Liquor Store for sale in Chicago, Northern Suburbs..................................$575,000 plus inventory
North Suburbs - Includes: Business Entity, All Equipment and All Fixtures.
This liquor store is one of the highest grossing liquor stores in Lake County, with annual sales over $2.3 million. In addition to selling liquor, they also sell lotto tickets, cigarettes, cigars, beer, wine, candy, soda and other miscellaneous non-alcoholic beverages.
This spacious 4,000 square foot liquor store has one of the most desirable locations in the area, strategically positioned near a major intersection with high traffic counts. Large, well-placed and attractive signage on both streets do a great job of grabbing the attention of locals as well as visitors to the area’s many lakes, parks and forest preserves. The store is easily accessible from all directions of traffic and has more than enough parking.
The store was built and opened by the current owner over 19 years ago and has been a mainstay in the community. There are currently 12 cameras installed throughout the store and office that record activity and can be viewed remotely via the internet.
In the rear of the store there is an office, a bathroom and a large storage area with walk-in coolers. With approximately 4,000 square feet, there is enough floor space in the store and the storage areas to take advantage of the saving’s offered through purchasing various items in bulk, which the smaller competitors and stores just can't compete with.
Due to other ventures the current owner is semi-active in the business. A full-time operator who takes a more hands-on approach is sure to realize greater potential through tighter inventory control and more efficient management of operations.
Asking Price: $575,000.00 (not including Inventory)
Cash Flow: Approximately $279,866.00 (2007)
Gross Annual Sales (approximately): $2,364,590.93 (2007)
Value of furniture, fixtures & equipment (approximately): $26,000.00
Value of inventory (approximately): $225,000.00 (Not Included in Asking Price)
Building, Lease details (approximately): Base Rent; R.E. Taxes; C.A.M.: Approx $3,200.00/month
Store Size: Approximately 4,000 Square Feet.
Seller Financing: Owner will consider some financing with a qualified Buyer.
Contact: Dennis, email@example.com or 312-360-1955