Liquor Store 1 hr North of Chicago IL Monthly Payment less then $2500
- Listing Id: 3385
- Broker Name: Tauseef Syed
- Category: Liquor Stores
- Asking Price: $69,000.00
- EBITDA: $158,000.00
- Real Estate: $550,000.00
- Cash Flow: $60,000.00
- Inventory: $155,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $658,051.00
- FF&E: N/A
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Lake Geneva
- State: WI
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Only Business also available with $69'000 Business Key Money and $2500 Rent per month 5+5 years lease plus inventory all cash.3000 sq.ft. store also with property, asking price $550'000 including land,building,business & all trade fixtures. Sellers financing available if you could not get the financing from bank, seller will take 20% down payment plus inventory cash and will finance for 5 years or until you get bank financing. Seasonal store they do 70% sales in summer time rest they do 30% sales, of 658'000/year. Every year sales are increasing by 20%, 2015 will be the 4th year. Beautiful store with high margin because of no competition. Hard to find this type of business near Chicago land are. Please sign the Non-disclosure agreement in attachment to get more information.If you go for bank financing you need $130'000 with inventory plus 5% SBA & Bank Fees.For seller financing you need $100'000 plus $150'000 for inventory (NO FEES)Thanks
Financial Summary
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