Prindi's Antique Mall...Sandwich, IL

Sandwich, IL (DeKalb County)

Prindi's Antique Mall...Sandwich, IL
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Asking Price: $55,000

Cash Flow: $62,660

Gross Revenue: $224,000

EBITDA: N/A

FF&E: $10,000

Inventory: $35,000*

Rent: $22,000,000 /Month

Established: 2009

*not included in asking price.

Prindi's Antique Mall...Sandwich, IL

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Business Description

THIS IS A BUSINESS AND BUSINESS ASSET SALE ONLY. Prindi's is a very popular downtown Sandwich antiques store that has many Dealers contributing to its success. Business sale includes all business assets including name, if interested.
Business is located in downtown Sandwich, IL on the corner of Main and Railroad Streets in a building that predates all but the oldest antiques as it was built in 1847. Prindi’s Antique Mall is an opportunity to view some great items from 40 different dealers under one roof! Prindi's is also OPEN seven (7) days a week!
They are one of nine antique stores in town so Buyers come out and make a day of it. Prindi's provides Customers a map of all of the shops and restaurants in town to make shopping pleasant and easier. Whether treasure hunting for yourself or looking for a gift for a friend or family member, – Prindi’s Antique Mall is the Antique & Collectible SuperStore.
Dealers bring in new items every day and items are brought up from lower level storage area as space allows. They can also help with delivery at very reasonable rates.

Motivated Sellers!!!!

Detailed Information

Location:
Sandwich, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
11,000
Lease Expiration:
12/31/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large, street level corner retail store front. Considered best location in City of Sandwich.
Competition:
There is a healthy number of like and similar retails stores in the Downtown. This brings many shoppers to Sandwich because of the number and quality of such businesses. Additionally,there are many festival and special events throughout the year that visit the City. Additionally, the Sandwich Fair is a magnet for visitors and shoppers.
Growth & Expansion:
Growth potential exists with the use of social media platforms to market and sell across a larger buying base of customers.
Support & Training:
Cross training will be a part of the transaction. Sellers will likely continue to be a Dealer at the Mall.
Reason for Selling:
Retirement.
Business Website:
http://www.prindisantiquemall.net/
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(from currently available funds)
 
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Roger Blomgren

Business Listed By:
Roger Blomgren

Inland Real Estate Brokerage, Inc.

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