Carryout & Delivery Pizza Restaurant for Sale in the SW Suburbs of Chicago, IL

Located in the Southwest Suburbs of Chicago, Illinois (Will County)
Sale includes: the Business, all Equipment & all Fixtures.
Purchase Price / Business only = $39,000 plus inventory

This is a carryout & delivery pizza restaurant located in the Joliet, New Lenox & Mokena area of Illinois (Will county). This business has been operating at this location more than 45 years. The owner is the second generation & he acquired the business from his father. They use fresh ingredients & 100% Wisconsin mozzarella on their pizzas. The leased space is approximately 1,100 sq ft. They have a small parking lot with about 10 spaces, adjacent to the building & additional parking on the busy street out front. According to IDOT, they have 20,900 cars driving past the front door of this pizza restaurant each day. This is not a franchise, which means you don’t have to pay any franchise fees and the rent is only $1,000 per month, including common area maintenance charges and RE taxes. That is very inexpensive considering the traffic counts are so high. The current owner is an owner-operator & he works 25-30 hours per week. He has a manager & about 10 other employees.

This business has a lot of potential for future growth. The business does not have good signage, even though they have 20,900 cars driving past the front door each day. It’s VERY easy to drive past this pizza restaurant & not even notice it. They have good reviews & serve a good product. They also have a long history at this location. They just need to let more people have the opportunity to try the food. On Google reviews, they have 4.2 out of 5 stars & some reviews even refer to it as a “hidden gem” & “best kept secret”, which is more evidence that having better signage will definitely help.

Another area of opportunity is expanding the hours of operation & open during lunch & stay open later. They’re not open for lunch at all, which limits the catering orders to only evenings and they’re only open until 9pm Sun – Thurs & until 10:30pm on Fridays & Saturdays but they stop taking orders at 10pm. Most carryout & delivery pizza restaurants are open later, especially on Fridays & Saturdays & they're usually open for lunch. This is a big area of opportunity, along with adding some better signage to capture all the traffic going past the front door. They also have an outdated website that probably doesn’t get much online traffic. The website says they don’t offer any daily specials while many of their competitors have daily specials such as $10 large one topping Tuesdays. They also only take orders by phone while many of their competitors have newer websites that allow orders to be placed online, so updating the website to allow people to order online will allow this pizza restaurant to compete better with other businesses in the area. Expanding the limited menu could help as well.

Yes, you could certainly find a pizza restaurant that does more in sales however, the rent will be higher and the price will be higher too. This is an opportunity to get in cheap with cheap rent & make this the profitable place it should be.

The current owner has been in the pizza/restaurant business for many years, since he was a teenager, and has decided to consider retirement.   

Note: Owner will consider a small amount of financing for a well-qualified buyer.

Asking Price/Business only: $39,000 plus inventory
Gross Annual Sales (approximately): $188,688.70
Value of Furniture, Fixtures & Equipment (approximately): $25,000.00
Value of Inventory (approximately): $5,000.00
Lease Details (approximately): The current lease is a month to month tenancy however, the landlord is open to a longer lease. The space is approximately 1,100 sq ft. There’s plenty of parking and it’s located on a very busy road with more than 20,900 cars driving past the front door each day. The Gross Rent is only $1,000/month, including the Real Estate Taxes & the Common Area Maintenance Fees.
Seller Financing: Owner will consider financing a small portion of the price for well qualified & experienced buyer/operators.
Contact: Tony Gavros This email address is being protected from spambots. You need JavaScript enabled to view it., Advantage Business Acquisitions, Inc. 847-722-1877

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