Fast Food Restaurant
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $275000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 110000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description Solid, Classic Chicago-Style Independent Fast Food Restaurant NW Side. Hearty, delicious made-to-order food is the key to the continuing success of this Northwest Side Chicago restaurant. A terrific neighborhood, easy parking, and frontage on an important pedestrian and vehicular thoroughfare have probably helped as well.
This restaurant is the sort of place where hungry folks who work for a living go to grab a bite to eat. Nothin' too fancy: Just a clean restaurant, great food, fast service, and reasonable prices. It's steady, stable and completely impervious to the trends that can put those ''edgy'' restaurants in Lincoln Park out of business in six months.
This business is currently operating and turning a steady profit. Current management knows of several areas in which the new owners, with a little energy and effort, could quickly increase both sales volume and profits. The current owners wish to retire.
Sales: $275,000.
FF&E: $100,000++ (Included in Purchase Price).
Seller's Discretionary Cash Flow: $90,000+.
Asking: $425,000.
Email or call Charles Thomson, Thomson Brothers Brokerage Company, at 708-449-7744 for more information on this Fast Food Restaurant for sale.
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