Liquor / Convenience Store - Liquor, Beer, Wine

Roscoe, IL (Winnebago County)

Liquor / Convenience Store - Liquor, Beer, Wine

Asking Price:$150,000

Cash Flow:N/A

Gross Revenue:$651,191

EBITDA:N/A

FF&E:$125,000

Inventory:$135,000*

Real Estate:N/A

Established:1970

*not included in asking price.

Liquor / Convenience Store - Liquor, Beer, Wine

Get Financing Save Print Share Valuation Report

Business Description

Established in 1970 as a full service grocery store, the location remained this structure for 40 years. After a major remodel to the facility in 2010, the business emerged as a Liquor & Spirits Store with Food. The business primarily provides; beer, wine, liquor, convenience items as well as soda, chips, candy and such. The beer selection both domestic and imported with a large selection. The business also does a strong cigarettes, tobacco, cigars and lottery business. Ideally located with door step service, this is the only Liquor Store in Town. Perfectly suited for an owner operator.

Gross Sales: $500,000+
Gross Rent: $3,500 per month
Lotto, ATM, Tobacco Commissions $20,000

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building Sq. Ft.:
5,400
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Zoned Commercial Retail. Single story frame building with metal siding and brick trim centrally located in the downtown square. The business occupies 60 X 90 square feet of space. Monthly rent of $3,500.
Competition:
This is the only Liquor Store in town. There are regional liquor stores as well as gas c-stores within the community.
Growth & Expansion:
This is the only Liquor Store in town and provides and excellent opportunity for an owner / operator to add a full service food and grocery along with meat and deli. Gaming has been approved for this site. A new owner can add Video Poker and add additional revenue.
Support & Training:
Owners will assist in a training and transition period after closing.
Reason for Selling:
Ownership to downsize from multiple locations.

Listing Statistics for Premium Members

Ad#:1307984 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

William P. Satterlee

Business Listed By:
William P. Satterlee

Satterlee & Associates Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Bonchon

Franchise Opportunity
Capital Required: $300,000