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Illinois Effingham County Grocery Store

Effingham County, IL, USA
Listed 149 days ago

$1,500,000 Plus Inventory for the Illinois Effingham County Grocery Store and Property.  The seller will offer financing with a 40% down payment and include the inventory.  $210,000 in average monthly merchandise sales with higher margins.  Newly Remodeled Property and business.  All new equipment.  5,000 SF with ample room for adding other revenue-generating centers.  Lots of EBT.  No Beer, Wine, and Liquor Licenses.  Turn-key operation.  It is located in a densely residential and commercial area with numerous rooftops and limited competition.  Experienced employees will remain with the business after the acquisition.  It has considerable potential and can be a profitable venture. Key Features: Growth Opportunities: Substantial income from the Lottery, ATM, Bitcoin, Cigarettes, and other rebates and commissions would be a plus for the buyer.  A great opportunity for the right family or owner-operator.  Motivated seller who is looking for the right owner-operator to retire.  Please “do not disturb the employees” and call  The Saleh Group for more information and showings, or visit us online.

Real Estate

Real Property Included

Premises Details

8000 sq. ft. stand-alone building

Support & Training

1 week at no cost to the buyer

Size In Square Feet

8,000

Inventory / Stock Value

$150,000

Reason for Selling

Seller Downsizing for other projects

Financials

Asking Price
$1.5M
RevenueMost Recent Year
$2.5M
Earnings (SDE)Last Reported
$400K
Assets Value
Undisclosed
Seller Financing
Not available

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