Business For Sale

Craft Beer & Wine Store in Chicago

Chicago, IL
Cook County

Near West Loop

Asking Price: Annual Revenue:
$335,000 $1,055,334

Food & Beverage: Liquor Stores

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RE: Craft Beer & Wine Store in Chicago Broker: Jim Peddle
License #: Registered in IL
Owner Financing is Available!
$41,500 seller note.

Quick Facts

Asking Price: $335,000
Annual Revenue: $1,055,334
Net Profit: Not Disclosed
Cash Flow: $152,105
Total Debt: Not Disclosed
FF&E: $7,500
Real Estate: Not Disclosed
Year Established: 2006
Employees: 7
BBN Listing #: 209750522
Broker Reference #: PB16148

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Business Overview:

Profitable Wine & Craft Beer Retail Store located in the booming Near West area of Chicago. Consistently high Online Social Media Reviews including 4.5 Stars on Yelp and 4.9 on Google.

This successful Wine & Craft Beer shop and liquor store has been owner managed since its opening. The owners are selling the store in order to move in the near future to another State. The Store offers a wide variety of wines, craft beers and spirits for its customers at excellent prices. This business consistently generates over $1 million of annual revenue, and over $130,000 of cash flow. The Sellers currently pay approximately $3,632 per month in rent.

The Company offers an integrated approach to the overall wine experience through event promotions, classes, and tastings. The Company also employs a full and knowledgeable staff that is eager to help customers pick out the perfect wine or spirit for any gift or event. The wine tastings are hosted weekly and the Company has a rewards program for its most loyal customers.

Interested buyers will be required to execute an NDA and send a LinkedIn profile or resume as part of the buyer screening process. Please contact the Broker for more information.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company is leased out of a single unit storefront by a third party landlord.

Market Competition and Expansion:

The Company has many competitors in the form of other boutique wine shops and liquor stores in its territory. However, none of them have the consistently high reviews that the the Company boasts. A new owner could easily grow the business by developing a marketing plan and investing in a larger social media presence. They could also advertise the wine tastings in print as well as online and set up a Company email blast to its regular customers.

Reason for Selling:

Seller moving.

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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