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Businesses For Sale > Business For Sale in Hancock County, Illinois (IL)

Liquor Store Selling $140000/month,with RE, Seller Financing, $5500 Rental Income,39000 Population, for sale in Hancock County, IL

Hancock County, Illinois (IL)

Asking Price: Gross: Cash Flow:
$ 1,200,000 $ 1,620,000 $ 324,000

Inventory Value:
$ 180,000 (not included in the asking price)

Business Summary:
This is 4000 sq.ft. stand alone building,$5500 rental income laundromat with 50 cars parking, they just did remodeling for $90'000 on the building, 39000 town population, increasing by 10% every year, store sales are steady since last 5 years, only 5% cigarettes sale in total sales, average mark up of Beer,wine & liquor is 20%, extra income of $2000 from lottery and ATM machine, plus cash checking if you want can do up to 500'000, all you have to keep $100'000 cash in first weak of the month and make 3% commission which will be $15000. This is an extra potential in this location, call for more information • White alone - 26,794 (70.3%) • Black alone - 6,899 (18.1%) • Hispanic - 3,317 (8.7%) • Two or more races - 526 (1.4%) • Asian alone - 315 (0.8%) • Other race alone - 149 (0.4%) • American alone - 106 (0.3%) Estimated median household income in 2009: $43,481 (it was $34,729 in 2000) Location $43,481 Illinois: $53,966

 

   
Year Business was Established: 1997
   
Number of Employees: 2FT/2PT  
   
Owner willing to finance: Seller financing  
   
Owner willing to train: Yes  
   
Reason for selling: Relocating  
   
Seller Reference Number: 01112112
BusinessMart.com Listing Number: 109579
 

 

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Liquor Store Selling $140000/month,with RE, Seller Financing, $5500 Rental Income,39000 Population, For Sale in Hancock County Illinois

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