Grocery Store in Rural Area, w/Decades of Success

Springfield, IL
Sangamon County

Asking Price: Annual Revenue:
$249,000 $1,565,004

Food & Beverage: Grocery & Food Stores

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RE: Grocery Store in Rural Area, w/Decades of Success Broker: Ben Strake

Quick Facts

Asking Price: $249,000
Annual Revenue: $1,565,004
Net Profit: Not Disclosed
Cash Flow: $127,244
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $350,000
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 611347756
Broker Reference #: 377

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Business Overview:

Price Reduced! Family owned for multiple generations; this store has remained successful for over half a century. Sellers are ready to retire and pass on this family business to the next generation. There are a number of items not currently sold, that could help a new owner expand the business, as well as additional hours. Key employees are in place and looking for an owner/operator or investor to take this business to new heights. Real Estate is also available for an additional $350,000. For more information, please contact broker or email us.

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Property Features and Assets:

Building OWN; Over 9,000 square feet Real Estate is available for an additional $350,000.

Market Competition and Expansion:

Other Grocery Stores To expand hours open, lottery tickets, cigarettes, and sell alcohol.

Reason for Selling:

Move Closer to Family & Travel

Additional Details:

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

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