Long time established multi department store

Not Disclosed, IL
Lake County


Asking Price: Annual Revenue:
$990,000 $2,348,614

Retail: General Merchandise - Retail


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RE: Long time established multi department store Broker: Mark Bailey

Quick Facts

Asking Price: $990,000
Annual Revenue: $2,348,614
Net Profit: Not Disclosed
Cash Flow: $620,609
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1965
Employees: 6
BBN Listing #: 253163232
Broker Reference #: 082421-426740

Email or Print Listing

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Business Overview:

Wow! With over 50 + years in business, this extremely profitable family owned and operated business on Chicago's North Shore has served it's loyal client base with their eclectic, innovative and utterly unique mix of cosmeceutical skincare products, exclusive label brand cosmetics, professional hair care, and junior apparel.

We have curated and grown our overnight camp essentials department into the premier go-to camp store in the Midwest. From March to July, a portion of our store is utterly transformed into a camper's heaven. From on trend camp bedding, camping essentials, custom embroidered/personalized camp apparel & duffles & camp bunk decor.

Many revenue growth opportunities can be added including e commerce, delivery, developing new categories & expanding existing product lines.

Second generation family business. Started in 1965, and second generation took over in 1977 and has grown the business significantly by adapting to their customer needs.

Unlike corporate big box stores, this independent owned business in thriving suburb continues to outperform competitors due to it's forward thinking approach, adapting to customers requests, and maintaining a very loyal customer base thar frequently visits the store from surrounding North Shore Suburbs.

Developing new categories based on evolving needs of community + increase of millenial neighbors that moved in during pandemic.

Real Estate can be included as part of business purchase.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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