Business Overview

Serving delicious pizza, wings, salads, sandwiches, steak-burgers, pasta and more. Everything prepared fresh daily.

Easy operation – counter service and simple menu. Dine-in, carryout and drive-thru, as well as delivery and catering. On-line ordering also available. Rewards program.

Nice new build-out. Cool modern industrial interior. Large pizza display case. Pepsi fountain machine and cooler. Fully equipped kitchen featuring a large hood, 6-burner stove, 2 deep fryers, Bakers Pride pizza oven, Toast touchscreen POS and more.

Established location for over 2 years. Turnkey. Can add gaming.

Part of a growing local franchise. 5% royalties. No transfer fee.

Location: Prime retail space in a freestanding building with convenient drive-thru, fenced-in patio and parking for 12 cars. Perfectly situated at the intersection of two major thoroughfares with over 30,500 and 39,500 vehicles per day. Surrounded by a vast residential and commercial area.

Located in a densely populated area with over 357,000 residents within 5 miles and a dense industrial area with many distribution centers, factories and warehouses. Close to several schools. Near a large industrial park, an Amazon Fulfillment Center, FedEx distribution center and much more. Just minutes from Midway Airport!

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 Pat Mahoney at EatZ & Associates

Financial

  • Asking Price: $399,000
  • Cash Flow: $176,154
  • Gross Revenue: $1,476,620
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $4,000
  • Inventory Included: N/A
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased space $8,833/mth gross. Current lease expires 2036 with eight 5-year options. Square Feet: 1,200. Seating: 15. Days/Hrs of Operation: Currently open 24/7. Owners Role: Franchisor overseeing operations. Value of FF&E: Included In Asking Price (Valued at $100,000).

Is Support & Training Included:

Five-six weeks on-site comprehensive training at another corporate store in Berwyn, IL.

Purpose For Selling:

Corporate location looking for a franchisee.

Pros and Cons:

Chicago's original jumbo slice. Where everyone is treated like family. The franchise is known for their premium ingredients, quality food, fast delivery and excellent customer service. Also, a pizza franchise with a purpose - prides itself on partnering with the surrounding community by working with many schools, businesses and organizations from food pantries to fundraisers. Ideal location. Boasts great signage, visibility and access.

Opportunities and Growth:

Original location established over 24 years ago, currently 11 successful locations throughout Illinois with plans to expand nationally. A well-established franchise system. Chicagoland favorite - loyal following!

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was founded in 2020, making the business 2 years old.
The transaction shall not include inventory valued at $4,000*, which ins't included in the asking price.

The business has 7 employees and resides in a building with disclosed square footage of 1,200 sq ft.
The building is leased by the company for $8,833 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. However, the genuine reason and the one they tell you might be 2 totally different things. For instance, they might say "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to attempt to hide the reality of transforming demographics, increased competition, current decrease in profits, or a range of various other factors. This is why it is extremely vital that you not depend totally on a seller's word, yet instead, make use of the vendor's response combined with your general due diligence. This will paint an extra practical picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many companies borrow money so as to cover things such as inventory, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that revenue margins are too tight. Many companies fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be satisfied or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract brand-new clients? Many times, operating businesses have repeat clients, which create the core of their day-to-day profits. Specific factors such as brand-new competitors growing up around the area, road construction, as well as employee turn over can affect repeat consumers and also adversely impact future revenues. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the better the chance to develop a returning consumer base. A last thought is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the local typical household earnings impact future income potential?