Illinois Effingham County Grocery Store For Sale

Description

Grocery store business and real estate for sale in Effingham County, Illinois.

The asking price is $1.5 million plus inventory.

Average monthly sales are reported at approximately $210,000.

Business and property details

• Approximately 5,000 sq. ft.
• Grocery, meat, deli and produce departments
• Recently remodeled facility
• Newer operating equipment
• Experienced employees expected to remain
• Absentee ownership structure

Inventory is valued by the seller at approximately $150,000 and is additional to the asking price.

The seller describes the surrounding market as having limited direct grocery competition and an established mix of residential and commercial customers.

Seller financing may be available with approximately 40% down, subject to buyer qualification and negotiated terms.

Potential additional revenue sources include liquor, beer, wine, tobacco, vapor products, lottery, ATM, video gaming, Bitcoin ATM services and other commission-based programs where permitted.

Buyers should verify historical financials, inventory value, equipment condition, employee arrangements, property condition, seller-financing terms and all applicable Illinois and local licensing requirements for alcohol, tobacco, vapor products, lottery, gaming and money-service activities during due diligence.

The owner is selling as part of a planned retirement.