For Sale
$695,000

Chicago Illinois Wedding Caterer Chicago, IL 60601

Profitable QSR, $695K, 4000 SF

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Chicago-based catering business, operating for 25 years under the same ownership, presents a lucrative investment opportunity. The business boasts impressive financials, with 2023 gross sales exceeding $3.2 million and a net profit of $200,013.26. The 4,000 square foot freestanding commissary features a state-of-the-art kitchen equipped with multiple walk-in refrigerators/freezers. A full staff is in place, ensuring a smooth transition for the new owner. The business model is highly successful, with 75% of revenue derived from weddings and the remaining 25% from corporate catering, fostering high repeat clientele. Financial records are meticulously maintained and readily available, making this an SBA-friendly acquisition. The current lease, with a monthly rent of $7,000 all-inclusive, includes a renewal option, providing long-term stability. Comprehensive training and support will be provided to ensure a seamless handover. This turnkey operation is priced at $695,000 and represents a rare chance to acquire a well-established and profitable business in a prime Chicago location (Zip code 60601).

Highlights

  • Same owner for 25 years.
  • 2023 gross sales: $3,236,000.
  • 2023 net profit: $200,013.26.
  • Freestanding commissary kitchen.
  • 4,000 square feet.
  • State-of-the-art kitchen with multiple walk-in coolers.

Property Details for 0 Chicago Illinois Wedding Caterer

Property type
Retail properties
Square Feet
4,000 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8839927
Longitude
-87.6197056

FAQs

What type of property is this?
Retail property - Profitable QSR, $695K, 4000 SF
Where is the retail property located?
The property is located at Chicago Illinois Wedding Caterer Chicago, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Same owner for 25 years.; 2023 gross sales: $3,236,000.; 2023 net profit: $200,013.26.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Chicago Illinois Wedding Caterer
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