Profitable Convenience Store with Liquor & Gaming

Bureau County, IL

Asking Price:	$190,000
Gross Revenue:	$318,000
FF&E:	$65,000

Cash Flow:	$100,000
Inventory:	$70,000
Real Estate:	$175,000

Listing ID: 2280086Listing provided by BizBuySell

BUSINESS DESCRIPTION

Profitable Convenience Store with Liquor & Gaming

This newly established 2200 sq ft convenience store has been operating for approximately six months and is located in a prime, high-traffic area. The store offers a wide selection of products, including hard liquor, wine, and beer, all stored in convenient walk-in coolers. In addition to alcohol, the store sells everyday essentials and features a freezer section for frozen goods.

At the back of the store, you'll find a gaming area, adding an additional revenue stream for the business. The store also has an ATM machine inside, providing added convenience for customers. With a full liquor license already in place, there's an opportunity to further enhance the gaming section by adding a mini bar, offering drinks to patrons while they play.

This turnkey operation offers great potential for growth and expansion in a community-friendly environment.

The owner generates approximately $2,600 in monthly profit from gaming. Real estate taxes are super low at less $300/year.

DETAILED INFORMATION

Location

Bureau County, IL

Inventory

Not Included in asking price

Real Estate

Owned

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This newly constructed store boasts a brand-new HVAC system, a modern bathroom, freshly painted floors, and 13 new coolers, including a large walk-in cooler. The owner has invested over $100,000 into building this beautiful space. Additionally, the property includes an attached two-car garage.

Competition

Business History: This convenience store opened its doors just six months ago, quickly becoming a neighborhood staple by offering a wide range of products and services. From hard liquor, wine, and beer in walk-in coolers to essential everyday items, the store has created a one-stop shop experience for customers. The addition of gaming machines in the back of the store has generated an extra stream of income, while the full liquor license offers significant potential for future growth. With the ability to serve alcohol, the business is well-positioned

Growth & Expansion

As a new store, there’s significant growth potential, with many in the town and surrounding areas still unaware of it. This offers a great opportunity for the new owner to leverage targeted marketing strategies, such as building a social media presence, to boost customer attraction and local visibility. There are several ways to enhance the business further, including: - Adding hot food options like pizza, fried chicken, or sandwiches - Offering coffee and donuts These additions could increase foot traffic, especially during lunch and dinner hours.

Support & Training

2 days

Reason for Selling

Close to retiring/Wants to travel

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