Business Overview

Specializing in delicious pan and stuffed pizza, as well as amazing thin and specialty pizzas. Along with awesome pastas and other Italian favorites including the best appetizers, soups, salads, sandwiches and chicken, ribs & seafood dishes. Plus, desserts and daily specials. BYOB beer and wine.

Full service. Currently pickup and delivery only! Plus, catering. Can seat up to 75 customers in its spacious dining room and private party room, great for all occasions including birthdays, showers, holidays, sporting or corporate events, business meetings and presentations. Also, a huge basement, great for storage.

And a fully equipped kitchen with large exhaust hood, 6-shelf rotating pizza oven and much more. But no POS system.

Well established for over 52 years. With the current owners for over 28 years. And at the current location for over 13 years.

Independent, no royalty, advertising or transfer fees. Family owned and operated

# Of Employees: 3 Employees + 5-6 Family Members (not staying) + 8-9 Drivers

Location: Prime corner retail space in a freestanding building with great signage, visibility, access and parking near the corner of W Ardmore Ave and N Austin Ave. On busy Milwaukee Ave, a major thoroughfare with high traffic counts. Near William Howard Taft High School and Edgebrook Golf Course. Close to I-90.

Surrounded by a dense residential area. Perfectly positioned between Norword Park and Jefferson Park neighborhoods!

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 employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

Financial

  • Asking Price: $1,094,000
  • Cash Flow: $136,763
  • Gross Revenue: $795,609
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1970

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:6,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

6,000 SqFt one-story masonry freestanding building with large basement (1/2 the building). Built in 1950. New HVAC. On .14 acres. Real estate taxes $33,809. Square Feet: 6,000. Seating: 75. Days/Hrs of Operation: Tu-Th 4p-10p, Fr-Sa 4p-11p, Su 3p-11p (Closed Mondays). Owners Role: Working owner. Value of FF&E: Included In Asking Price.

Is Support & Training Included:

Two weeks on-site comprehensive training

Purpose For Selling:

Retiring.

Pros and Cons:

A pizza experience unlike any other. Real Chicago style pizza. Awesome pizza. Excellent pie. Amazing pasta. Crispy crusts. Flavorful sauces. Superior sandwiches. Authentic time-tested recipes. Uses only the freshest high-quality ingredients. Homemade food. Consistently great. Everything baked to perfection. A menu that bursts with flavor. Gluten-free menu also available. Comfortable, warm and welcoming interior. Family friendly atmosphere. Nice place to watch the game. Perfect party room. Great service. Wonderful attentive and knowledgeable staff. Professional drivers. Fast and friendly delivery. Food is always hot, delivery is always speedy and order is always right. An all-around hard-working crew! Simply the best: By far the best pizza in the neighborhood. Best pizza in the hood. Best pizza in both Jefferson Park and Norwood Park. Best pizza on the northwest side. Best pizza in Chicago. Best pizza place in Chi-Town. Best pan, stuffed and thin crust pizza in the city. Best pizza you will find. Hands down the best pizza you will ever eat. Best pizza ever! Also: Best fried calamari. Best mozzarella sticks. Best soup. Best sandwiches. Best food around. And best customer service. Rated 5.0 TripAdvisor, 4.8 Facebook, 4.6 Google and 4.0 Yelp!

Opportunities and Growth:

Local gem. A staple in the community. Neighborhood pizza joint. The “go-to” pizza and Italian food place. One of the finest pizzerias in the city. A classic Chicago restaurant. Addicting. Adored by many. Tons of regulars for generations. Fans come from near and far. Highly rated and recommended, great reputation to build upon! Can also re-open the dining room and party room, increase hours and add on-line ordering to further increase sales.

Additional Info

The company was established in 1970, making the business 52 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 completely different things. For instance, they may say "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competition, current decrease in incomes, or a range of other factors. This is why it is very important that you not count entirely on a vendor's word, yet instead, use the seller's answer along with your total due diligence. This will paint a more sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering items such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that profit margins are too small. Numerous organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in brand-new clients? Many times, operating businesses have repeat customers, which create the core of their daily revenues. Particular elements such as new competition sprouting up around the location, roadway building, and also employee turnover can affect repeat consumers and negatively influence future earnings. One essential point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business regularly, the greater the possibility to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? How might the regional average house earnings impact future revenue prospects?