Long Established Grocery and Liquor Store in Busy Area.

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Asking Price:
$650,000

Gross Revenue:
$2,350,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$400,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

BUSINESS (FULLY EQUIPPED GROCERY STORE) FOR SALE The Sterling Business Brokerage
Group is pleased to present a rare opportunity to acquire a thriving grocery & liquor market
complete with lottery sales! A neighborhood “go-to” market has the support of shoppers for over
43 years. It offers a vast array of Latino foods, both staples and gourmet plus all that you would
expect in a grocery store, only better! There are two very large display cases for meats, fish and
seafood. Offering top quality produce, a cheese case with cheeses selected with the discerning
buyer in mind. See the excellent fresh baked breads, cakes and pastries. Liquor store includes
both domestic and imported beers, wines, and spirits. Inventory is available in ADDITION to the
asking price. Butcher shop on premises.
Buyers should be familiar with grocery/wine & beer
ownership. Motivated seller!

About the Business

Location:
Chicago, Illinois
Year Established:
1976
Number of Employees:
18
Real Estate:
Leased
Building Sq. Ft.:
13,500
Rent:
$11,000.00 Per Month
Lease Expiration:
4/20/2023
Facilities:
10000 selling floor, 2500 back end. Parking for 50 cars.
Market Outlook/
Competition:
This store has been in business for over 43 years and the competition is not the go to spot like this one.
Growth & Expansion:
The store could use social media and further marketing efforts to grow the business.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
To Be Negotiated.

Listing Info

ID:
1653832
Ad Detail Views:
0

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Business Listed by

Diane Freeman

The Sterling Business Brokerage Group

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