Food & Beverage
Chicago, IL
Financial summary
Comparable pricing
13% above marketComparable Food & Beverage businesses sell at a median of 2.5x SDE, based on several listings. This one asks 2.9x, about 13% above that median. At the comparable median it would price ~$264K.Methodology refines over time.Comparable Food & Beverage businesses sell around $264K vs this $299K ask.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
priced below 1.5x revenue and new to market.
Linked page lives on the broker site, not on OpenAcquisitions.
Business description
Longstanding Hugely Popular Restaurant & Café Chicago, IL - Over 29 Years! "On A Lively Stretch Of A Major N-S Artery/Busy Mixed-Use Corridor Filled With Boutiques, Coffee Shops, Restaurants, Bars, Entertainment Venues & Much More" Offering an eclectic menu of amazing vegan, vegetarian, gluten free and meat friendly dishes for breakfast, brunch, lunch and dinner. Including breakfast staples, brunch favorites, soups, salads, sandwiches, wraps, personal pizzas, full plates, munchies and more. As well as shakes and mouth-watering desserts. In addition to a huge selection of cocktails and bottled beers, plus fresh-squeezed mimosas, kitchen-made bloody Marys and boozy shakes. Full-service restaurant. Breakfast served all day & night and brunch on Saturday and Sunday. Dine-in, takeout and 3rd party delivery. Also, gift certificates. Boasts a charming storefront presence along with a retro interior adorned with vintage pieces, neon accents, pops of color and playful touches. Plus, a lively dog-friendly sidewalk patio out front. Well established over 29 years. And with the current owners over 23 years. Independent - no royalty, advertising or transfer fees. Relocated just a mile away and remodeled 6 years ago. Owner operated plus a full-time manager in place. Consistent sales year after year after year - 1/2 year or 6 months sales $771,242 with a net operating income of $62,182! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours. Listed By EatZ & Associates
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