Property summary
This thriving fast-casual franchise, established in 2022, boasts nearly $600,000 in annual revenue and is situated in Schererville, Indiana, approximately 45 minutes southeast of Chicago. The 2,200 square-foot restaurant features ample indoor seating for 30 guests, plus outdoor seating, and is fully equipped with a comprehensive array of commercial kitchen equipment including a hood system, walk-in cooler, fryer, oven, and POS system. The current lease, with a remaining term of 10 years (expiring October 5, 2031), carries a monthly rent of $8,139, inclusive of all operating expenses. The asking price is $198,000, representing a significant discount compared to the cost of a new build-out. This presents a unique opportunity for an owner-operator to acquire a well-established business with substantial growth potential. The business currently employs five staff members and benefits from strong support from both the franchise and the current owner. The sale does not include inventory. Seller financing is not available. The business model includes catering, third-party delivery services, and local marketing initiatives. The franchise offers a unique fast-casual concept with a focus on high-quality cuisine. This is a leasehold interest, not a real estate purchase.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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