Boutique Liquor Store in Chicago’s Affluent North Shore Priced to Sell
Business Description
Prime corner location and only liquor shop in Winnetka, one of the wealthiest places in the United States.
Primarily a wine shop with a curated portfolio of labels not typically found at big box stores. Spirits, craft beer - packaged + on tap, charcuterie foods, boards, + utensils, and accessories are also offered. High margins.
The loyalty program drives +80% of revenue.
The shop is full-service with on and off-premises licenses. Seasonal outdoor sidewalk seating and the option to close the street and set up tables for additional outdoor seating are available during the warm months. Packaged charcuterie foods are sold to go and prepared for on-premises consumption.
Private events have included birthday and engagement parties, non-profit fund raising + recruitment tastings, and parent meet-and-greets from the various local schools.
Monthly wine club, wine of the month, and gift cards are popular and bring people into the shop.
There are significant opportunities for someone that has the availability for this beautiful and unique shop.
North Shore and Winnetka demographics and financial data are available in the attached documents. Inventory will be tallied closer to sale date. Popular store dog is not part of the sale.
Primarily a wine shop with a curated portfolio of labels not typically found at big box stores. Spirits, craft beer - packaged + on tap, charcuterie foods, boards, + utensils, and accessories are also offered. High margins.
The loyalty program drives +80% of revenue.
The shop is full-service with on and off-premises licenses. Seasonal outdoor sidewalk seating and the option to close the street and set up tables for additional outdoor seating are available during the warm months. Packaged charcuterie foods are sold to go and prepared for on-premises consumption.
Private events have included birthday and engagement parties, non-profit fund raising + recruitment tastings, and parent meet-and-greets from the various local schools.
Monthly wine club, wine of the month, and gift cards are popular and bring people into the shop.
There are significant opportunities for someone that has the availability for this beautiful and unique shop.
North Shore and Winnetka demographics and financial data are available in the attached documents. Inventory will be tallied closer to sale date. Popular store dog is not part of the sale.
About the Business
- Years in Operation
- 16
- Employees
- Seasonal employees for summer and holidays
- Facilities & Assets
- Lease: $5,000 p/month gross with 3% annual escalation clause.12 wood wine racks, 2 metal wine racks, 2 wooden bookcases, 2 display racks, 2 end tables, 1 bottle chiller, 5 refrigerators, 2-tap kegerator, indoor high top oblong table w/8 stools, 10 outdoor tables w/18 chairs, wine, champagne, + beer glasses, Lifetime tables: 2-2'x6', 6-4' round, 2-8' oblong, 1-33" round bistro high top, 20 folding chairs w/rack, outdoor sign, iPad, 2 coolers, + much more
- Market Outlook / Competition
- Prime corner location in the West Elm business district, Winnetka’s most prestigious district. West Elm is a highly desirable commercial location and has zero vacancies. Across from a beautiful garden and the village's free parking lot. All street parking is free.
West Elm is comprised of fine dining + casual restaurants, high end women’s + men’s clothing stores, and one of the top independent bookstores in the country (90 years old). - Opportunities for Growth
- There are significant growth opportunities with adding:
Regular (a) Saturday tastings, (b) social media posts, (c) weekly newsletter, website, website connected to Vivino for in + out of state shipping, local delivery (e.g., DoorDash), charcuterie boards to go, gift baskets / boxes, advertising, and promoting in-store private events
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $5,000.00 per month
- Lease Expiration
- 2/2/2031
About the Sale
- Seller Motivation
- Retiring due to health issues.
- Transition Support
- 1 month training + support, distributor introductions, and other reasonable needs for a quick and smooth transition
Listing Info
- ID
- 2416103
- Listing Views
Attached DocumentsAttachment Disclaimer
Demographic & Income Profile.pdf
Business Location
Listing ID: 2416103 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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