SG 11614 Illinois Effingham County Grocery Store - Business for Sale
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Grocery Store with Deli in Altamont, IL
Altamont, IL, US
Added 2 days ago
Food & Beverage, Retail Stores
RemoteAbsentee / Semi-AbsenteeRetiring Owner
Grocery store with meat, deli, and fresh produce offerings located in Altamont, Illinois, operating from a newly remodeled 5,000 sq ft facility.
Key Information
Asking
$1.5M
Revenue
$2.5M
Earnings
$400K
Multiple
3.8x
Key Highlights
- Average monthly merchandise sales: $210,000
- Current inventory valued at approximately $150,000
- 5,000 sq ft facility, newly remodeled with all new equipment
- Seller financing available with 40% down payment
- Absentee owner operation; experienced employees to remain
- Located in a densely residential and commercial area with limited competition
- No beer, wine, or liquor licenses currently held
- Significant income from Lottery, ATM, Bitcoin, cigarettes, and other rebates and commissions
Contact Info
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