9914 N Main St
Richmond, IL 60071
Retail Property For Sale

Excellent opportunity to purchase a successful turn key, full service grocery store with building included available in Richmond, IL! Business has been in operation for 45 years with loyal staff and customers. Under new ownership with remodel in 2019. Business is known for its fresh produce, butcher, deli, and prepared foods. Full kitchen with catering and hot food/sandwiches. Fully trained staff in every departement and all staff is cross trained in multiple departments. Richmond, IL is a thriving boarder town to Wisconsin, and showcases local shops and destination restaurants. Store is 30 minutes from Lake Geneva, with great exposure on Route 31, the main road and most direct route into Wisconsin. This locations is the nearest grocery store for Richmond residents as well as all the adjacent towns to the north, east, and west. Yearly sales are 2.3 million. Owners have minimal operational responsibilities which has generated a net operating income of over 100k/year for 4 straight years. Buyer may increase this by acting as an owner/operator. Annual employee wages are in excess of 250k, leaving opportunities for higher income. Very low annual property taxes at just over 12k/year. Purchase price includes inventory, equipment, and building. Full financials and details on inventory and equipment available upon request.