Liquor Store for Sale in SPRINGFIELD,IL

Springfield, IL (Sangamon County)

Liquor Store for Sale in SPRINGFIELD,IL
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Asking Price: $90,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: $140,000*

Rent: $2,530 /Month

Established: 2009

*not included in asking price.

Liquor Store for Sale in SPRINGFIELD,IL

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Business Description

Great location near university of Illinois (Springfield) and a lake.

PRICE REDUCED!!!! Liquor & Tobacco store for sale. Doing 700,000 annually. add more inventory, food & gambling machines to generate more revenue and profit.. current lease term ends in 09/2020. Rent+facility maintenance+initial real estate all together $3300. just rent by itself $2530.
current optional term lengths are as follows : 1) 10/2017 to 09/2020 2) 10/2020 to 09/2023 3) 10/2023 to 09/2026

Detailed Information

Location:
Springfield, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,891
Lease Expiration:
9/30/2020
Employees:
1.5
Competition:
prime location with less competition
Financing:
current lease term ends in 09/2020 and available lease term until 2026.
Support & Training:
1 to 2 week
Reason for Selling:
absentee of OWNER & MANAGER
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Business Listed By:
Karan Patel

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