Corporate Catering and Delivery Chicago Suburbs

Not Disclosed, IL
Cook County

Chicago Suburbs


Asking Price: Annual Revenue:
$300,000 $1,044,063

Food & Beverage: Catering, Food Preparation


Request More Information
Contact the Seller

RE: Corporate Catering and Delivery Chicago Suburbs Broker: Jim Peddle
Owner Financing is Available!
$25,000.

Quick Facts

Asking Price: $300,000
Annual Revenue: $1,044,063
Net Profit: Not Disclosed
Cash Flow: $146,189
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 16
BBN Listing #: 200950522
Broker Reference #: PB16195

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This $1mm revenue Corporate Catering and Delivery company has been a fixture of its community for almost 20 years. It is open most days of the week but weekends are exclusively for catering orders. The Company's catering clients are mostly regular corporate customers in construction, food manufacturing (Over 9 departments order from the company) and Fortune 500... Its catering services include hot and cold meals, breakfast, lunch, and dinner. The Company does some onsite cooking and can provide servers/bartenders when needed but that is not its primary emphasis.

Both the catering and the onsite deli are more seasonal businesses. Catering is busiest from the end of August to the end of December with a couple of spikes in the spring and early summer. The deli is becoming a much more stable source of income, largely due to the growth in small delivery orders to offices and other similar orders. Yearly revenues are usually split 60% for the deli and 40% for catering. The company introduced online ordering via Toast in 2018 and had a nice bump in sales. The catering business uses Caterease.com.

Please contact us for an NDA and please provide your experience via Linkedin or send a resume outlining your food background.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company operates out of a charming 150-year-old building that is owned by the sellers. The building is in very good repair and includes an apartment that the sellers rent to a couple of tenants. The sellers also recently purchased the empty lot across the street for parking and can include that in the sale, or rent it to new owners. The sellers would prefer to sell the building and lot along with the business assets but are open to renting/leasing it to a qualified buyer.

Market Competition and Expansion:

The Company does very little marketing besides its daily phone recordings that state the daily specials and any special offers as well as placing the daily specials on Facebook. Some of the schools and churches publish coupon books that the Company occasionally buys spots in, but it only does so for its customers. All of the Company's business is repeat or referral. It has 4.5 stars on yelp out of 60 reviews, and 5 stars on google out of 100+ reviews. The Company used to pay Yelp for some advertising, but it didn’t see enough activity generated so it stopped. The Company has a general website that lists the menu options and contact information. It also has online ordering enabled powered by The Company’s POS system which has been steadily improving since its introduction. There are a lot of opportunities to expand the business. The hours could be expanded to make way for a dinnertime crowd. The catering and deli menus can be updated and expanded to include healthier food options. A new owner could also invest more time and money into advertising to bring in new catering clients. The Company could also be much more aggressive with pursuing customers and closing orders.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!