Established & Lucrative Catering Company
Not Disclosed, IL Not Disclosed
West Chicagoland
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- RE: Established & Lucrative Catering Company
- Contact: Small Business
Quick Facts
| Asking Price: | $895,000 | |
| Annual Revenue: | $1,802,624 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $310,341 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $260,000 | |
| Real Estate: | $899,000 | |
| Year Established: | 1955 | |
| Employees: | 12 | |
| BBN Listing #: | 944286 | |
| Broker Reference #: | 851 |
Business Overview:
With 70 years of successful operation, this catering company excels in providing full-service catering for corporate events, weddings, and more. Deeply engrained in the local community, the Company has earned a solid reputation as a trusted provider and boasts a substantial base of repeat clientele.
The Company has an expansive catering menu, encompassing everything from party trays and appetizers to full-service options, with in-house place settings to accommodate up to 500 guests. Current contracts include over fifty weddings for 2024 with a dozen already in the works for 2025. In addition to its catering offerings, the Company operates a deli within its facility, available for both dine-in and carry-out.
Despite growing demand, the Company has begun declining event requests due to the owner’s deliberate decision not to further expand the business’ capacity at this time. Nevertheless, with demand on the rise, the Company remains positioned for further growth in the future.
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Property Features and Assets:
The 10,000 square feet facility features a large industrial kitchen with four large walk-in fridge/freezer units, a storefront, a main dining room, banquet room, offices, extensive storage, and a 25-car private lot with additional parking for staff and delivery vans. Ownership is flexible with the sale or lease of facility. The real estate is valued at $899,000.
Market Competition and Expansion:
Investment Highlights Include:
- Longstanding & Established Customer Base
- Diverse Service Offerings
- Excellent Location
Growth Opportunities Include:
- Increase Marketing Efforts
- Hire General Manager
- Expand Number of Catering Events Available to Service
Reason for Selling:
Ownership would like to pursue other business ventures.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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