6831 W North Ave
Oak Park, IL 60302
Edwardo’s Pizza · Retail Property For Sale

Well Established Edwardo’s Pizza Franchise Oak Park, IL - Property Included! Serving award-winning Chicago-style stuffed pizzas as well as gourmet thin crust pizzas. Along with fresh salads, pastas, monster burgers, sandwiches, calzones and BBQ baby back ribs. Plus, tasty appetizers, sides and desserts. Full service. Dine-in, carryout and catering, plus delivery by Grubhub. And e-gift cards. Features a large kitchen, ample seating for 145 and parking for 42 vehicles. Also, a small bar. All recently remodeled in 2020! Beautiful exterior highlights large expansive windows, brick & stone facade, new awnings and lights. Interior is warm and welcoming. Has a waiting area, fully stocked bar, separate bar & bar seating area and two dining rooms with booths & tables. There is also a separate wait station, ordering station, storage room, utility room and office. Kitchen includes a 15ft hood, a 7-shelf Middleby Marshall rotary pizza oven, dough mixer & sheeter, refrigerated pizza prep tables, pizza warmers, commercial food chopper, 6-burner stove with oven, 8ft grill, broiler, 2 fryers, steamer, salad unit, 2 walk-in coolers, 2 freezers, POS system and much more. Well established location for over 35 years! And with the same owner for the past 25 years!! Turnkey!!! Keep the current franchise or re-brand. 3% royalties if you keep it a franchise. Can even run the pizzeria as a pickup & delivery operation back of the house and add another concept to the front of the house! Location: Prime retail space in a freestanding building on the highly trafficked W North Ave, just west of Oak Park Ave. Adjacent Jiffy Lube. Near Starbucks, Buona, 7-Eleven, CD One Price Cleaners and much more. Perfectly situated in affluent Oak Park, a compact community of more than 50,000 residents in less than 5 square miles. Chicago magazine has named Oak Park as one of its Top 20 Great Towns and Neighborhoods! Year Established: 1986 (Current Owners 1996) Property Information: Freestanding building. Hard corner. 150ft of frontage on highly trafficked North Ave. Large monument sign. Parking for 42 cars. Lot size 125 x 150 = 18,760 sqft = .43 acre. Zoned B2. 6 pin numbers. Real estate taxes approx. $41,000. Lease Information: Also, the option to purchase the business and lease for a base rent of $6,000mth NNN. With real estate taxes lease will be about $9,500/mth gross. Square Feet: 4,044 Seating: 15 Bar + 130 Dining Rooms = 145 Days/Hrs of Operation: Mo-Th 3p-9p & Fr-Sa 3p-10p (Limited Hours) Owners Role: Active. # Of Employees: 11 Training: Two weeks on-site comprehensive training. Gross Sales (2020): $500,000 Net Operating Income: (Contact For) Value of FF&E: Included In Asking Price (Valued at $100,000) Value of Inventory: $5,000 (Not Included In Asking Price) Seller Financing Available: Possibly, to a well-qualified buyer. Reasons for Selling: Retiring. Competition/Market: Home of the original stuffed pizza. Award-winning stuffed pizza. Authentic deep-dish pizza. Great Chicago pie. Loaded with all-natural fresh ingredients. Amazing crust, cheese and sauce. Known throughout the Midwest. Acclaimed by food critics and in newspaper readers’ poll for “favorite pizza” in Chicago, Milwaukee and Minneapolis. Ideally located. Convenient spot. Boasts great signage, visibility and access. Waiting area with seating. Also, separate bar area. And a highly coveted parking lot. Growth & Expansion: Stuffed to perfection since 1978 - the original Edwardo’s Natural pizza opened on the north side of Chicago. Currently there are 3 locations in Chicago, Oak Park and Munster, IN. Famous name. Oak Park favorite. Neighborhood gem. The “go-to” for stuffed pizza. Family-friendly pizza place. Staple in the area. Tons of fans. Lots of regulars for generations. Highly rated and recommended, great reputation to continue to build upon. Surrounded many businesses and many homes. Can expand hours. Can add in-house delivery service. Can expand the menu or add an additional concept or re-concept. Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only. Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC