***Price Reduced*** Proven Big Money Maker Deli/Caterer, Niche Market

Chicago, IL (Cook County)

***Price Reduced*** Proven Big Money Maker Deli/Caterer, Niche Market
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Asking Price: $179,000

Cash Flow: $161,916

Gross Revenue: $940,481

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

***Price Reduced*** Proven Big Money Maker Deli/Caterer, Niche Market

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Business Description

****PRICE REDUCED - A TREMENDOUS DEAL – JUST OVER 1.0X SDE****
****OWNER MOTIVATED FOR QUICK SALE****

Highlights: Two revenue streams, niche market, limited hours, consistently highly profitable.

This long-standing business has roots back over 100 years. Eventually it evolved into meat market, sandwich shop, and convenience store as it successfully carved its niche among large supermarkets. Around 1990 catering was added. The current owners purchased the shop in 2000. They remodeled and refocused, successfully targeting a need for a local deli and caterer.

They offer excellent, high-quality menu choices. Their reputation is outstanding in the community, with excellent online review ratings. The customer base is local and loyal.
They have contacts at most major industrial businesses in their marketing areas forming a reliable base of customers for their catering division. There is ample opportunity for growth. Little to no advertising or marketing is done. Also, hours are currently short; they close at 5pm during the week and at 7pm on weekends.

They do have a gaming license and 3 machines, as well as a liquor license for on-premise beer and wine.

The real estate is also available separately. Buyer can purchase the real estate (preferred) or lease from the current owners. The owners are looking to retire and move out of state.

Detailed Information

Location:
Chicago, IL
Reason for Selling:
Retirement, relocating out of state
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(from currently available funds)
 
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Joe Bartosek

Business Listed By:
Joe Bartosek

The Midwest Group

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Sponsoring Broker:
Midwest Group

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