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

Chicago Western Suburb, Illinois
High Volume Indian Supermarket Affluent Chicago Western Suburb - Great Cash Flow!
Asking Price:$120,000
Gross Income: $700,000
Cash Flow: $62,299
Monthly Rent: $4,300
Value Of FF&E: Included In Asking Price
Real Estate: N/A
Year Established: 2014
Status: For Sale

Contact Details

Contact Name: Ted Aretos

Contact Email: sales@eatz-associates.com

Contact Phone: 815-761-8334

Contact Fax: 847-620-2934

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Business Description

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.

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.

 

Detailed Information

County: Will

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.

Facilities: Leased space $4,300/mth all in. Current lease expires in Jan 2020 with the one 5-year option. Square Feet: 2,819. Days/Hrs of Operation: Daily 10a-8p.

Competition: Very clean and modern store. Huge selection. 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 and 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.

Support/Training: Two weeks on-site comprehensive training.

Number of Employees: 1 Full & 2 Part-Time

Inventory: $115,000

Seller Financing: No

Reasons For Selling: Other business interests.

Value Of FF&E: Included In Asking Price

 

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