Food Production Business with 53,000 SF Commissary in Chicago
Chicago, IL
| Asking Price: | $7,900,000 |
| Real Estate: | $6,500,000 |
| Gross Revenue: | $6,600,000 |
| Established Year: | 1967 |
Listing ID: 2319128Listing provided by BizBuySell
BUSINESS DESCRIPTION
We are pleased to offer to qualified purchasers the opportunity to acquire this 2nd generation food production business. This offering consists of a 53,179 SF commissary in Chicago, along with two primary business lines: 1. Private label food production, and 2. Franchisor operations and food production for a 30 unit restaurant chain. Current operator is USDA, FDA, SQF Certified, and produces approximately 3 million pounds of food annually.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Chicago, IL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
53,179
Employees
35
Facilities
53,179 SF building (plus 16,346 SF basement). Long list of equipment includes:
80 & 100 gallon Kettles,
500 gallon Kettle,
750 gallon Kettle,
Lyco Chiller System,
Mateer Burt Filler,
Reeves Food Pump,
Metal Detector, and
Meat Grinders
Competition
They operate as a mid-size production facility filling a market void between restaurant kitchens and large, national suppliers.
Growth & Expansion
New market opportunities abound in the food production arena. In addition to their current customer base, the company has new production coming online to fill orders from the US military.
Support & Training
Current staff and managers willing to stay with the company.
Reason for Selling
Partners retiring
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