3134 11th Street

    Rockford, IL 61109
    • $125,000
    • STATUS: Active
    • ON SITE: 297 days
    • MLS #: 09860239
    UPDATED: 49 min ago
    $125,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    MOTIVATED SELLER . NEW PRICE TO SELL!!! INVENTORY SOLD SEPARATELY!!!!! HIGH VOLUME CONVENIENCE AND VARIETY STORE. VERY TRENDY FASHION STORE WITH HIGH PROFIT MARGIN. IT IS A STORE WITHIN A STORE WITH C ITEMS/CLOTHINGS/SHOES AND CELL PHONE STORE. HIGH DEMAND FOR LOTTERY AND LOTTO MACHINES. GREAT POTENTIAL TO INCREASE SALES BY ADDING 1) BILL PAY MACHINE 2) WESTERN UNION AND MONEY GRAM 3) LOTTERY AND LOTTO MACHINES. 4) CASH GOVT. CHECKS ONLY 5) CELL PHONE REPAIR SHOP. MONTHLY ESTIMATED SALES $60,000 DOLLARS. MARGIN 30% MONTHLY / RENT : $1500 DOLLARS / PAYROLL : $10,000 DOLLARS INCLUDES OWNERS DRAW/MONTH OTHER EXPENSES : $2000 DOLLARS/MONTH ADDITIONAL INCOME : 1) ATM INCOME : $ 150 DOLLARS/MONTH 2) CELL PHONE COMMISSION: $850 DOLLARS/MONTH 3) CELL PHONE ACTIVATION: $1000 DOLLARS/MONTH GREAT POSITIVE CASH FLOW EVERY MONTH!!!!!!!!!!!!!!!

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-13T13:51:37.56.

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    www.bazrealtynetwork.com/homes/80868120

    3134 11th Street Rockford, IL 61109

    • Price: $125,000
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 09860239
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Rockford
    County:
    Winnebago
    Area:
    Rockford
    Property Description
    MOTIVATED SELLER . NEW PRICE TO SELL!!! INVENTORY SOLD SEPARATELY!!!!! HIGH VOLUME CONVENIENCE AND VARIETY STORE. VERY TRENDY FASHION STORE WITH HIGH PROFIT MARGIN. IT IS A STORE WITHIN A STORE WITH C ITEMS/CLOTHINGS/SHOES AND CELL PHONE STORE. HIGH DEMAND FOR LOTTERY AND LOTTO MACHINES. GREAT POTENTIAL TO INCREASE SALES BY ADDING 1) BILL PAY MACHINE 2) WESTERN UNION AND MONEY GRAM 3) LOTTERY AND LOTTO MACHINES. 4) CASH GOVT. CHECKS ONLY 5) CELL PHONE REPAIR SHOP. MONTHLY ESTIMATED SALES $60,000 DOLLARS. MARGIN 30% MONTHLY / RENT : $1500 DOLLARS / PAYROLL : $10,000 DOLLARS INCLUDES OWNERS DRAW/MONTH OTHER EXPENSES : $2000 DOLLARS/MONTH ADDITIONAL INCOME : 1) ATM INCOME : $ 150 DOLLARS/MONTH 2) CELL PHONE COMMISSION: $850 DOLLARS/MONTH 3) CELL PHONE ACTIVATION: $1000 DOLLARS/MONTH GREAT POSITIVE CASH FLOW EVERY MONTH!!!!!!!!!!!!!!!
    Exterior Features

    Approx Land Sq Footage 3000 Frontage Access City Street Lot Dimensions 0 Lot Sq Ft 0 Number Of Parking Spaces 28

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 24000 Business Age 11+ Years Business Name Hip Hop Fashions Business Type Grocery/Mini-MartRetail/Misc. Corporate Limits Rockford Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0000 Cost Of Goods Year 2017 Current Use Commercial Gross Payroll 120000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 0000 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2017 Gross Sales Annual 0000 Heat Ventilation Central Bldg Heat Inventory 0000 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Net Operating Income Year 2017 Net Profit 0000 Net Profit Source Owner Projection Number Of Emp Full Time 2 Number Of Emp Part Time 1 Possession Closing Potential Use Commercial Property Offered For Sale Only Real Estate Included YN No Tax Year 2017 Taxes Exempt Tenant Pays Air ConditioningElectricHeatInsuranceRepairs And MaintenanceScavengerWater/SewerOther Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 0000 Type Of Lease Gross Lease Type Ownership Business Corporation Zoning Type Rtail

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Crosby Starck Real Estate.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-13T13:51:37.56.

    Digital Millennium Copyright Act
     
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