Established In 1981 - Family Owned & Operated For Over 41 Years
Chicago, IL
Asking Price: $2,075,000
Gross Sales: $2,013,382
Net Operating Income: $325,134
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 1981
Owner Operated: Yes
Seller Financing: No
Food Type: Bakery/Cupcakes/Cakes, Cookies
Service Type: Full Service
Business Type: Independent
Sale Type: Business With Property

Description:

Offering over 100 delicious types of authentic Italian cookies and pastries including incredible amaretti, butter, biscotti, kolacky and sandwich cookies along with scrumptious cannolis, sensational tortes and beautiful cakes. Specializes in sweet tables and custom cakes!

In addition to wholesale accounts, customers can also stop in or shop online for a box or tray for pick up or shipping. Currently only shipping cookies and making an effort to also ship their pastries soon.

Desserts and catering for every occasion or celebration including baptisms, communions, confirmations, graduations, birthdays, showers, weddings, anniversaries, business functions, holidays, parties and more. Make great gifts too!

Presently over 80% of the business is wholesale (distributors, restaurant depot, restaurants, banquet halls, wedding venues, event centers, hotels, grocery stores and more).

2021 sales up over 27%! Just started doing online orders in 2020!! Expect sales to continue to increase as online orders continue to increase!!!

Well established over 41 years. Family owned and operated with the same owners for 41 years.

Asking price includes business, property and 2 refrigerated delivery trucks.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime corner retail space in a freestanding building on a major commercial thoroughfare lined services office buildings as well as many other regional and local retailers. Benefits from over 19,500 vehicles per day. Also surrounded by many homes.

Perfectly situated in a wonderful community on the northwest side of Chicago.

Real Estate: Owned
Facilities:

One story freestanding masonry building built in 1956. Employee parking for 15, plus easy street parking for customers. On 12,908 sqft or .3 acres. Building Class = C. Zoning B3-1. Total of 7,911 sqft with 906 sqft leased out to the same tenant (a pizzeria) since 1971, currently paying $1,550/mth + utilities (water, gas, electric). Tenant’s current lease expires Sep 2023 with one 2-year option. Real estate taxes $37,871. Square Feet: 7,005. Seating: 0. Days/Hrs of Operation: Mo-Sa 8a-3p (Closed Sundays).

Number of Employees: 20
Support/Training: Two weeks on-site comprehensive training. More training available at an additional cost.
Value of FF&E: Included In Asking Price (Valued at $200,000)
Value of Inventory: $25,000 (Not Included In Asking Price)
Competition:

Chicago’s number one Italian bakery since 1986. A premiere Italian bakery. A true Chicago Italian family bakery. Old school recipes. High quality products. Use only the finest ingredients available. The perfect textures and consistency. Everything made fresh. Offer a large variety - a tasty assortment - huge selection - a lot of hard-to-find sweets. Gorgeous desserts. Traditional cookies and pastries just like Nonna used to make. Also, a lovely retail shop.

Top notch. The friendliest staff. The most talented decorators. Phenomenal crew. Amazing customer service. So friendly and knowledgeable. Exceptional attention to detail. An ultra-organized and clean facility. Seriously the best!

So many rave reviews - awesome, beautiful AND delicious, exceed expectations, expertly made, fabulous, heaven, impressive, mouthwatering, out of this world, spectacular, unbelievable and so much more!

Rated 5.0 TripAdvisor, 4.9 The Knot, 4.9 WeddingWire, 4.8 stars Google, 4.8 Facebook, 4.7 Restaurantji, 4.5 Yelp.

Growth and Expansion:

Originally started as a gelato café in 1981 and grew into a highly successful baking facility. Currently the number one source for outstanding Italian cookies, pastries and cakes!

Also, a staple in the community. A favorite from near and far. The “go’to” bakery for all pastry and sweet needs. Best bakery in town. Hands down the best Italian desserts in the city. The best selection of authentic Italian sweets found anywhere in Chicago. The only bakery to go in Chicagoland. Simply the best in Illinois. Tons of regulars for generations. Loved by all. The real deal. A rare gem.

Highly rated and recommended, great reputation to continue to build upon!

Seller Financing Available: No
Reason For Selling: Retiring.