Food Market I Corner Store I Beer and Cigarette Sales

Milwaukee, WI
Pic of main store area
Asking Price:$299,985
Gross Revenue:$358,006
Rent:$2,960
Established Year:1960
Cash Flow:$113,974
Inventory:$50,000
FF&E:$20,000
BUSINESS DESCRIPTION

BUSTLING CORNER HISTORIC STORE ESTABLISHED SINCE 1960 IN THE HEART OF MILWAUKEE! Step into history with this Food Market location that also sells cigarettes and beer , a beloved corner store that has been a staple of Milwaukee since the 1960s. This charming business, with its rich history and loyal customer base, is ideally located near residential housing, ensuring a steady flow of foot traffic. Situated close to popular restaurants and just a short walk from the lakefront, forest preserves, parks, and beaches, the area attracts both locals and tourists. The vibrant area is known for its dynamic atmosphere making it a prime location for business entrepreneurs. Owning this business is more owning a convenient store; it's a chance to become a part of Milwaukee's history. Whether you're looking to continue the tradition of a beloved corner store or bring a fresh, new concept to the area, this business offers endless possibilities. Don't miss this unique opportunity to own a piece of Milwaukee history while positioning your business in a prime location for success.


DETAILED INFORMATION
Location
Milwaukee, WI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
30/06/2028
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Walk in cooler, 7 coolers for beverages, security camera system. Full basement for storage.
Growth & Expansion
Opportunities to deliver products, beer and more. Could expand hours of operation. Location offers a full basement with its own private entry. Basement could be used for another business or could be used to create a show room for more inventory ( wine or liquor).
Support & Training
Seller will train. Amount of time is negotiable.
Reason for Selling
Retiring

BUSINESS LOCATION
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Paul
Proano
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Paul Proano