment & executing a strong concept. This is a plug-&-play opportunity for the right group! Prime retail space on the main street of West Dundee’s thriving downtown. In its charming, historic district along the Fox River known for its brick storefronts, walkable streetscape & growing lineup of destination restaurants/bars. A highly-desirable, character-rich downtown location w/built-in destination appeal, a strong local customer base & excellent regional draw from the broader area. If interested, please email Tim Ryan at [email protected] or call 847-343-1332 for more information.
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Highly-Successful Longstanding Destination Dining & Entertainment Venue - With Property! "The Asking Price Includes A Well-Maintained Property With Substantial Prior Capital Investment" A rare opportunity to acquire one of Chicagoland’s premier destination dining and live entertainment venues. The combined businesses generate approximately $7.67M million in gross sales, demonstrating its strong and stable performance. Facility Highlights: • Freestanding, high-visibility commercial property included in the sale • Large building footprint with multiple distinct yet connected concepts under one roof • Spacious full-service restaurant and bar areas with flexible seating configurations • Expansive four-season patio • Dedicated live music/entertainment venue with professional stage, lighting and sound systems • Built-in infrastructure for large-scale events and entertainment programming • Private event spaces ideal for corporate functions, weddings and social gatherings • Ability to host simultaneous revenue-generating experiences • Ample on-site parking supporting high-capacity operations • Well-maintained property with substantial prior capital investment Offered at $8,500,000 for the combined businesses and real estate, this turnkey operation delivers exceptional brand recognition, well established systems, multiple revenue streams, significant historical performance and additional growth potential through extended programming and service expansion. Diversified Revenue Streams: • Full-service dining (lunch, dinner, weekends) • High-energy bar with craft cocktails and an extensive wine list • Nightlife sales • Live entertainment/ticketed shows • Private events and group bookings • Catering and special events The combination of food, beverage and entertainment creates a powerful, destination-style concept that performs across multiple dayparts and customer segments! Prime retail space in a striking freestanding building with ample parking. In a highly desirable Chicagoland market with strong discretionary spending, repeat local clientele and regional draw for dining and live entertainment. Location Highlights: • Prominent positioning along a major corridor with strong traffic counts • Immediate access to/from major commuter routes and regional thoroughfares • Proximity to retail corridors, corporate offices and residential communities • Strong surrounding household incomes and discretionary spending power • Consistent draw from both local clientele and destination visitors • Established reputation as a go-to dining and entertainment destination in the market This is a HIGHLY confidential listing. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Additional information provided to well qualified buyers upon NDA execution, proof of funds and the ability to demonstrate that they have a minimum of $1.7M liquid.
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Fully-Equipped Restaurant & Bar w/Gaming River Grove, IL - On Busy Grand Ave! "2,850 SqFt Freestanding Building With Prominent Signage, Strong Visibility & Ample Shared Parking" An incredible opportunity to acquire a fully equipped, completely built-out restaurant and bar located on busy W Grand Ave in the heart of River Grove. Situated in an amazing freestanding brick building with large expansive windows, a sleek modern interior with a full bar (16 beers on tap), bar & table seating, 3 flat-screen tvs, open gaming area and a fully-equipped kitchen. Its professional kitchen features a 14ft exhaust hood w/heated air return, 8-burner stove w/oven, tabletop flat-top grill, 2 deep fryers, double-stack Blodgett convection oven, dough mixer, 2-door sandwich prep cooler, 6-door sandwich prep cooler, single-door cooler, 2-door standup cooler, 2-door standup freezer, two chest freezers and more. Plus, a $25,000 Mara Forni brick pizza oven out front! And its full bar features 16 beers on tap, two 3-door glass beverage coolers, single-door beverage cooler, tall single-door beverage cooler, 2-drawer sandwich prep cooler, glass washer, hand sink, ice machine and Toast POS system. Entire restaurant was completely renovated in 2016. Over $400,000 spent on all new equipment, plumbing, electric, HVAC, roof and more. Gaming approved - 5 video games (can add a 6th) plus ATM. Gaming revenue (location’s take) $50,000/yr and growing. Asset sale - all furniture, fixtures and equipment (FF&E) included. Independent - no royalty, advertising or transfer fees. Also, no financials. Ideal for a wide range of concepts such as a pizzeria, bar & grill, sports bar, cocktail lounge, gaming café, modern ethnic fusion restaurant and more. Bring your concept here! Prime retail space in a freestanding building with prominent signage, strong visibility and a 2nd entrance in rear along with ample shared convenient municipal parking. Perfectly situated on W Grand Ave, a heavily traveled east-west corridor with strong commuter traffic linking Chicago to the western suburbs. Adjacent to a very busy Starbucks and popular barber salon. And across two busy plazas. Plus, walking distance to the River Grove and Elmwood Park Metra stations! Located in River Grove, the village of “Friendly Neighbors.” And in close proximity to Franklin Park, Elmwood Park and Melrose Park. Approximately 190,000 residents within 3 miles with a median household income around $70,000! Feel free to stop by the location first. If interested, please email Pat Mahoney at [email protected] or call 847-208-9569 for more information. Showings by appointment only.
