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Asking Price:	$689,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Liquor Stores
Reason for Selling:	To focus on his strip mall development projects.
Year Established:	1989
# of Employees:	7
Yearly Cash Flow:	$279,000
Yearly Gross Income:	$2,364,000

Business for Sale Overview:

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 feet 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 savings 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.

Property Features and Assets:

Lease Term is 5 Years plus one 5 Year Option, Base Rent; Real Estate. Taxes, C.A.M is +/- $3,200 per Month. The Store is +/- 4,000 Square Feet. Plenty of Parking.

Market Competition and Expansion:

This business has been around for 19 years and has huge gross sales.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.