Chicago Wedding Caterer - 25 Years Same Owner - $3.3M Sales
Financial Details
- Asking Price:
- $1,200,000
- Annual Revenue:
- $3,335,000
- Cash Flow / SDE:
- $300,000
- Profit Metric:
- Net Profit
- Valuation Multiple:
- 4.0x
- Location:
- Chicago, IL, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established wedding catering business located in Chicago, Illinois, with a strong track record of 25 years under the same ownership. The business specializes in wedding catering, which accounts for 75% of its revenue, with the remaining 25% coming from corporate catering. It boasts high repeat business and offers excellent training and support for a new owner. The operation is housed in a freestanding 4,000 sq/ft commissary featuring a state-of-the-art kitchen with multiple walk-in boxes. The business is SBA friendly, with clean books and tax returns, making it attractive for financing. The current lease has remaining term and an option to renew, with a monthly rent of $7,000. In 2021, the business achieved gross sales of $3,335,000 and a net profit of $300,000, with projections for 2022 indicating similar or better performance. The business includes a full staff.
Industry Information
- Industry Description:
- Wedding Caterer
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2000
- Employees:
- 9
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $7,000 USD
Listing Details
- Listing ID:
- b0e1b3b5-2a2b-4973-ae0f-4c48d3bfbf37
- Source Listing ID:
- #5024
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD