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114 E Evans St
Princeville, IL 61559
Village Foods · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
7,000 SF
Building Class
C
Year Built
1960
Building Height
1 Story
Building FAR
0.42
Lot Size
0.39 AC
Parking
18 Spaces (2.57 Spaces per 1,000 SF Leased)

About 114 E EVANS ST , PRINCEVILLE, IL 61559

Asking Price: $409'000 Cash Flow: $120,000 Gross Revenue: $1,200,000 EBITDA: $150,000 FF&E: $15,000 Inventory: $150,000* Business Description $400 DONUTS SALES EVERY MORNING JUST STARTED THIS WEEK. Well Managed Store with low pay roll and less employees (4), easy to operate one man can handle at a time, GROSS PROFIT IS $321,074 YEARLY EXPENSES ONLY $240,000 PROFIT $81,000/YEAR PLUS YOUR WEEKLY PAY CHECK. Established 19 Years Ago, This Neighborhood Store, Is Located in Safe Neighborhood, With Great Visibility, Surrounded By Many Residential s.. Consistently Profitable, It Grosses Over $1'200,000+ annually, with other $75,000, yearly income from rebates. MONTHLY MAJOR EXPENSES DETAILS PAY ROLL $9794 MORTGAGE $3000 UTILITIES $2600 MISC. 2000 YOU CAN VERIFY ALL THE SALES BY STAYING AT BUSINESS AFTER SELLER AGREED ON OFFER PRICE, to Understand A True Value Of This Profitable Opportunity. Growth & Expansion: You can ADD, Have Fully Functional Internet Store, With Fully Secured Shopping Cart, Where Customers Placing Their Orders, For Deli Products Or Groceries, To Be Delivered To Their Residence. Financing: 25% Down Payment($112'000) plus Inventory 50% ($40'000) Reason for Selling: Relocating

Property Taxes

Property Taxes

Parcel Number
02-13-485-003
Land Assessment
$6,970
Improvements Assessment
$43,200
Total Assessment
$50,170
  • Listing ID: 7023322

  • Date on Market: 5/2/2017

  • Last Updated:

  • Address: 114 E Evans St, Princeville, IL 61559

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