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Highly Profitable Deli / Liquor Store / Food Center
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2402946
Net Profit / Cash Flow $379650
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 10 - 19
Inventory $550000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Other business interests
Description This listing is for a highly-profitable and well-established liquor store & food center located in a very safe neighborhood in the southeast Chicago suburbs. This business is an extremely popular fixture in the community and it offers a buyer a yearly income of over $350,000. The business offers a wide variety of ethnic foods, domestic and imported wines and a deli counter featuring delicious, fresh sandwiches and very well-regarded local specialties. In addition, they also offer fresh baked goods as well. Over the last three years, this business has shown consistently strong revenues and owner benefit with approximately $1,200,000 in assets to be transferred with the sale of the business (including the real estate valued at $550,000). There is also growth potential for this highly profitable business as well. It should be noted that $800,000 of the total revenues come from lottery sales. A new owner could expand into the building next door and sell to festivals and farmerrs market events there. This is an outstanding business opportunity. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $1,600,000
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