Available

Price: $275,000

Location: Chicago

Industry: Fast Food

Listing ID: 2M191

High-quality beverage and food products manufactured by this company are sold at multiple retail locations also owned by this same company. All retail and production locations are included in this sale.

Listing Details

Total Sales: $1,027,000

SDE: $103,913

Cash Flow: $103,913

FFE: $250,000 (Included in Price)

Inventory: $20,000

Reason For Sale:

To operate other businesses in a different industry.

Training & Support:

As much as needed and as agreed during the purchase process as the seller is very sincere about making sure this is a smooth transition.

Operation

Year Established: 2014

Days & Hours of Operation: M - F 8 to 7, Sat 9 to 6, Sun 9 to 5

Owner Hours Per Week: 15

Employees: 22

Managers: 2

Location

Monthly Rent: 10937

Type of Location: Retail Storefront + Food Production

Square Footage: 2330 Retail and 3000 production/Office

Facilities Information:

The rent includes the rent at multiple retail locations from 650 to 980 square feet. Great neighborhoods with residential and business foot traffic as well as heavy vehicle traffic. The rent also includes an office/production location here in Chicago or approximately 3000 sq ft.

Summary

Historical Summary:

This business includes multiple retail locations plus a food production location all operating in harmony to generate just over 1 million in revenue for 2018. Growth during expansion from one location to multiple locations of approx 29% in 2018, approx 35% in 2017, and approx 53% in 2016. All business operations at all locations are included in this sale.

This business is the only model of its kind that captures this key audience in Chicago. They make and package their high-quality beverage and other food-related products and make them available for sale at their retail locations. They also make menu options to order at their retail counters for carry-out or delivery. From walk-in customers to well known Chicago sports teams, this brand is recognized as the leader for its high-quality preparation and also it very high-quality safe packaging.

Competition:

No other business of this level exists in Chicago so it has a very captive audience who demands high-quality and fresh ingredients.

Potential Growth:

This business currently services Chicago sports teams and related events who order directly in larger quantities and that type outreach can expand in addition to expanding physical sales locations. By adding a few more locations as a point of sales, this business can dramatically reduce the price per item production costs without adding much additional labor if any and that increased revenue will fall in-part to the bottom line as profitability. This can be a 250k cash flow business fairly quickly by scaling it to sell product at just a couple more locations or by simply selling the products in a few more business locations that a new owner also owns as a separate retail entity that simply sells the product in its existing space be it a coffee shop or neighborhood market or fitness club as well as at farmers markets or festivals and events etc.