Supermarket and Building in NW Chicago Suburb

Cook County, IL

Supermarket and Building in NW Chicago Suburb
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Asking Price: Get Financing: $2,200,000

Cash Flow: N/A

Gross Revenue: $5,500,000

EBITDA: N/A

FF&E: $250,000

Inventory: $500,000*

Real Estate: $1,500,000

Established: 1992

*not included in asking price.

Supermarket and Building in NW Chicago Suburb

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Business Description

Supermarket and Building in NW Chicago Suburb

This member of a local chain offers basic groceries, meat, produce, lotto, beer, wine, spirits and has an in-house bakery and deli.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
33
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12,000 SF masonry building with a 100 space parking lot. The real estate and business with all of the trade fixtures are included in the listing price. The building is approximately 12,000 SF in size and has a large parking lot with 100 spaces. The long time grocery store was established in 1992 and generates high cash flow and volume. Store has a strong neighborhood presence and is located in a highly visible, masonry constructed building on a busy street. This supermarket sells basic groceries, meat, produce, wine, beer, spirits, lotto and has an in-house deli and bakery with selections prepared daily. Inventory is not included in the asking price. All inquiries contact listing agent.
Competition:
The business benefits from its location and long-standing reputation in the community which has produced a loyal customer base.
Growth & Expansion:
Offer additional non-grocery and household items.
Reason for Selling:
retiring
Contact Seller

Contact the Seller

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David Burchert, IFA, MBA

Business Listed By:
David Burchert, IFA, MBA

Transworld Business Advisors/North-West-Chicago

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