Independent Fast Food Restaurant & Grill Lincoln Park, IL- Near DePaul!

1864

Serving fast casual American food such as Chicago-style hotdogs, homemade beef sandwiches, chicken strips, burgers, pitas, gyros, wings, salads and much more.  Plus catering.  Can also order online for take-out or delivery.  On-site ATM brings in another $360/mth in cash.  Potential for a liquor license!  New grill, refrigerator, freezers and computer system.

Prime retail space near DePaul University and Children’s Memorial Hospital.  Also attracts a lot of business from several late night music venues close by.

Website:

http://www.eatz-associates.com

Facilities:

Leased space – rent $3,000/mth. Current lease expires in 2014 with two 3-yr options. Landlord requires a $19k security deposit. Square Feet: 700. Seating: 22. Days/Hrs of Operation: Mo-We 10:30a-10p & Th-Sa 10:30a-3am & Su 12p–8p.

Competition:

Local favorite. Also referred as “DePaul Student Heaven. “ Famous for their chicken strips and slow roasted Italian beef. Fast & delicious.

Growth Potential:

Many loyal customers. Popular with neighborhood residents and DePaul students.

Training/Support:

Two weeks.

Seller Financing:

Possibly, with substantial down.

Sale Reason:

Other interests.