Convenience Store
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $660000
Net Profit / Cash Flow $240000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory 130000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description High Traffic Lakeview Convenience Store for sale. Located at one of the busiest intersections in one of Chicago's most sought-after neighborhoods, this independent convenience store was doing a brisk business long before most of its current customers were born.
The remarkable staying power of the business is partly due to its truly phenomenal location, but also to its family atmosphere and to its keen management's ability to keep the store stocked with exactly those essential little items its customers demand.
The pedestrian traffic past the front of this store undoubtedly rivals that of many Loop intersections -- only unlike the Loop, this area is busy seven days a week.
The configuration of the leasehold would permit expansion of the business to include limited fast food concessions and other high-profit additions to cash flow.
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