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BUSINESS FOR SALE - PROFILE #  40730414

Profitable Retail Opportunity - SBA prequalified
Chicago Metro - SW Suburbs

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $758,941   Adj. Cash Flow*:  
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Executive Summary
This business has been around for 31 years and has developed a loyal following in the metro area. It is located in a 7,500 sq ft facility which provides ample retail and warehousing capabilities. The store sells classroom supplies, educational toys and games, art supplies, music related items, books and other goods. Customers include teachers, school districts, parents, and park districts. The business is a registered vendor with a number of school districts including the city of Chicago. It is located on a main thoroughfare with substantial traffic and readily available parking. The business also has a catalog and online presence. The owners are looking to retire. Price does not include inventory which fluctuates and will be valued at closing. The business has been pre-qualified by an SBA lender.

Acquisition Highlights

  • Owner is often there but with the capable staff has no problem to get away for long vacations.
  • The business has been prequalified by an SBA lender.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1985 Inventory: $124,000
Furniture, Fixtures & Equipment:
Lease/Rent: $6,500 Real Estate:
Building Sq Ft: 7500
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Dan Eitel
Phone:  (630) 705-3055
Fax:  (630) 491-1592
Other:  (630) 286-9120
E-mail:  deitel@midwestvr.com
VR Business Brokers - Oak Brook, IL
2021 Midwest Road
Suite 200
Oak Brook, IL 60523
www.midwestvr.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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