Grocery Store - Gourmet's Delight

Chicago, IL (Cook County)

Seller Financing Available
Grocery Store - Gourmet's Delight

Asking Price:$1,650,000

Cash Flow:$230,119

Gross Revenue:$7,449,604

EBITDA:N/A

FF&E:$1,000,000

Inventory:$400,000

Established:1991

Grocery Store - Gourmet's Delight

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Business Description

The Company is a North Suburban, profitable retail grocery store. The store footprint of approximately 25,000 sq feet makes the shopping experience more intimate than larger, chain grocery stores. The store is known for the quality of its produce, meat, and dairy. In addition, the store carries many unique and imported items that are hard to find. Shoppers can find all their basic needs as well as specialty items. The store is located in a large strip mall with national known anchor tenants. The strip mall is on a highly trafficked corner and the store’s signage is easily seen by passing motorists. This full service store is a one stop shopping experience for its loyal customers offering produce, dairy, meats, bakery, deli, grocery and a complete liquor department. The store’s top 3 categories in 2015 were grocery, meats & produce items accounting for an estimated 47% of sales. Excellent gross margins across the board for each of the stores best sellers. This is an opportunity for buyer to expand product offerings to better serve the area’s large ethnic community. Leased facility has favorable terms with respectful, long term family owned landlord.

Detailed Information

Inventory:
Included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Seller Financing Available for Qualified Buyer
Reason for Selling:
Other Interests

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Domenic A. Rinaldi

Business Listed By:
Domenic A. Rinaldi

Sun Acquisitions

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