Liquor Store & Property for Sale - North Chicago

An Established Turnkey Opportunity with Real Estate Investment Potenti

Business Overview
• Business Name: Upon Request,
• Location: Upon Request,
• Ownership: Self-owned, 27 years in operation (since 1997)
• Reason for Sale: Owner relocating out of state

Financial Highlights
• Asking Price: $810,000 (includes both business and property)
• Property Appraised Value: $380,000
• Business Appraised Value: $430,000
• Estimated Annual Revenue: $1,214,532
• Additional Revenue: ATM Commission of $4,952

Sales Composition
Diverse revenue streams, ensuring steady cash flow:
• Liquor & Beer: 36%
• Soda & Snacks: 17%
• Grocery Items: 6%
• Tobacco Products: 10%
• Vape & Related Items: 10%
• Other Non-Food Items: 21%

Property Details
A valuable investment in both retail and rental potential:
• Parking: Ample land available behind the property
• Basement: 1,600 sq ft dedicated storage space
• Retail Floor (1st Floor): 1,600 sq ft fully operational liquor store
• 2nd Floor Apartment: Studio apartment suitable for rental, with an estimated monthly rental value of $1,200 (currently not leased)

Licensing & Permits
• Liquor License: Fully transferable and included in sale
• Gaming License: Licensed, though no machines are currently in-store (new owner has the option to add gaming facilities)
• Lottery: None, New owner can apply!

Other Info:
• Annual Property Tax Estimated: $6,400
• Inventory at Retail Value: Estimated at $415,260 (22% of inventory, valued at $323,903, to be transferred to the new owner upon sale) Invenotry count will be required before closing.

Key Opportunity
Business presents a rare chance to acquire a thriving liquor business paired with real estate, located in a prime commercial area with proven sales and a loyal customer base. This turnkey investment offers a robust revenue mix, with further potential to expand with gaming services or additional retail offerings.

Don’t miss out on owning this well-established business in a high-demand location.