Business for Sale Overview:
Established 20 years Old Liquor Store Near Glendale Heights $500,000. Lotto Commission only $60,000 per year.
Location: Illinois, DuPage County, Glendale Heights.
Industry: Food and Beverage, Liquor Stores.
Business Summary:
This Liquor Store Has Been Around For 20 Years. Located Western Suburbs of Chicago, Nice Neighborhood to Raise your family and do the business. Store is located around almost 2,000 apartments and has walking access to customers to get to the store. Sale are very solid only from lottery commission you can pay the rent which is $6,000 per month for 4,000 square feet store this is gross rent everything is included. From phone card, check cashing and other income you can cover other expenses. Apartment residents use lots of phone card and cash checking from this store, around $100,000 per month. Now the liquor sale is $90,000 per month. Store sells lots of pints, beer and liquor. From this $90,000 sale all 23% will be your cash flow after taxes. Location is in busy strip mall.
Financials
Asking Price: $600,000.
Gross Revenue: $1050,000.
Cash Flow: $180,000.
Cash Flow Comments: take home.
Inventory: $175,000 (Not Included in Asking Price).
Furniture, Fixtures, & Equipment: $200,000 (Included in Asking Price).
Seller Financing: No.
About the Business:
Year Established: 1988.
Employees: 1 full time - 2 part time.
Facilities: Well Maintained.
Market Outlook and Competition: Average.
About the Sale:
Management Training and Support: Yes.
Reason For Selling: Relocating.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.