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Cooking Classes, Private Parties, Corporate Events

Glenview, IL (Cook County)

Cooking Classes, Private Parties, Corporate Events
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Asking Price: $142,000

Cash Flow: $86,000

Gross Revenue: $175,000

EBITDA: N/A

FF&E: $80,000

Inventory: $5,000

Rent: $1,900 /Month

Established: 2014

Cooking Classes, Private Parties, Corporate Events

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Business Description

Turnkey and Highly Profitable - Be your own boss!

Established recreational culinary school business with private and corporate clients. A truly unique business with no previous food/restaurant experience required to own and operate. We're located in Chicago NorthShore in a reputable shopping mall with exciting tenants and affluent family-friendly neighborhood.

We cater to a wide range of customers - from young kids to adults and seniors. We offer hands-on classes and private parties in our entertaining kitchen studio. Some of our popular offerings are Kids Night Outs, Family Nights, Adults BYOB classes, Spring/Summer/Winter cooking camps, etc. Our camps are growing in popularity and enrollment - over 200 kids attend our Summer cooking camps each year. Our private parties with an amazing selection of themes are a huge hit with both kids and adults.

In addition to private events, we also host corporate team building events. Some of our corporate clients include large and small companies such as Allstate, Abbott, Discover, Deloitte, Crate & Barrell, Astellas, Beltone, Walgreens, etc.

We started this business to promote healthy food choices and a love for cooking in a fun and safe kitchen environment. We are proud of creating a profitable business that offers flexibility and strong growth with limited overhead and operating expenses.

Detailed Information

Location:
Glenview, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A purpose-built kitchen studio with high-end Dacor appliances such as induction cooktop, hood, refrigerator, dishwasher, professional double oven, slide-out microwave, etc. Facility includes 2 ADA restrooms, storage room, cabinets, burners, surround sound system, TV with demo camera setup, etc. A beautiful website & technology setup for class and event registrations with streamlined business processes. A recipe bank with hundreds of kid and adult friendly recipes. Marketing database of over 4000 email addresses of active and engaged local customers.
Competition:
We are in a sweet-spot when it comes to market and competition. There are only a handful of culinary experiential offerings in the entire Chicagoland area. We differentiate ourselves from traditional restaurants and night out establishments by providing a fun and unique educational experience along with high customer satisfaction.
Growth & Expansion:
Business has experienced sustained growth since opening over 4 years ago. Even with mainly word of mouth marketing, there has been a consistent rise in revenue. There is tremendous opportunity for growth in our private parties and corporate events offering. A trained staff with knowledge and expertise in all facets of the business along with an unbelievable lease rate makes this a low risk, high reward opportunity.
Support & Training:
We will provide 1 month in-depth training and additional support and guidance while you get comfortable with the operation of this business.
Reason for Selling:
Personal and Family commitments
Business Website:
http://www.flavorpot.com
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Business Listed By:
Alec Ajani

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