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Illinois Business For Sale |
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| 2 GROCERY STORES, 2 HOURS W OF CHICAGO $0 DN. |
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| Attn: Tauseef Syed |
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| Princeton, IL, USA |
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| Asking Price: |
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$750,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Conv & Food Stores |
| Reason for Selling: |
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Relocating |
| Year Established: |
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1988 |
| # of Employees: |
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11 |
| Yearly Revenues: |
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$1,200,000 |
| Yearly Cash Flow: |
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$75,000 |
| Yearly Net Profit: |
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$300,000 |
| Yearly Gross Income: |
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$1,200,000 |
| Monthly Payroll: |
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$9,750 |
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Business for Sale Overview:
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These well established 20 years old grocery stores generated close to $1.275 million in sales for 2006. The sales for 2007 should be about the same. It is located in a town of over 1,500 people west of Peru and has no limited competition. There are expensive summer homes and lakes nearby. The store is close to 4,500 square feet and 8,000 square feet. There are full grocery, deli, bakery, and liquor departments. The store also rents videos. There are many other products that could be added to this store and an ATM could also be added. There are 11 employees that operate the store seven days a week until 7 PM. The owner's profit is over $75,000 a year.
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Property Features and Assets:
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Property located in nice busy neighborhood and 20 minutes
away form each other. |
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Market Competition and Expansion:
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Only grocery stores in neighborhood and last 20 years established business, doing steady sale. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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