Restaurants For Sale Online - List your restaurant for sale at the source for buying and selling restaurants


 

Buy a Restaurant Sell a Restaurant

   Login

Home  > Illinois >  Chicago  > Listing View

Sell your restaurant business in Illinois - Chicago
Click Here to Sign Up!



Popular Local Deli & Bagel Franchise Downtown Chicago - In College Union Building In The Loop!
Chicago, Illinois

Asking Price

$259,000

Office Listing #

HSD CS IL
Revenue $481,746 / year Lease Rent $7,750 / month
Cash Flow $129,000 / year Square Feet 800
Direct Link www.restaurants-for-sale.com/26989

    

A successful local deli & bagel franchise offering a wide ion of fresh breads, hand-sliced meats & cheeses combined with unique ingredients & condiments to create over 50 incredible sandwiches, wraps, panni’s & bagels for breakfast and lunch along with hot Italian sandwiches and Chicago-style hotdogs. Plus, freshly made chili, soups, salads and sides. As well as coffee, juice, ice tea, fountain drinks and a variety of beverages. Simple operation - counter service. Dine-in or take-out and catering for 10 to 5,000 people. Online ordering also available. The ideal place to eat in a fun, colorful and warm atmosphere. Location: Prime retail space in the Union Building of one of the largest private university’s in the loop with 16,000 undergraduate and 7,600 graduate/law students. This location has access from the food court as well as the street. The Loop is at the heart of America’s Urban Campus with more than 58,000 students attending 22 colleges and universities downtown, it's the largest college town in the state! The Loop is also the central business district of Chicago with hundreds of thousands of workers, boasts the highest concentration of jobs in IL. The Loop's residential population is on the rise, it’s one of the city’s most dynamic neighborhoods with all the amenities - schools, grocery stores, gyms, pharmacies and farmer’s markets along with parks, attractions and events. The Loop as Chicago’s commercial core is home to City Hall and the seat of Cook County, as well as, Chicago Mercantile Exchange, United Continental Headquarters, AON, Blue Cross Blue Shield, Hyatt Hotels Corporation, BorgWarner and dozens upon dozens of other major corporations. It’s also home to Grant Park, the State Street shopping district, Art Institute of Chicago, several theaters, plus numerous subway and elevated rapid transit stations. Other major institutions in the Loop include Willis Tower, Chicago Symphony Orchestra, Lyric Opera of Chicago, Goodman Theatre, Joffrey Ballet, Harold Washington Library and the Chicago Cultural Center. Lease Information: Leased space $7,750/mth all in. Current lease expires in 2023 with one 5-year option. Days/Hrs of Operation: Monday-Friday 7a-3p (No late nights or weekends!) Value Of FF&E (Included in Asking Price): $75,000. Training: Two-weeks comprehensive one-site training. Seller Financing: No. Competition/Market: Their ingenious combination of fresh, unique ingredients and condiments makes their sandwiches famous. Use only the highest quality ingredients with NO fillers, by-products, trans fats, artificial colors, preservatives, nitrates or MSG. They feature Boars Head meats & cheeses, which are gluten free, lower sodium and certified by the AHA. Something for everyone by offering colossal sandwiches along with guiltless, low-carb, low-fat options. Their menu choices make each meal an adventure. “The Flavor of Chicago”. Known for being fast, fresh and for their friendly service. Growth & Expansion: Established in 1998, began franchising in 2004 and currently operating 20 locations in the Chicagoland area. Highly confidential listing, please do not discuss with employees or patrons. Showings by appointment only. Listed by Tom Traina at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2014
Current Owners 2014
Employees 5
Operating Hours Monday-Friday 7a-3p
Reason For Sale Corporate location looking for a franchisee.
   

Facilities

Seating Food Court
Square Feet 800
Parking Lot, street, garage, etc
Licenses None
   

Financials

Revenue $481,746 / year
Cash Flow $129,000 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $75,000
 
 

Lease

Lease $7,750 / month  
Expiration 2023  
Yearly Adjustment Not Available  
Option One 5-year option  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
Listing Functions
Favorites Save to Buyer Account
Flyer Printable Flyer
Share:

Share |

 
 

Email the Broker

NAME

EMAIL

PHONE
 -

MESSAGE

Enter case sensitive characters shown below

Listing Contact

Tom Traina
Eatz & Associates
phone: 888-971-3289
fax: 888-673-3045

www.eatz-associates.com

All listings by this Broker

 

More info about this Broker 

 

Confidentiality Agreement

 
   

 

Advertise with us


Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
Buyers Register Free!
Search, post free wanted ads, track favorites and receive auto alerts for free!
 
Buyer FAQs
Answers to frequently asked questions from our buyers.
Buyer Resources
Check out an array of resources that can help your buy a restaurant, bar or clubs.
Broker Directory
Locate a business broker or commercial real estate agent in your area that may be able to assist you in the buying or selling process.
  Buy a Good Restaurant at a... Comprehensive guide for buying a restaurant, bar or night club business. Learn what you should know to make the right investment.   Restaurant Rap
Articles about buying and selling restaurants, bars and nightclubs.
  Pricing Survey
Valuation guidelines based on pricing survey.
  Advertise with Us
Become a sponsor and reach a target market of tens of thousands of active buyers and sellers.
 

 

 

about us  advertise terms of use  |  privacy policy

Copyright ©2016 Restaurants For Sale Online.