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Business For Sale

14,000 Square Feet With $2.0 Million In Sales

65 miles NW of Peoria, IL, USA

Food & Beverage: Conv & Food Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$379,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
15
42473887

Business for Sale Overview:

Very Nice locally owned 14,500 sq. ft. full line (grocery, meat, produce, deli, beer & wine) grocery store. Local bank financing available to a qualified, experienced buyer. The selling price includes the property, building and business. The current owner has an economic development grant from the community which allows him to purchase the equipment package (store fixtures) for $1.00 per year with a buyout at the end of ten years. This agreement is transferable to a new buyer! Inventory is valued at cost of $165,000 and is seperate from the listing price. Seller will be paid for inventory at closing! Local bank financing available with excellent interest rate for the property, bldg., business and inventory with twenty % down to a qualified buyer. Sales for 2008 were approximately 2.0 mil. This is a very well maintained store with good sales. The community is currently experiencing a job growth and has an excellent school system. VERY MOTIVATED SELLER! THE BANK IS SERIOUSLY WILLING TO WORK, FROM A FINANCIAL PROSPECTIVE, WITH A BUYER WHO WILL BE AN OWNER/OPERATOR. NO ABSENTEE OWNERSHIP. ******PRICE REDUCTION OF $100,000 from $479,000 to $379,000! ********

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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