Chicago Illinois Wedding Caterer Chicago, IL 60601
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Chicago Illinois Wedding Caterer
- Property size
- 4,000 SF
- Property type
- Retail properties
Description
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).
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6197
- Latitude
- 41.884
