Business Description

Growing business - $6mm in annual revenue for 2017

Playbook Advisory has been engaged to sell the assets of a growing and extremely profitable Japanese market and food court located in the Chicago Suburbs. This truly one of a kind business does approximately $6mm in annual revenue and has excellent reviews across all its social media channels. The Company has few competitors and an incredibly large and loyal customer base from all over the Greater Chicago area. The Company has recently started a shipping program to send its products to customers all over the Midwest.


Detailed Information:

Detailed Information

Inventory:

Not included in asking price

Real Estate:

Leased

Building SF:

10,000

Lease Expiration:

N/A

Employees:

20

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

The Company operates out of a single 10,000 sq/ft facility that includes a large grocery storefront, kitchens, and a food court style eatery that seats up to 88 patrons. The property is either leased by a third-party landlord.

Competition:

The Company has one other major competitor in its territory. However, despite being bigger, its competitor has lower quality product offerings and a less adaptable marketing plan.

Growth & Expansion:

A new owner has a wealth of opportunities to expand into other markets. The Company has a catering division that has excellent potential since is the only location in all of Chicago that is capable of producing large volumes of high quality sushi at reasonable prices. The Company also has an ecommerce site that allows customers all across the Midwest to purchase its products. Currently, the Company ships out 2-3 packages daily.

Support & Training:

Mutually agreed upon training and transition

Reason for Selling:

Health reasons

 


Financials:

Asking Price:$1,695,000

Cash Flow:$704,734

Gross Revenue:$6,080,782

EBITDA:N/A

FF&E:$300,000

Inventory:$300,000*

Lease Rate:N/A /SF

Established:2012

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