Convenience Store
Location:
United States
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Illinois
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Chicago
Industry: Food and Beverage > Grocery and Supermarkets
Business Summary
High Traffic Lakeview Convenience Store for sale. Located at one of the busiest intersections in one of Chicago's most sought-after neighborhoods, this independent convenience store was doing a brisk business long before most of its current customers were born.
The remarkable staying power of the business is partly due to its truly phenomenal location, but also to its family atmosphere and to its keen management's ability to keep the store stocked with exactly those essential little items its customers demand.
The pedestrian traffic past the front of this store undoubtedly rivals that of many Loop intersections -- only unlike the Loop, this area is busy seven days a week.
The configuration of the leasehold would permit expansion of the business to include limited fast food concessions and other high-profit additions to cash flow.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$660,000
Cash Flow:
$240,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $130,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2002
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train. Reason For Selling: Other ventures.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Grocery and Supermarkets business for sale.
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Print Listing Id: 70054666
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