Business for Sale Overview:
This liquor, wine and spirits retail business enjoys the only "Class A Liquor License" in an area experiencing rapid growth of new home, multi-family and apartment construction in this S/E Illinois location. It is a relatively new business that has started very strong and established itself as the "go-to" location to find an excellent assortment of liquor, beer including a number higher margin producing of micro-breweries, and an outstanding selection of upscale wines which also adds to the gross margin line. There are virtually no other competitors within a 10-15 mile radius!
The 3,300 square feet store is located on a main State highway, which has recently been widened and re-surfaced, in a new strip center with a favorable lease agreement and options to extend. All the capital equipment is new (1.5 years) and the inventory management software is state-of-the-art.
This is an outstanding turnkey growth opportunity that will not be available for long. Rent is $4,100 per month.
Financials:
Asking Price: $199,000;
Gross Revenue: $540,000;
Gross Revenue Comments: per year;
Cash Flow: $55,000;
Cash Flow Comments: per year;
Inventory: $125,000 (Not Included in Asking Price);
Furniture, Fixtures, & Equipment: $150,000 (Included in Asking Price).
About the Business:
Year Established: 2001;
Employees: 1 full time - 2 part time;
Facilities: new;
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 to the left. 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.