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BUSINESS FOR SALE - PROFILE #  40730431

Turnkey Iconic Chicago Hotdog and Burger Joint
West Suburbs of Chicago

Asking Price: $30,000   Down Payment: $30,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
This hamburger / hotdog stand is an incredible opportunity for an owner-operator. The location is on a major road plus it features a huge parking lot. The business is currently closed because the owner can not devote any time for management and partnership issues. This business was once featured on the burger edition of a local food show. There are a handful of counter seats and outside seating but this is mainly a carry out business. The current owner bought this business in 2015 and invested over $75,000 in improvements including refrigerators, alarm system and leasehold improvements. At one point the current owner was doing over $25,000 in monthly sales as an absentee owner.  The business is offered at a bargain price of $30,000 but any buyer must have decent credit for landlord qualification. Rent is $3,500 per month.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2015 Inventory:
Furniture, Fixtures & Equipment: $30,000 Included
Real Estate:
    Total Assets Included in Sale: $30,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Dan Eitel
Phone:  (630) 705-3055
Fax:  (630) 491-1592
Other:  (630) 286-9120
E-mail:  deitel@midwestvr.com
VR Business Brokers - Oak Brook, IL
2021 Midwest Road
Suite 200
Oak Brook, IL 60523
www.midwestvr.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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