Liquor Store With Property. Rental Income & Gaming . . $675,000

Morgan County, IL
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Asking Price:$225,000
Gross Revenue:$660,000
FF&E:$45,000
Established Year:2019
Cash Flow:$108,000
Inventory:$300,000
Real Estate:$450,000
BUSINESS DESCRIPTION

Upscale Liquor Store & Gaming. First Rate Operation. Real Estate Offered at Market Value. Free Standing, Attractive Building with 2 Bedroom Apartment (Living Quarters or Rental Income Opportunity). Lucrative Gaming Business in a Desirable Area. Current Owner - 5 Years. Alcohol Sales $660,000 with Margins of 22%.
Owner Operates the Store with (1) Employee. Excellent Husband/Wife Team Business.

Located on a Busy Highway. Excellent Presence in the Community. Good Signage & Ample Parking. This Business has a very Positive Social Media Presence. Located only 90 miles from St. Louis, MO and 30 miles from Springfield IL.

Email, to request additional information for Listing #877.
Note: Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.


DETAILED INFORMATION
Location
Morgan County, IL
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,500
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Attractive Free Standing Building. Offered at only $100 per square foot+/-. The facility has a 2 bedroom apartment above the business. Good Rental Income or Living Quarters for Buyer.
Growth & Expansion
Excellent Location to Add Tobacco & Vape Products. Food and Convenience Items would increase traffic in the Store. Offering Delivery in the Community would increase alcohol sales.
Financing
SBA Lender Available.
Support & Training
Seller will provide thorough training to insure a smooth transition for Buyer and Clientele.
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Jill Taylor
Tidewater Associates
Jill Taylor