|
Businesses For Sale > Business For Sale in sumit, Illinois (IL)
CHICAGO SUB. LIQUOR STORE DOING $90'000/M,$6500RENT/M AND ASKING ONLY $450000
sumit, Illinois (IL)
| Asking Price: |
Gross: |
Cash Flow: |
| $450,000 |
$1,100,000 |
$100,000 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$200,000 (not included in the asking price)
Real Estate:
$2,200,000 (not included in the asking price)
Business Summary:
THIS IS VERY BUSY LIQUOR STORE ON BUSY STREET AND IN NICE LOW CRIME RATE TOWN,AND NO COMPETITION BECAUSE CITY IS NOT ISSUE NEW LICENSES ONLY EXISTING LICENSE CAN TRANSFER SO NO NEW COMPETITION IN TOWN. STORE SALES ARE BASE 80% LIQUOR SALE AND 20% GROCERY. ATM $300/MONTH PROFIT EXTRA.NEW OWNER CAN ADD CASH CHECKING POSSIBILITIES PLUS VIDEOS AND MAGAZINES. OWNER IS RETIRING HE RAN THIS STORE LAST 14 YEARS. THIS STORE CLOSE TO SUMMIT SALE IS CONFIDENTIAL, STORE SIZE IN 4000SQ FT. RENT IS REASONABLE LIKE $19.50/SQFT NO CAM. THE COMPARABLE IN THIS TOWN IS $27/SQFT PLUS CAM $3/SQFT. SORE HAS INVENTORY $175000-$225000. NO INFORMATION IS AVAILABLE ON PHONE, YOU HAVE TO VISIT OUR OFFICE AT 494 W. BOUGHTON RD. BOLINGBROOK IL 60440. IN BETWEEN 10AM TO 4PM TO SEE ALL DOCUMENTS AND PICTURES.WE ARE NOT OFFERING ANY CO-BROKER FEE. THANKS
|
|
|
| |
|
| Year
Business was Established: 1994 |
| |
|
| Number of Employees:
1FT/3PT |
|
| |
|
| Facilities / Terms of Lease:
NORMAL |
|
| |
|
| Potential
Growth/Expansion:
3% EVERY YEAR |
|
| |
|
| Competition:
NORMAL |
|
| |
|
| Owner
willing to finance:
LENDER APPROVED WITH $260000 DOWN PAYMENT |
|
| |
|
| Owner
willing to train:
YES |
|
| |
|
| Reason for selling:
RETIRING |
|
| |
|
Seller Reference Number: 092508
BusinessMart.com Listing Number: 47265 |
|
|
To request more information
on this business
please fill out the form shown right 
|
|
|
For
more info contact:
Tauseef Syed
Americana Business Broker
630-339-6386
|
|
