Selling a Catering Company in Chicago?
As one of Illinois's major markets, Chicago attracts a large, competitive pool of qualified buyers — from individual owner-operators to regional private equity groups actively seeking catering companies in Cook County.
Catering Company businesses in Illinois typically sell for 2x–3.5x SDE based on Seller's Discretionary Earnings, with an average sale timeline of 6–12 months. The key value factors buyers focus on include: Corporate account contracts, Event calendar bookings, Equipment, Staff stability.
The most common buyers of catering companies in the Chicago area include chefs, hospitality professionals, restaurants looking to expand. SBA 7(a) financing is available for qualified buyers, which significantly expands your pool of potential acquirers.