Grocery Store with Two-Story Building Property in Augusta, Illinois!
| Asking Price: | $399,000 |
| Gross Revenue: | $708,000 |
| Real Estate: | $399,000 |
| Cash Flow: | $115,368 |
| Inventory: | $75,000 |
Inside sales currently $59,000 per month!
Seller and wife make up over $4,700 of a total payroll of $8,340 per month! Seller's total take home is over $9,600 per month AFTER paying Employee Payroll and all other expenses!
Game machine commission is $2,000 per month one-side.
COAM Contract has only 1 year remaining!
Seller has No Tobacco and No Lottery! HUGE Opportunity for Buyer to increase sales substantially by adding tobacco, Lottery and vape products as well!
9,200 total sq ft including two floors (4,600 per floor)! Upstairs can be converted to use for rental or other income producing uses.
0.17 acre property included in the sale!
Located in a residential area!
Close proximity to restaurants like Champs Chicken, Rusty Reds Farm Table, The Buss Stop, Rudy's Restaurant, and The 19th Hole.
Near Southeastern High School with over 122 students.
40 minutes from Quincy, IL! 1 hour 40 minutes from Springfield, IL! 1 hour 50 minutes from Peoria, IL! 2 hours 30 min from St. Louis, MO! 2 hours 40 minutes from Columbia, MO! 3 hours from Champaign, IL! 4 hours 30 minutes from Chicago, IL!
Average traffic count of over 2,400 vehicles passing by the store each day.
Local population has a median household income of $53,275.
Only one competing grocery store in town! HUGE opportunity to beat out the competition!
Seller has operated the business for the past 3 years.
Includes a 50-door walk in cooler.
Asking Price for Business and Property: $399,000 plus inventory! Inventory is guesstimated to be between $75,000 to $80,000.
