Highly Confidential Liquor Store
Gross Sales $1'600'000
Size 5000 sq.ft.
Neighborhood All Cash
ASKING PRICE $450'000 PLUS INVENTORY
SBA LOAN READY 25% DOWN WITH INVENTORY
CASH CAPITAL REQUIRED $175'000
This store located 40 minutes from downtown Chicago. Current owner are there for last 7 years, store is there for 30 years. Please this for serious people, neighborhood looks rough but it is not. Sales are guaranteed, you can stay on business to confirm the sales with $25'000 Non refundable if the sales are 10% plus minus for 30 days count average by 12 months. Average Margin is 28% plus $2000 lottery commission monthly plus ATM income, you can start Cash Checking also. Price is Firm.
This store is a one man show, if you can operate from OPEN-to-CLOSE. The operator can count it as a $10/hr job, plus within a year if you have a customer friendly attitude the business can surely double. Due to absentee ownership the sales did not go up. Owner is ready to be a partner of 50% share, or he can finance 50% part, in case, you don't want to spend full amount. Rent is good at $4300/month Gross for next five years, plus 2 options. Busy street, lots of parking. It has a 22 door walk-in-cooler which cost the owner $60'000 when they built this store. It is a meticulous store and you don't have to do anything other than just smile and welcome as many customers as you can inside the store. With a little effort a dedicated operator can turn this place into a money making spot.
Busy Street Location
R&J Commercial Real Estate Inc
200 S Frontage Road. Suite 316
Burr Ridge IL 60527
Phone: 855 495-1110
Fax: 815 461-1292
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