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Legendary Illinois Dining Establishment w/Property - Dining, Bar, Gaming & Banquets! "8,000 SqFt Freestanding Building On 3.22 Acres On A Primary Regional Corridor" Offering an incredible menu of prime rib, steaks, seafood, broasted chicken and more. In addition to hearty sandwiches, Italian favorites, house specialties and homemade desserts. Plus, delicious daily specials, their signature Friday fish fry and popular Sunday brunch! Full-service restaurant with a full bar, gaming, multiple dining areas and banquet facilities. Dine-in or carryout, plus catering. Features a welcoming entry, classic dining rooms and a warm cocktail lounge with a private gaming area with 5 state-of -the-art video gaming machines, plus flexible private-event/banquet rooms ideal for birthdays, graduations, showers, weddings, community functions, business outings, corporate events and more. In addition to a full commercial kitchen set up for high volumes! Well established 81 years. Independent - no royalty, advertising or transfer fees. Owner operated (supervisory) with an experienced kitchen manager and long-term staff in place. Turnkey! Boasts multiple revenue streams - dining, cocktail lounge, gaming, banquet facilities and catering. 2025 gaming revenue $128,743! Prime retail space in a large freestanding building on 3.22 acres. Features a prominent monument sign at its entrance and ample parking for 100 vehicles. The parking lot can simultaneously accommodate both dining, lounge and banquet operations, as well as tour buses for large organized events. Perfectly situated on a primary regional corridor and well-traveled state route with strong visibility and easy access. Its consistent week-to-week traffic from nearby big box retailers is complemented by other event venues, golf, recreation, conservation areas, seasonal surges and border-area visitors. 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 Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.
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Longstanding Highly-Rated Italian Restaurant Northwest Suburb of Chicago - 28 Years! "Freestanding building With Large Patio At A Major Intersection With High Traffic Counts" Serving delicious authentic, made-to-order southern Italian cuisine. Including tasty appetizers such as fried calamari, baked clams and antipasto, crisp salads, hearty soups, handmade pasta such as cannelloni, cavatelli, gnocchi and manicotti, as well as fresh seafood, steak, veal and chicken dishes, plus much more. As well as gluten-free and vegetarian options. In addition to mouthwatering classic Italian desserts. Full-service restaurant with two bars. Dine-in, carryout and 3rd party delivery, plus catering. Open for dinner 6 nights a week. Online ordering also available. Reservations accepted. White tablecloth service. Features a casual elegant interior with a warm and cozy atmosphere. Ample seating - can accommodate up to 200 people. 148 inside - seating for 80 in the main dining room and another 69 in a private room, great for additional seating or private parties. Plus, seating for 42 outside on its large patio. And a full bar area in the middle with access to both dining rooms. As well as a 2nd smaller bar in the private dining room. Plus, a fully equipped commercial kitchen with 20ft hood, 10-burner stove w/2 ovens, two 6-burner stoves w/2 ovens, deep fryer, 4-well steam table, several refrigerated sandwich units and so much more. In addition to a full basement with a prep area, a double-decker Blodgett pizza oven, walk-in cooler and freezer, plus storage. Well established for over 28 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Owner operated and long-term dedicated staff in place. Prime retail space in a freestanding building with a large patio. Plus, ample parking for 42 vehicles. Perfectly situated at the major intersection of two busy thoroughfares with high traffic counts. Boasts great signage, high visibility, excellent exposure and easy access. Ideally situated in the heart of the thriving dining corridor of a highly-desirable well-established northwest suburb. Also surrounded by a vast commercial area and dense residential area! 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 Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours.
