Note:  All addresses of supermarkets will be released to prospective investors once our Non-Disclosure Agreement is signed, if you interested in investing in any location please follow the invest in location link you will be guided to fill out a short questionnaire, an investment representative will contact you within two business days to email you an NDA for you to e-sign.

230+K Cash Flow – Great Grocery Market with $70K Down with Bank Loan

  • March 18, 2021 9:28 am
  • Chicago
New
p3
$750,000

Overview

  • Revenue : $3,141,819
  • Cash Flow : $250,000

Description

Business Description

$70K Down with Bank Loan -$250K Monster Income & 50% Upside Potential

* COVID-19 KILLER BUSINESS.***
$$$$
Business sales increased by over 80% per month since March. The business has been generating 500,000 per month sales versus the $300,000 per month last year. $$$$$$**** HUGE MONEY MAKER DEAL ****
$
*** WITH ONLY $70,000 Down payment for qualified buyers ***
*
But You shall need to have at least $130,000 in your bank or liquid capital available immediately to get the loan approved. You, although, shall have to put down only $50,000****
$
Syed Brokerage presents another strong Business with 50% more upside potential.
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Grocery Store in a free-standing building on high traffic area, near the stoplight intersection.
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An Asphalt paved parking with ample striped parking for 50+ cars, lighting, and concrete walkways.
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Owners are burned out
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Business requires a family operator- with a convenience grocery store background.
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Last 3 years average yearly gross revenues $3,602,385*
Last 3 years – CASH FLOW – $250,000
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TRUE POTENTIAL $350,000 BY MERELY ADDING LIQUOR LICENSE.
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Liquor license available, –
BUT CURRENT OWNERS DO NOT USE AND DO NOT SELL ANY LIQUOR.
Adding the wines, liquor, and beer products, shall increase the business revenues by 40% –
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Business is located in a mixed demographic area with the low-middle class to the middle class
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The Broker has the bank pre-qualified the business-
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Do you have $130,000 Cash Available and only $100,000 of that saving as a down payment??
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Make a 200% return on your cash down payment.

Your bank loan payment shall be only $9,874 per month

Owner’s Financing

Total Loan payments $126,000 and
Your Net Cash Flow – Take Home $125,000 with an investment of $50,000 down payment.

PLUS PAY FAMILY MEMBERS SALARY TO WORK THERE
*
GREAT DEAL

All numbers are transferred from the actual business tax returns.
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SBA loan pre-qualified
LOW DOWN PAYMENT OF $265,000 OR EVEN $140,000 DOWN
***The low down payment is available for… If you qualify, terms and conditions are dictated by the lender. However, you must meet the following minimum requirements. Some fees apply.
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1- US Citizen or Green Card Holder (permanent resident) with
2- Related retail verifiable experience through W2, 1099, or tax returns
3- Have $130,000 to show in your bank account.
4- Minimum Credit score of 625 or more and
5- Have NO new slow pay or 30-60 DAYS past due in the last 24 months.
****************************************************************FILL IN THE NDA FIRST

FAX OR EMAIL BACK TO THE OFFICE.

PLEASE DO NOT CALL FIRST

UNTIL YOU SEND IN THE NDA AND YOUR INFORMATION

## Without signing the NDA and filling in Buyer’s Profile, No information is released…Thank you for your interest in the listing.
Disclaimer: Each loan and the borrower is unique and may have different terms and conditions of the SBA loan terms. It is the case scenario, which has been successful in other SBA loans and already closed such deals. We just closed a few deals, where the down payment was only 5% –All of our deals have a down payment of 5%-15% only-
We will facilitate the SBA loan for the buyer.
The interest rate may will be different based upon the borrower’s strength. It ranges between prime rate + 1% to prime rate + 2.75%

 

Detailed Information

Location: Chicago, IL

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 14,000

Lease Expiration: 6/1/2025

Employees: 14

Furniture, Fixtures, & Equipment (FF&E): Included in the asking price

Facilities: 14,000 SQUARE FEET neighborhood market and Big Grocery Store Has been in the community for the last 60+ years. A staple of the neighborhood. Across from the Police Station – Safe and Great Business. 14,000 SQ FT parking lot exclusively for the market

Growth & Expansion: Expansion: Adding beer/Wines shall boost the revenues by 50% Current owners do not want due to the faith and or beliefs

Financing: Seller to help creatively with the down payment

Support & Training: yes

Reason for Selling: seller burned out. but not hurry to sell

Investment Details:

Purchase shares in this supermarket for as low as $500.

Location

Chicago, IL (Cook County),Chicago