Absentee Owned, Highly Profitable Party/Event BusinessChicago, Illinois

Chicago, Illinois Business For sale

Property Features

Property TypeBusiness For sale Year Built-
SQFT- Tenancy-
Building ClassA Zoning-

Details

  • Proparty Sub CategorieEntertainment and Recreation
  • Asking Price440000
  • Cash Flow170723
  • Gross Revenue313948 sqft
  • EBITDAN/A
  • FF&EN/A
  • InventoryN/A
  • Established2015
  • LocationChicago, IL
  • Employees8
  • Support & TrainingThe owner is willing to train/assist the new owner
  • Reason for SellingOther business interests

Description

This rapidly growing business serves large groups of friends, families, teammates, corporate work associates (and even Chicago Bears!) to provide a unique way to celebrate a special event. The business has taken advantage of a growing industry across the world allowing it to offer fun activities for all age groups. Over the last 3 years, revenue has increased +85% and profit has increased +44%. The current owner is absentee and only works about 10 hours/week. The business has an experienced staff in place (willing to work for a new owner) that handles all day-to-day operations. The staff is experienced in designing parties tailored to specific age groups as well being able to match events to unique indoor or outdoor off-site facilities. The business leases a highly visible storefront in an affluent Chicagoland area. The landlord is open to lease extensions, if desired. Additionally, there is further room for expansion if the new owner wishes to grow the business in the current location. The business has a state-of-the-art website for convenient booking, marketing, and client tracking. Additionally, it has key partnerships with large Chicagoland associations, driving customers in the door.

View Map

Reviews

Commercial Broker/ Founder

Contact a Broker Today

Offered by Broker
Contact Listing Broker
Request a Property

Contact us for any property for sale or for lease that you want across America.

Contact Funding Expert

Contact us for support in loans or financing of any property or business investment in America.