CONVENIENCE STORE

Business Opportunity for Sale
Catylist Listing ID: 30340080
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $145,000
Name of Establishment: GRACE GROCERY STORE
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/11/2018

Overview / Comments

LOCATION!!LOCATION!! LOCATION!!!. THIS STORE IS STRATEGICALLY LOCATED ALONGSIDE OF ROUTE 173 WITH GREAT ACCESSIBILITY TO THE STORE. A SUCCESSFUL OWNER OPERATOR FAMILY INVESTMENT. GREAT MONTHLY POSITIVE CASH FLOW BUSINESS. THIS CONVENIENCE STORE IS A BASIC NEIGHBORHOOD COMMUNITY FAMILY STORE WITH GOOD LONG TERM CUSTOMER BASE. OPPORTUNITY TO INCREASE SALES BY ADDING :
1)FOOD CORNER –- PIZZA SLICE/HOT DOG
2) GOVT. CHECK CASHING
3) ADD WESTERN UNION–- GREAT OPPORTUNITY
4) PAY BILL MACHINE FOR CONVENIENCE
5) INCREASE BASIC FOOD CATEGORIES FOR LINK CUSTOMERS

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: McHenry
Industry Segment: Convenience Stores
Reason for Selling: CURRENT OWNER IS RELOCATING TO ANOTHER STATE FOR FAMILY REASONS.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: CURRENT OWNER WILL TRAIN IF REQUIRED.
Competition/Market Description: VIRTUALLY NO COMPETITION.
Growth/Expansion Opportunities: OPPORTUNITY TO INCREASE SALES BY ADDING : 1)FOOD CORNER --- PIZZA SLICE/HOT DOG 2) GOVT. CHECK CASHING 3) ADD WESTERN UNION--- GREAT OPPORTUNITY 4) PAY BILL MACHINE FOR CONVENIENCE 5) INCREASE BASIC FOOD CATEGORIES FOR LINK CUSTOMERS
Seller Financing Description: NONE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,855 8,110 15,411
Median Age: 29.02 30.38 36.27
Households: 887 2,611 5,287
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