Find a business to buy

Fast food and restaurants for sale (Chicago, United States) Asking Price:£1982630

Contact Seller


Name

Phone

Email

Message

 

Fast food and restaurants for sale Fast food and restaurants for sale


Revenue £Available on request, Net Profit £Available on request, Established 2009

 Rare opportunity to acquire single tenant ground lease in River North.

Stabilized investment opportunity with lease in place through December 31, 2023 (with two five-year options).

 2% annual escalations beginning January 1, 2019 and continuing through option periods.

 Absolute NNN lease with zero LL responsibilities.

 Long term tenancy: MK has a successful 16-year operating history at the site.

 Adjacent to brand new multi-family development property.

Upside through long-term re-development potential: Site zoned C1-5

GROUND LEASE INVESTMENT OPPORTUNITY

Business Information

Number of Staff

25-30

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Business/Marketing

Any Inventory / Stock value

Yes

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

868 N. Franklin Street, Chicago, IL 60610

Competition / Market

Business

Trading hours

Yes whenever

Any Support & training

Yes whenever

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes