Business For Sale

Supermarket in NW Chicago Suburb-Great Location

Schiller Park, IL
Cook County

NW Suburb of Chicago


Asking Price: Annual Revenue:
$2,200,000 $5,500,000

Food & Beverage: Grocery & Food Stores


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RE: Supermarket in NW Chicago Suburb-Great Location Broker: David M Burchert

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $5,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: $1,500,000
Year Established: 1992
Employees: 33
BBN Listing #: 231244552
Broker Reference #: 9110618

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Business Overview:

The real estate and business with all of the trade fixtures are included in the listing price. The building is approximately 12,000 Square Feet in size and has a large parking lot with 100 spaces. The long time grocery store was established in 1992 and generates high cash flow and volume. Store has a strong neighborhood presence and is located in a highly visible, masonry constructed building on a busy street. This supermarket sells basic groceries, meat, produce, wine, beer, spirits, lotto and has an in-house deli and bakery with selections prepared daily. Inventory is not included in the asking price. All inquiries contact listing agent.

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Property Features and Assets:

The supermarket is located in a 12,000 Square Feet building on a 61,090 Square Feet site that has ample parking and would allow for a drive-thru pharmacy etc. that could be constructed on the side of the building. The inventory value is approximately $500,000 and is being sold separately.

Market Competition and Expansion:

The business benefits from its location and long-standing reputation in the community which has produced a loyal customer base.

Reason for Selling:

Retirement

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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