Meat & Deli Store with Income Producing Real Estate
Champaign County, IL
| Asking Price: | $150,000 |
| Gross Revenue: | $1,200,000 |
| Rent: | $1,200/Month |
| Real Estate: | $350,000 |
| Cash Flow: | $40,000 |
| Inventory: | $50,000 |
| FF&E: | $125,000 |
| Established Year: | 2018 |
Listing ID: 2241413Listing provided by BizBuySell
BUSINESS DESCRIPTION
Meat & Deli Store with Income Producing Real Estate
Here's an opportunity to own and operate your own small grocery store, and meat / Deli shop. The business has produced gross revenue of $1,200,000 with opportunity to grow even more. The absentee owner ran business has the capability of earning more cash flow if the buyer decides to work in the business, and help run the day to day. Purchase the business with the real estate. The real estate has 4 total tenants that operate out of the building with $3,300 a month income on the real estate. The asking price on the real estate is below the real estate appraisal that has already been complete.
Contact Chase at 573-664-0002
DETAILED INFORMATION
Location
Champaign County, IL
Inventory
Included in asking price
Real Estate
Owned
Building SF
5,300
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This real estate is owned, available for sale and lease. Lease would be a total monthly rent of $1,200. Seller is not active in the business with 2 FT and 7 PT employees. Hours of operation are M-F 10-7, Saturday 8-7, Sunday 9-2. $50,000 in Inventory and $125,000 in FF&E included in asking price. Food Manager's License required (someone on staff has this)
Competition
There is no competition in the surrounding area, as they are the main meat and grocery store owner in the area.
Growth & Expansion
Reduce Employees, Owner work in the business, expand the meat side of the business.
Support & Training
2 weeks, 30 hours per week, Negotiable
Reason for Selling
Family Obligations, Other Businesses
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