$200K Owner NET Grocery/Convenience Store Motivated Seller

Winnebago County, IL

Seller Financing Available
$200K Owner NET Grocery/Convenience Store Motivated Seller

Asking Price:$349,000

Cash Flow:$200,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:$70,000*

Established:1940

*not included in asking price.

$200K Owner NET Grocery/Convenience Store Motivated Seller

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Business Description

$180,000 Cash Flow Easy.to.Manage Big Potential Motivated Seller

High volume neighborhood Grocery/ Convenience Store Since 1940's
.
Sells General merchandise, snacks, candy, beverage, meat ETC.
.
Little or no competition.
.
Great long time established clientele.
.
Monthly Sales around $160,000 dollars

Gross Profit Margin about 28%
.
Current Owner's Cash Flow $160,000/yr.
.

PLUS Lottery Sales estimated around $20,000 dollars
.
Price $349,000 dollars + Inventory.
.
Option to buy the property anytime within the lease term.
.
Lease 10 years.
.
Rent $5,000 dollars /month plus RE tax of $200 per month
.
THAT IS ALL YOURS FOR THIS LOW PRICE.
.
$$$$$$$$$$$$$$$$$$$$$$$$
.
IF FAMILY RUNS THIS business, YOUR CASH FLOW IS over $240,000/month
.
$$$$$$$$$$$$

Detailed Information

Inventory:
Not included in asking price
Employees:
10+
Facilities:
2,800 SQ .FT Convenience Store HOURS OF OPERATION: 7A.M.-9P.M.-WEEKDAYS 7P.M. 9P.M.-WEEKENDS
Competition:
Yes
Growth & Expansion:
Yes
Support & Training:
Yes
Reason for Selling:
Tired and cannot manage properly

Listing Statistics for Premium Members

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Mehmood H. Syed, CM&AA

Business Listed By:
Mehmood H. Syed, CM&AA

Syed Brokerage & Capital Co.

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