5115 Main Street Downers Grove, IL 60515 • Commercial - Investment • Active call for price

Description

This property is situated in the heart of downtown Downers Grove and it is within walking minutes from the Metra train station. This space is only for lease; it is not for sale. There are two options. First, you can lease the space and take over the existing Giordano's franchise pending approval from Giordano's corporate. Essentially, you would be paying rent for the space and you would also pay $200,000 for the existing Giordano's franchise. Or, second, you can just lease the space and put your own concept in this space. EQUIPMENT: This is a partial list of our equipment inventory. We are open to selling everything for $100,000 and this includes equipment and other items such as, but not limited to, pots, pans, tables, chairs and the list goes on. The partial list is as follows: Toast POS System, six (6) shelf rotating Cutler oven, three (3) single door freezers, two (2) double door refrigerators, two (2) LaRosa pizza and sandwich tables, one (1) deep fryer, one (1) six burner stove with oven, one (1) walk-in cooler, two (2) Alto-shaam warmers, one (1) steam table, one (1) ice maker, one (1) stainless-steel pizza cutting table, one (1) stainless-steel dough rolling station, various stainless-steel tables for food preparation and washing dishes, one (1) 3-door beer cooler and one (1) 2-door beer cooler with 8 beer taps. PERMITTED USES: A list of permitted uses is attached in the Additional Information tab of this listing sheet. This is a list of some of the permitted uses in no particular order; specifically: governmental facility, natural resource preservation, grooming service, business support service, consumer maintenance and repair, general personal improvement services, health and fitness services, studio or instructional services, restaurant, wine and/or beer boutique, financial services, business and professional office, medical, dental and health practitioner, convenience goods, consumer shopping goods and building supplies and equipment. Please contact the Village of Downers Grove with your specific questions. ROOF: The building was bought in the year 2000; the roof was new then; since then, the roof is merely maintained. REPAIRS: The owners maintained the building on their own throughout the years. PARKING: There are three (3) parking spaces in the back. The Village of Downers Grove has timed parking all over town; parking is free within that time period only. A/C UNITS: There are three (3) A/C units on the roof. Two (2) of the A/C units are from the year 2000. One (1) of the A/C units is from the year 2005. PLUMBING: The building has copper plumbing throughout; it was all done in the year 2000. FRANCHISE: The current manager is willing to train the next owner for up to thirty (30) days after the purchase of the building and after the franchise agreement is extended; this assumes that the prospective tenant wants to take over the existing Giordano's. SPRINKLERS: There are no sprinklers in this building. However, there is a fire suppression system and it is fully functioning and it is up to date. GAS: Heating costs average about $500 per month. ELECTRICITY: Electricity costs average about $1,800 per month. WATER/SEWER: Water and sewer costs average about $400 per month. BUSINESS: This Giordano's location has been open since January of 2000. BASEMENT: There is no basement. CEILING HEIGHT: The ceiling height is approximately 12 feet throughout the building. SEATING: The current restaurant has about 85 seats. LIQUOR LICENSE: We do not know if the liquor license is transferable; please call the Village of Downers Grove with your questions. SIDEWALK DINING: It is pretty easy to obtain a sidewalk dining permit; please call the Village of Downers Grove with your questions. LISTING AGENT: The listing agent is related to the owners. ZONING: The current zoning is Downtown Core (DC).

Property Highlights