Beloved Longstanding Breakfast And Lunch Restaurant, Chicago, $1.2M Sales
Beloved Longstanding Breakfast & Lunch Restaurant Chicago, IL - $1.2M In Sales! "At A High-Traffic Intersection Along A Major E-W Arterial Corridor On Chicago’s Northwest Side" Rare opportunity to acquire long-standing, highly regarded breakfast & lunch restaurant in a dense, high-traffic area of Chicago generating $1.2 million in annual sales. A Chicago Original Open since 1968, this neighborhood favorite combines decades of brand recognition, a loyal multi-generational customer base and a fully equipped restaurant with a recently updated interior. Operating successfully for decades, this iconic business is widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community. Freshly Updated Interior Features expansive windows, comfortable counter/table/booth seating, an efficient layout and an efficient commercial kitchen designed to handle high-volume service. Broad Menu Appeal And its strong reputation has been built on scratch-made breakfast favorites and classic lunch options driving steady daily traffic and repeat clientele. Offers 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. An Outstanding Opportunity Long established for over 58 years. Independent - no royalty, advertising or transfer fees. Owner operated. Turnkey with a long-time experienced staff in place! Highlights: Ideal for an experienced restaurant operator seeking an established Chicago location with substantial existing sales and significant infrastructure already in place. This is a HIGHLY confidential listing. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours.
Location
Prime corner retail space in a freestanding mixed-use building with on-site parking (rare for the area) for 22 vehicles. And outstanding signage and visibility along a major thoroughfare. Perfectly situated at a high-traffic intersection along a major E-W 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 & service employees Weekend crowds Additionally, the area is supported by: Its close proximity to major intersections & connecting routes Nearby schools, parks & community anchors A high concentration of singlefamily homes & multiunit residences A strong base of longterm residents w/stable household incomes
Employees
10 Full-Time & 5 Part-Time
Lease Terms
Lease Information: Leased space $9,000/mth gross. Current lease expires Mar 2029 with two 5-year options. Lease Security Deposit: $9,000.
Real Estate
Lease
Trading Hours
Daily 7a-3p
Management Type
This business is owner operated.
Premises Details
Year Established: 1968 (Current Owner 2024). Seating: 138 + Sidewalk Patio Seating. Owners Role: Owner operated - host, expeditor and manages the front of house.
Years Established
58
Support & Training
Two-four weeks on-site comprehensive training.
Expansion Potential
Highly rated and recommended, solid reputation to continue to build upon for another 60 years! Also, the opportunity to further increase sales by: Expanding operating hours existing kitchen & seating could support dinner service Promoting weekend brunch highlight specialty dishes, group reservations & family dining Adding glutenfree, dairyfree and allergen options, Introducing new beverages specialty coffee, smoothies & potentially alcoholic brunch beverages to enhance revenue Increasing catering target offices, schools, community organizations & private events Modernizing digital presence & strengthening online ordering capture more takeout business & encourage more repeat orders Leveraging 3rdparty delivery potentially reach additional customers beyond the dining room
Size In Square Feet
3,950 SqFt + Basement
Competition / Market
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. Widely known for its extensive menu, generous portions and consistent quality, making it a staple within the local community and beyond. Longtime local favorite. Long-established neighborhood institution. Decades of continuous operation with deep roots in the community. A beloved diner for almost 6 decades. Iconic breakfast & brunch destination with a loyal repeat clientele. A legacy restaurant with tremendous brand recognition. Also, a prime high-visibility location in one of Chicago’s most densely populated and consistently active trade areas!
Inventory / Stock Value
$10,000
Reason for Selling
Other interests.
Financials
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