Chicago Grocery Store for Sale
*** SOLD ***
More Food & Liquor stores are coming soon - up in Lake County with $2MM Gross Sales
...and others are currently on the market.
Want me to find them for you?
...and others are currently on the market.
Want me to find them for you?
Grocery Store for Sale + Property - $1,374,000.00 plus inventory
Chicago – Sale includes: the Property, the Entire Business, all Equipment & all Fixtures
This grocery and liquor store was started
approximately 30 years ago by
a group of family members and has been
open 7 days a week for the
entire time since.
The current owners are two of the original family members. One of the two owners divides his time between here and his home overseas.
This business is a neighborhood staple and has been very successful for the past 30 years.
The entire area is currently being revitalized including all kinds of new development projects in the immediate area. The store is located just past a very busy intersection.
The property consists of two parking lost and two adjoining buildings. One adjoining building is +/- 6,250 square feet and the other building is +/- 4,250 square feet.
Asking Price: $1,374,000.00 plus inventory
Gross annual sales: $1,088,000.00 (reported)
Cash flow or net: $149,000.00 (reported)
Value of furniture, fixtures & equipment: $200,000.00
Value of inventory: $225,000.00 (not included in asking price)
Value of real estate: $899,000.00
Building, Property, Lease details: Zoning is “Neighborhood shopping district”, Lot Size is +/- 25,939 square feet, Frontage is +/-207, Building Construction is Masonry and wood frame, Gross Building Area is +/- 15,000 square feet, 2 parking lots with space for approximately 44 cars. Seller Financing: Owners may discuss some financing with qualified & experienced operators.
