Convenience Store
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $260000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 40000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description Extremely Profitable West Side Convenience Store for sale. A true Chicago classic, this unassuming convenience store throws off astounding profits while providing neighbors with the essentials of daily urban living.
The store carries the usual stock of goods -- food, snacks, lotto, cigarettes, phone cards -- which always merit that short trip ''to the corner'' to pick up. Margins are terrific. Smart stocking gives this business an inventory ''turn'' number that would make Macy, Gimbel, Kresge, Woolworth, and Walgreen all bug out their eyes in amazement.
Located at a good corner in the center of its market, the store is completely fixtured, stocked and operating. Parking is plentiful. The current owner is happy to show the new owner how everything works -- and even to show the new owner how to bring in an additional $400 per day in additional easy profit with some slight additional effort. The current owner needs to sell to attend to urgent matters in another business outside of the area.
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