GROCERY SUPERMARKET IN CHICAGO WITH RE $900'000
Seller:
Attn:
TAUSEEF SYED
Location:
Chicago, IL, USA
Listing Number:
766123715
Overview of the Business:
Well established 20 years old, Corporate owned business, owner absentee. Sales are solid $70,000 per month plus $90,000 per month lotto. Lotto commission is $4,500 per month, you can almost cover easily mortgage from lotto commission. Real Estate taxes are only $11,000 per year. 7,300 square Feet store size, almost $200,000 trade fixtures in the store which is included in sales price. Store sells no beer and no liquor $70,000 per month is only grocery which has 35% profit markup. Pay roll is only $9,000 per month if family work there they can save this pay roll plus cash flow. Easy own parking lot of 11,000 square feet 40 cars easily park at one time. Location is in quite neighborhood near 130th and torrence only two grocery stores in neighborhood including this and serving almost 10,000 population.
Additional Details:
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