Liquor Store 1 hr North of Chicago IL

Prospect Heights, IL (Cook County)

Liquor Store 1 hr North of Chicago IL

Asking Price:$315,000

Cash Flow:$120,000

Gross Revenue:$1,200,000

EBITDA:$260,000

FF&E:$125,000

Inventory:$250,000*

Established:N/A

*not included in asking price.

Liquor Store 1 hr North of Chicago IL

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Business Description

4000 sq.ft. Store, 17 years old business and owner is ready to retire. Monthly sales are $100'000/month, average margin is 25%, all balanced sales. Lease will be extendable, current 10 years left. $5500 rent per month include all tax and cam. You need all cash for inventory and all cash for goodwill, total cash injection will be $650'000, please fax us your proof of funds for details @ 815-461-1292. We promise will get you the keys for this business within 60 days will all due diligence. Seller will allow serious buyer to stay on business 30 days to verify all sales.
For confidential purpose we do not mention exact location in our ad.

Current Sales,

$100'000 Gross/month
Average Margin 25% means Gross Profit is $25'000/month

Take out Expenses
Salaries less than $4000/month
Rent $5500
ComEd $1161
Gas $30
At & T $200
Internet $60
Insurance $408
Garbage $172
Total $11,531 minus from Goss Profit $25'000 is $13'469

You can stay at business to check daily sales before you buy.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
All CASH

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Tauseef Syed

Business Listed By:
Tauseef Syed

R & J Commercial

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