$323.53 Per Sq Foot $11,810 est/mo Sourced by Back At You

301 N Northwest Highway,Palatine, IL 60067

Palatine IL, 60067

Share with a friend

Description

Welcome to a wonderful opportunity to purchase a growing quick serve restaurant business along with its prime real estate. This restaurant is charming, and boasts a long-term positive track record of profit and success. With a strategic location and a loyal customer base there is even more opportunity for growth. See below for an overview that will showcase the features and advantages of this great opportunity. Established Brand Reputation: Business has been around for 20 years and has established a great following and reputation for great food! Great Location: Business is located on the high traffic volume, high visibility, Northwest Hwy in Palatine. Open for Business: The sale of this business and real estate includes all the equipment, inventory, recipes, and name. In addition, the owner will smoothly transition the business to the new owner by working alongside of them for two months after the sale. Growth Potential: The new owner has the potential to expand hours as the restaurant is currently closed Monday's and closes daily at 9:00 pm and 8:00 pm on Sundays. Additionally, there can be more revenue streams captured through growing the catering and adding pizza. Real Estate: The restaurant is 3,400 square feet with an additional 3,400 square feet in the basement! Parking is never an issue with 48 parking spaces that span the property that is 3/4 acre. This is an outstanding opportunity to acquire both a successful turnkey restaurant business and its prime real estate location! This investment offers the ability to own a thriving business that will generate immediate profit with a trusted and established brand.

Details

MLS#11970572
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site109
Listing Provided ByBerkshire Hathaway HomeServices Chicago | Vicki Vranas

Features

SQ Feet6,800
Story(s)1

Market Activity 60067

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 8 minutes ago
StateIL
CountyCook
CityPalatine
Zip Code60067
AreaPalatine
Listing VS Median (in 60067)
Price:
$2,200,000
low | high
Med:
$449,000
100% of Average
SqFt:
6,800
low | high
Med:
2,225
100% of Average
$ / SqFt:
$324
low | high
Med:
$219
82.282994417863% of Average
On Site:
109
low | high
Med:
32.000000
100% of Average
Sourced by Back At You
Listing Updated: May 1, 2024 at 7:18:31 PM PDT