HS Listing ID-71747

Northwest Illinois | Offered at $500,000 (Business & Building)

A rare opportunity to acquire a well-established, profitable, and growing catering company that owns both its fully equipped commercial kitchen and a 100-seat event venue — with the real estate conveying as part of the sale. This is a turnkey operation with decades of goodwill, a loyal repeat-customer base, and a clear runway for a motivated new owner.

Business Highlights
Trailing two-year gross revenue: ~$400,000 (prior year) growing to ~$426,000 (most recent year) — a consistent upward trajectory

400+ catered events annually, serving tens of thousands of meals across a loyal regional footprint

Healthy gross margins (~60%) with disciplined food cost and clean, CPA-prepared financials

Owner earnings (SDE) of approximately $115,000

Two complementary revenue streams — full-service catering plus event-venue rental — under one owned roof

Established W-2 staff and a deep, reliable event crew already in place

Real estate included: a renovated building with new roof, updated electrical, a professional commercial kitchen, and a 100-seat rental hall

What Makes It Attractive
Most catering businesses lease their space and live with the risk of rising rents or a lost lease. This company owns a purpose-built facility — production kitchen and polished event space under one roof — eliminating occupancy risk and adding a hard asset to the transaction.

The reputation is the real moat. The business has grown for years on repeat clientele and word-of-mouth referrals with virtually no advertising spend, including strong referral relationships with surrounding venues. For a buyer willing to invest even modestly in marketing, the demand clearly exists to grow further.

The Ideal Buyer
This opportunity is best suited to a buyer who values an established brand and wants an owner-operated business with a built-in asset base. Strong candidates include:

An owner-operator couple or family — the operating model fits two complementary roles (one leading the kitchen and execution, one leading sales, booking, and the books) exceptionally well.

An experienced chef or hospitality professional ready to own a complete, profitable platform rather than build one from scratch.

A local or regional caterer or event operator seeking to expand capacity, acquire a turnkey commercial kitchen, and add an owned venue.

A first-time owner-operator using SBA financing: the combination of owner-user real estate, provable cash flow, and seller transition support is a strong fit for SBA 7(a)/504 lending.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

---Listed By SFR Realty Jason Green Illinois License #471.021477---