Sun Acquisitions facilitates the sale of "Jerry's" Restaurant (Corner Cooks, Inc.) in Winnetka IL
Jim Peddle, Senior Broker at Sun Acquisitions, Completes the Sale of "Jerry's" (Corner Cooks Inc.) a Chicago North Shore Fine Dining Establishment.
- Chicago, IL (1888PressRelease) January 30, 2015 - Sun Acquisitions, (http://sunacquisitions.com/), announces that Jim Peddle, Senior Broker, completed the sale of "Jerry's" aka Corner Cooks Inc., a Chicago North Shore fine dining restaurant, to local area Chef, Steven Leviton.
Mr. Peddle said, "The Seller's attorney referred the owner of Jerry's to us to assist with the confidential sale of this ongoing, successful, Winnetka area restaurant and catering company. As the result of our marketing efforts, the listing generated a number of early buyers and resulted in a non-binding agreement after only 9 days on the market. I am pleased that we were able to so efficiently accomplish our client's objectives."
Jerry's, an upscale restaurant and catering business has been established for over fifteen years. The restaurant was awarded "OpenTable" recognition for the last three years as well as a Zagat rating of 22.
The restaurant was founded in 1999 by Betsy Simson who wanted to, "create a beautiful place on a beautiful street where something beautiful will be made every day."
The single location full service restaurant industry is a $159B industry that is projected to grow over 2.5% per year during the next five years. The fine dining segment has done particularly well during the last five years as affluent consumers and corporate income recovered faster than other demographics. There are approximately 250,000 establishments that comprise the industry nationwide. This does not include multi-location and fast casual restaurant concepts and further highlights the extraordinary size of this marketplace.
About Jim Peddle
Mr. Peddle is an established Business Brokerage professional having been engaged on over $12,000,000 in new client listings in the past year. With over twenty years of entrepreneurial as well as project management experience, he is qualified to assist business owners in need of a professional services firm to guide them through the difficult, but rewarding process of selling their business.
Jim started his career with a position in sales and trading for a large financial services firm at the Chicago Board of Trade. His over 25 year career has taken him to some of the most successful financial services firms where he was able to capitalize on his sales and marketing background. With four years of Business Brokering experience, Jim has been able to successfully represent a variety of clients in the retail, manufacturing, distribution and food and beverage industries.
Jim is a lifetime Chicago and North Shore resident and attended the University of Iowa where he studied Economics. An active member of the Lincoln Park community, Mr. Peddle has been a long time Advisory Board Member for Highsight and has actively coached his children's baseball teams in the Oz Park Baseball League the past 4 years.
Jim welcomes business owners to contact him directly at (224) 552-0279 or at jim.peddle ( @ ) sunbeltnetwork dot com to confidentially discuss your business dot
About Sun Acquisitions
Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisitions or valuation of privately held mid-market companies. Sun Acquisitions has successfully managed and handled engagements in all kinds of industries and are recognized as a leading advisory firm in the Midwest.
Sun Acquisitions leverages the experience of its M&A advisors to bring the sophistication of large M&A transactions to the small and middle markets in an efficient, cost effective, and professional manner. Clients know that we have the expertise to manage the lifecycle of their transaction including clarifying objectives, creating leverage and maximizing ROI which are the cornerstones of any successful deal. http://sunacquisitions.com/current-engagements/.
Contact: Jordan Whitehurst, Director of Corporate Development
Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631
Phone: 773-243-1603
Email: jwhitehurst ( @ ) sunacquisitions dot com
URL: www.sunacquisitions.com.
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