High Volume Liquor Store in Will County UNDER CONTRACT

Romeoville, IL (Will County)

High Volume Liquor Store in Will County UNDER CONTRACT
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Asking Price: $295,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $100,000

Inventory: $200,000*

Rent: $4,800 /Month

Established: 1984

*not included in asking price.

High Volume Liquor Store in Will County UNDER CONTRACT

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Business Description

PLEASE DO NOT VISIT OR CALL SELLER ANYMORE WE ARE UNDER CONTRACT.
THANKS
The sale is really High End, a seller will open books for only serious buyers.
This is 35 years Old Store located in a busy strip mall, plenty of parking easy access from busy RT. 53. 3600 sq.ft. store and lease are $16/sq.ft. Gross. The current rate for commercial leases in new strip malls is $28/sq.ft. in this market. Financial are available in our office for serious buyers. Seller wants to retire he has been running last 25 years.
30 days sales verification, buyers can watch store sales daily open to close as employee buyers duties will include check vendors, take customers and fill up cooler seller will not provide a chair to the buyer.

Detailed Information

Location:
Romeoville, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
12/31/2019
Employees:
2FT/2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Average, this location has last 40 years footprints, customers come without advertising and also their 2nd generation is his customer.
Growth & Expansion:
Add more inventory and run promotions, sell beer with low margin sales will go up.
Support & Training:
2 weeks 30hrs/week paid by Trainees. ($500/Week)
Reason for Selling:
Retiring
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(from currently available funds)
 
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Tauseef Syed

Business Listed By:
Tauseef Syed

R & J Commercial Real Estate Inc

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