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Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming South Suburb of Chicago, IL - 35 Years! "2024 Gaming Revenue (Locations Take) $161,596" A classic long-running breakfast and lunch diner offering breakfast all day including a large variety of amazing omelets, hearty skillets, fluffy pancakes/waffles/French toast and more, along with mouth-watering burgers/melts, tasty sandwiches/clubs and sizzling steaks. Full-service restaurant. Dine-in, pick-up, carryout and 3rd party delivery. Features a large well-maintained and efficient space with expansive windows, hostess stand, refrigerated display case, long open wait station, convenient counter seating for quick service, as well as ample table and booth seating. Plus, a fully-equipped well-organized commercial kitchen set up for high volumes with its 25ft hood, 6-burner stove w/oven, double-stack ovens, three flat tops, two 2-basket deep fryers, large steam table, walk-in cooler, walk-in freezer and much more. In addition to a private gaming area with 6 video gaming machines. 2024 gaming revenue (locations take) $161,596! Well established 35 years. Independent - no royalty, advertising or transfer fees. Owner operated. Prime corner retail space with great signage, high visibility, easy access and ample parking. Perfectly situated on a high-traffic thoroughfare just off the interstate with over 19,600 vehicles per day. Also, a busy service/retail, municipal and light-industrial corridor with constant vehicle flow. Plus, surrounded by a vast residential area! 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 Tim Ryan at [email protected] or call 847-343-1332 for more information. Showings by appointment only outside of business hours.
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High-Volume Long-Established Family-Owned Deli & Caterer w/Property Sought-After SW Suburb Of Chicago - Sales Over $1.4M! "Established Over 44 Years - Award Winning - Rave Reviews" A rare opportunity to acquire a long-established, family-operated deli & caterer along w/its real estate. Offering a delicious deli & market-style menu. Well-known for their exceptional homemade, home-style cooked meals incl housemade soups, fresh salads, specialty sandwiches, tasty wraps, signature burgers, thin-crust pizzas, broasted chicken, mouthwatering gelato & more. Plus, delectable daily, weekly, monthly & holiday specials. Also, offers drop-off & full-service catering for communions/confirmations, birthdays, graduations, showers/weddings, open houses, corp luncheons, company picnics & more w/customizable menus & bar service options. Their catering menu incl a wide variety of choices for breakfast, boxed lunches, appetizers, buffets, desserts, beverages, cocktails & a la cart. Simple operation - counter service. Dine-in or out, takeout & delivery. Online ordering also available. The deli features a cozy & casual interior w/historic charm & character. As well as al fresco dining on their peaceful garden patio surrounded by lush greenery. In addition to their inviting open-air garden pavilion for additional seasonal dining + avail for private events & on-site catering. There’s also a couple of video gaming terminals on-site for gaming enthusiasts. Well established over 44 years (current owners 26 years). Independent - no royalty, advertising or transfer fees. Longtime family owned & operated. 2025 sales up over 5%! This is a true turnkey opportunity with experienced staff, established systems & a fully built-out facility designed for both retail service & high-volume catering production. Business Highlights • Multiple revenue streams • Diverse menu offerings • Catering capabilities • Efficient kitchen supporting both retail & bulk production • Established brand presence w/decades of goodwill & repeat clientele • Consistent sales history w/opportunity for further growth Prime retail space in an historic freestanding building nestled in the downtown/historic village center of this affluent suburb of Chicago. A walkable, community-oriented hub w/a mix of restaurants, local shops & services. Serves as a gathering place for locals. Also, hosts seasonal events throughout the year. Perfectly situated on its main st & a major thoroughfare running through this charming suburban downtown. Also, close to offices, industrial parks, Metra & just minutes from Route 45, I-55 & I-294, making it an easy destination for commuters/visitors. And encircled by green spaces & scenic natural settings, giving it a picturesque, semi-rural feel uncommon in the Chicago metro area. The deli is a popular destination for residents & visitors to stop by for food or refreshments when hiking, biking, kayaking, fishing & more! Ideally located in a sought-after suburb about 20 miles SW of downtown Chicago. Attractive for its suburban convenience, rich history & natural beauty. Location Advantages • Along a highly traveled suburban corridor connecting multiple residential communities • Convenient access to major regional/commuter routes • Surrounded by dense, established neighborhoods w/strong household incomes • Proximity to industrial parks, offices, schools & community facilities, driving daytime/catering demand • Strong local visibility w/steady commuter/neighborhood traffic patterns • Benefits from a balanced mix of residential, commuter & business-driven demand Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours
National transaction benchmarks for restaurant and food business businesses.
Under $500K
$500K to $2M
Over $2M
A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.
Cofounder & CEO
Key diligence, valuation, financing, and transition considerations for buyers evaluating restaurant and food business acquisitions.
Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.
Remaining term, escalations, and assignment rights can make or break a restaurant; a strong concept on a non-transferable lease is a problem you inherit.
Margins are thin and move with wages and commodities; understand prime cost and how stable the kitchen and front-of-house staff are.
Liquor licenses, health permits, and inspection history are valuable and sometimes fragile; review the record before you commit.
A chef-owner or personality-driven concept may not transfer; understand the recipes, systems, and whether the brand survives new ownership.
Kitchen equipment, refrigeration, and the dining room wear and date; tour it with someone who knows the gear.
Answers to common buyer questions for this market.