Business Overview:
Founded in 1963, this large retail liquor store (5,000 sf) and neighborhood tavern (800 sf) are situated in a high-traffic shopping center in a stable, middle-income community on Chicago’s SW side. Shopping center occupants include a large full-service grocery store, several restaurants, and other retailers (no liquor)…and ample, ample parking (100+ cars)! This is a superb opportunity for a seasoned retail liquor store operator who is seeking a larger opportunity. There is also an immediate expansion opportunity for an operator who would like to expand the tavern operation into a sports bar or nightclub. FY2010 Annual Revenues Liquor/Beer/Wine = $1.2M (excluding sales taxes) Lottery = $80K (Commission/Net Revenue)Tobacco/Pop/Misc. Food = $40KTavern = $250K Gross RevenueSeller’s asking price is $600K + Inventory at $225K. Asking price includes Furniture/Fixtures/Equipment (FF&E) valued at $100K. PRINCIPALS ONLY.For more information, contact Dave Hayes at 847-605-1510 Ext. 241 or Email davehayes@sunbeltnetwork.com
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:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.