Property profile

County Indiana Fast Casual Franchise for Sale - $600K Sales Lake St Schererville, IN 46375

OFF-MARKET
Retail properties & Spaces
2,200 SF Built 2022
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 2,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Indiana Fast Casual Franchise for Sale - $600K Sales Lake St Schererville, IN 46375
Schererville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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