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High Volume Indian Supermarket Affluent Chicago Western Suburb - Great Cash Flow!
Plainfield, Illinois

Asking Price

$199,000

Office Listing #

GIS P IL
Revenue $835,792 / year Lease Rent $4,300 / month
Cash Flow $91,359 / year Square Feet 2,819
Direct Link www.restaurants-for-sale.com/28148

    

A high volume established independent Indian supermarket specializing in a full line of Indian and Pakistani groceries. Offering a wide range of Basmati rice, south Indian rice, flours, premium spices, frozen foods, frozen vegetables, pickles, snacks, instant mixes, ready-to-eat, sweets, beverages and much more. Plus, many items for a delicious, healthy and balanced diet. Simple operation. Fully equipped with POS, cameras, alarm system, 18-door freezer system and much more. Turnkey. Absentee owned. Excellent opportunity - great point of entry into the supermarket business. Would make a great first business for new entrepreneurs or an excellent acquisition for a larger company with other stores. All the work has been done for you. Already has an excellent social media presence. Also, an intuitive marketing program tailored to customer retention and satisfaction that keeps track of customers through a loyalty program, while also following up with customers they haven't heard from recently. Boasts a very well-executed and thought out business model. They have the inventory and ordering down to a science - everything is done via an automated system within their POS system. This makes inventory, cost of goods and pricing easy to calculate and manage. Location: Prime retail space in a thriving 122,800 sqft lifestyle center with many regional and local stores in an affluent southwest suburb. A top shopping destination for retail, restaurants and grocery. Perfectly situated on a major route with over 44,000 cars a day. Ample parking. Surrounded by a vast residential and commercial area. Lease Information: Leased space $4,300/mth all in. Current lease expires in Jan 2020 with the one 5-year option. Training: Two weeks on-site comprehensive training. Value Of FF&E: Included in Asking Price. Inventory (NOT Included in Asking Price): Approximately $115,000. Seller Financing: No. Competition/Market: Very clean and modern store. Huge ion. High quality products. A one stop shop for all authentic Indian and Pakistani grocery needs. They work closely with the manufacturers and suppliers bringing a wide variety of high quality products to their customers. The best Indian supermarket in the western suburbs. No other competition in the surrounding area. They have the corner on quality and service. And their autopilot system will help you thrive and continue to grow year after year. An owner/operator would grow even quicker. Growth & Expansion: The go-to spot for Indian groceries. Local favorite. Highly rated and recommended - loyal following. A solid customer base to continue to build upon. Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only. Listed by Ted Aretos at EatZ & Associates

  

General Information

Organization Partnership
Year Established 2014
Current Owners 2014
Employees 1 Full & 3 Part-Time
Operating Hours Daily 10a-8p
Reason For Sale Other business interests.
   

Facilities

Seating 0
Square Feet 2,819
Parking Lot
Licenses None
   

Financials

Revenue $835,792 / year
Cash Flow $91,359 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease $4,300 / month  
Expiration 01/2020  
Yearly Adjustment Not Available  
Option One 5-year option.  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Ted Aretos
phone: 815-761-8334
Tom Traina
Eatz & Associates
phone: 888-971-3289
fax: 888-673-3045

www.eatz-associates.com

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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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