Supermarket in NW Chicago Suburb

Cook County, IL

Supermarket in NW Chicago Suburb
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Asking Price: Get Financing: $400,000

Cash Flow: N/A

Gross Revenue: $6,500,000

EBITDA: N/A

FF&E: $250,000

Inventory: $500,000*

Lease Rate: $23,000 /SF/Month

Established: 1992

*not included in asking price.

Supermarket in NW Chicago Suburb

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Business Description

Supermarket in NW Chicago Suburb

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

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
24,000
Lease Expiration:
N/A
Employees:
37
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
24,000 SF masonry constructed building in good condition. Only the business and all trade fixtures are included in the listing price. This is a long time and established grocery store business since 1997 with high cash flow and volume. Store has a strong neighborhood presence and is located in a highly visible 24,000 SF 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 and the real estate is leased.
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.
Support & Training:
Owner will provide support/training for an agreed period of time.
Reason for Selling:
Retirement
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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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