Business For Sale

Wine & Craft Beer Shop

Chicago, IL
Cook County

Near Suburb of Chicago

Asking Price: Annual Revenue:
$70,000 $157,500

Food & Beverage: Grocery & Food Stores

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RE: Wine & Craft Beer Shop Broker: Dennis Hansmann
Owner Financing is Available!
Seller may be willing to finance up to 50% of purchase price with a qualfied and experienced new owner.

Quick Facts

Asking Price: $70,000
Annual Revenue: $157,500
Net Profit: Not Disclosed
Cash Flow: $26,600
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 1
BBN Listing #: 240637950
Broker Reference #: F181

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Business Overview:

The is a great business for an owner-operator who is a big wine and/or beer aficionado such as the current owner or for someone who wants a side business that is creating a great additional income or for someone who is semi-retired and wants to enjoy a great custom retail environment. The business opened in 2010 and has become a staple in this downtown business district of this suburban Chicago community. The store features an extensive selection of wine and beer from small producers around the world. The product selection is featured on high-quality custom-built wood display cases made to occupy this specific space. The store maintains a comfortable and relaxing atmosphere where beginners and experts alike can discover as well as taste the perfect wine or craft beer to take home and enjoy.

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Property Features and Assets:

Unique space with custom build-out, very specialized interior extras, custom shelving, custom tasting/service counter, many other furnishing extras in this space. Second five-year option on current lease starts in late 2018.

Market Competition and Expansion:

A unique space with its own specific picks for wine and beer that the owner knows doesn't compete with any larger chain grocery stores or liquor stores. This location is in a prime spot with major foot and vehicle traffic on a daily basis during run periods and before/after rush periods. Wine and beer seem to be sold everywhere these days, but the small guys cannot produce on a quantity level high enough to compete with the larger producers and so this type of retail shelf space is a perfect home for them. A lot of opportunities exist to tailor this retail shop in a way that suits the new owner. The current owner did this and a new owner can shift in any direction that makes them happy. This business is fun for those who enjoy the product selections in their daily life and who enjoy helping other people learn/select a great wine or beer when they come in as a customer.

Reason for Selling:

To pursue other interests and semi-retire.

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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