Asking Price: $1,350,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
10% DOWN will buy you this Well Established, High Volume grocery store with Gas and Godfather's Pizza Franchise. Located only an HOUR from Chicago. Neighborhood store just minutes from Indiana Dunes state park with repeat clientele. Grocery sales $108,000, Gas 30,000 Gallons, Pizza $8000-$10,000. Lotto/ATM/ETC. income is $2500/month. The numbers provided are based on last years sales, 2019 sales are actually higher than last year. The store exterior has been recently remodeled with new Wayne Pumps along with new inside POS system (2 registers), LED signs and LED lights and new concrete around pumps. Real Estate tax is only $8000/year. Business is qualified for SBA loan with only 10% Down for the right buyer with the right credentials. To qualify for the loan, buyer must provide last 3 years of personal taxes and last 3 years of business taxes if buyer owns a business. Buyer must also fill out a personal finance statement. HURRY! This business will not last for too long in the market because of it's close proximity to Chicago and great sales figures. Note: No seller financing. Inventory is approximately $100,000 NOT included in selling price.
About the Business
Number of Employees:
Building Sq. Ft.:
Store inside is approximately 4000 sf. There store has tons of room for adding another franchise or others items. There are 2 brand new Wayne double pumps. with brand new Topaz Commander POS system. 13 doors walk-in cooler/freezer plus an additional walk-in cooler. Parking is available in front and side of the building.
This is the only store in the neighborhood with full groceries that is open 24 hours a day. Store has tons of room for adding other franchise or items.
Growth & Expansion:
Store sales figures have gone up after the remodeling. Owner is in the process of applying for beer and wine license which will definitely affect the overall sales.
Well Established High Volume Gas Station w/C-Store & Godfather's Pizza
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