Highly Profitable Deli / Liquor Store / Food Center
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2188248
Net Profit / Cash Flow $204479
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 10 - 19
Inventory $100000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Other business interests
Description This listing is for a highly-profitable and well-established liquor store & food center located in the very safe neighborhood of Hedgewich on the southeast side of Chicago. From Memorial day on, this is a very strong business. This business is an extremely popular fixture in the community and it offers a buyer a yearly income of over $200,000. The business offers a wide variety of ethnic foods, domestic and imported wines and a deli counter featuring delicious, fresh sandwiches and very well-regarded local specialties. In addition, they also offer fresh baked goods as well. Over the last three years, this business has shown consistently strong revenues and owner benefit. The real estate is available separate from the asking price for $400,000. Adjacent properties are also available. There is also growth potential for this highly profitable business as well. It should be noted that $800,000 of the total revenues come from lottery sales. A new owner could expand into the building next door and sell to festivals and farmerrs market events there. This is an outstanding business opportunity. The inventory is not included in the asking price (approximately $175,000). If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $750,000
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