High-Volume Breakfast, Brunch & Lunch Restaurant - Sales Over $1.1M!

Kane County, IL
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Asking Price:$350,000
Gross Revenue:$1,116,349
Rent:$5,832/Month
Cash Flow:$152,348
Inventory:$20,000
Established Year:2017
BUSINESS DESCRIPTION

A popular pancake house and restaurant specializing in mouthwatering pancakes along with amazing omelets, skillets, benedicts, waffles, crepes, French toast and more. As well as awesome burgers, sandwiches, wraps and salads. In addition to fantastic coffee, espresso drinks, smoothies, juices and crafted juice blends.

Full-service restaurant. Dine-in, carryout, pickup and delivery, plus catering. Serving breakfast, brunch and lunch. Online ordering also available.

Contemporary build-out. Features a wrap-around coffee/smoothie/juice bar, spacious main dining area, private dining room and small banquet/meeting room. Plus, a large fully-equipped kitchen with separate prep area, 30ft hood, 2 walk-in coolers, walk-in freezer, dishwashing area, office and more.

Also, offers “after hours” gaming from 3p-9p. Has a private gaming area with 5 video gaming machines. Currently averaging ~ $6,000 a month in gaming revenue (owners take). Huge opportunity here to add another machine and extend hours for additional revenue!

Well established over 7 years. Independent - no royalty, advertising or transfer fees. Name not included (part of a larger brand). Absentee owned and operated with a well-trained staff in place. Turnkey!

Prime retail space in a busy strip center along with many other popular tenants. Boasts great signage, visibility, access and ample parking.

Perfectly situated on a major retail corridor lined with restaurants, retailers and services, plus a main thoroughfare with over 29,000 vehicles per day. Also, surrounded by a high-density market with a growing population of over 147,000 within a 5-mile radius.

And strategically located across from a new mixed-use lifestyle center currently in development which is expected to bring even more patrons to the area!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Listed By Ted Aretos at EatZ & Associates


DETAILED INFORMATION
Location
Kane County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,700
Lease Expiration
31/03/2027
Employees
15
Facilities
Leased space - cheap $5,832/mth gross. Current lease expires Mar 2027 with two 5-year options. Square Feet: 5,700. Seating: 228 (128 Main Dining room + 100 Private Dining Room + Small Banquet/Meeting Room). Days/Hrs of Operation: Restaurant 6a-3p (Gaming Only 3p-9p). Owners Role: Absentee owned. # Of Employees: 15 (Dedicated Staff). Value of FF&E: Included In Asking Price (Valued at $200,000). Value of Inventory: $20,000 (Not Included In Asking Price).
Competition
Offering a deliciously diverse menu with creative takes on breakfast, brunch and lunch classics. Also, outstanding seasonal items with a gourmet twist. Uses only the freshest ingredients. Phenomenal house made donuts. Inviting atmosphere. Wonderful staff. Known for its fresh innovative southern comfort food, inviting atmosphere and fast friendly service.
Growth & Expansion
Local favorite. Beloved pancake house. Community hub. A staple in the area. The ideal spot for casual meals, friendly gatherings, family outings and business meetings. Established customer base. And many loyal customers from surrounding suburbs! Highly rated and recommended, solid reputation to continue to build upon. Also, the opportunity to increase revenue by infusing your own unique vision into the establishment, reducing costs, enhancing gaming, extending hours and promoting its private party/meeting facilities!
Financing
No.
Support & Training
Negotiable on-site comprehensive training.
Reason for Selling
Larger restaurant group now focused on expanding its other brands.
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Ted
Aretos
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Ted Aretos