Modernized South Suburbs Liquor Store
Business Description
Modernized South Suburbs Liquor Store - Turnkey Cash Flow Opportunity
This established liquor store presents an exceptional opportunity for an owner-operator in Cook County's growing south suburbs. Built in 2022, this modern facility operates from an impressive 8,995 square foot building with 6,500 square feet of retail space designed for optimal product display and customer experience.
Business Features:
• Dual liquor licenses for both packaged goods and on-premise consumption
• Full-service bar with video gaming generating increasing weekly revenue
• 150 square foot climate-controlled cigar humidor
• Modern POS and security camera systems
• Updated fixtures and professional displays throughout
• Excellent exterior signage and presentation
Financial Overview:
• Asking Price: $1,885,000
• Real Estate Included: $1,350,000 (owned by seller)
• FF&E Value: $225,000
• Inventory Value: $500,000
• Currently operated as absentee-owned business
Market Position:
The business benefits from limited competition of comparable scale, with most area competitors featuring dated presentations and limited product lines. The village actively promotes development with new residential condos, townhomes, and assisted living facilities currently under construction, supporting future customer growth.
Growth Potential:
Significant opportunities exist for an engaged owner-operator to expand the gaming and bar operations. The business remains in its growth phase, requiring attention to build customer relationships and maximize the full-service bar potential during gaming hours.
Support:
Seller provides comprehensive training during transition period and up to 60 days post-closing support.
This turnkey operation combines modern infrastructure with multiple revenue streams in a developing market area, ideal for an entrepreneurial owner seeking to build upon an established foundation.
This established liquor store presents an exceptional opportunity for an owner-operator in Cook County's growing south suburbs. Built in 2022, this modern facility operates from an impressive 8,995 square foot building with 6,500 square feet of retail space designed for optimal product display and customer experience.
Business Features:
• Dual liquor licenses for both packaged goods and on-premise consumption
• Full-service bar with video gaming generating increasing weekly revenue
• 150 square foot climate-controlled cigar humidor
• Modern POS and security camera systems
• Updated fixtures and professional displays throughout
• Excellent exterior signage and presentation
Financial Overview:
• Asking Price: $1,885,000
• Real Estate Included: $1,350,000 (owned by seller)
• FF&E Value: $225,000
• Inventory Value: $500,000
• Currently operated as absentee-owned business
Market Position:
The business benefits from limited competition of comparable scale, with most area competitors featuring dated presentations and limited product lines. The village actively promotes development with new residential condos, townhomes, and assisted living facilities currently under construction, supporting future customer growth.
Growth Potential:
Significant opportunities exist for an engaged owner-operator to expand the gaming and bar operations. The business remains in its growth phase, requiring attention to build customer relationships and maximize the full-service bar potential during gaming hours.
Support:
Seller provides comprehensive training during transition period and up to 60 days post-closing support.
This turnkey operation combines modern infrastructure with multiple revenue streams in a developing market area, ideal for an entrepreneurial owner seeking to build upon an established foundation.
About the Business
- Years in Operation
- 4
- Employees
- 7 (2 Full-time, 4 Part-time, 1 Contractor)
- Facilities & Assets
- New Store development in 2022. Added a 2,400 sq.ft storage with 20 foot ceilings. Everything is new in the store, Newer Coolers, Walkin Coolers with Beer Cave, Check Out Counters, Pos System, Camera System, Radio system, wifi access points throughout the building, new HVAC units and Cigar Humidor. Has a Full bar and Video Gaming available on site. Two Handicap accessible bathrooms, Managers Office, and breakroom for staff. Included with the real estate price is another vacant lot adjacent for future parking lot expansion, events, and or shows.
- Market Outlook / Competition
- Limited competion of this scale. Most of the competition around the store have a very dated presentation along with limited product lines. The Village is very aggressive in attracting more developments. Currently have new residential condos, townhomes and assisted living developments in the works. Duel Liquor Licenses for Packaged Goods and On Premises Alcohol. Also have a 150 sq.ft Cigar Humidor.
- Opportunities for Growth
- Many opportunties for an Owner Operator to take advantage of this business. Video Gaming business is increasing weekly, just needs someone who knows how to connect with customers and take advantage of the full service bar while people are gaming. Business is still in the infancy phase and needs attention to continue growing and building relationships with customers.
Out of the 8,990 sq.ft of building space, the current business occupies about 6,500 sq.ft of retail space , the rest is storage. Possibilities to rent out the 2,400 sq.ft Storage.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 8,995
About the Sale
- Seller Motivation
- Looking at other business opportunities.
- Transition Support
- Willing to support and train during the transtional period until closing and can assist up to 30 - 60 days after closing.
Listing Info
- ID
- 2455875
- Listing Views
- 32
Listing ID: 2455875 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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