VERY HIGH VOLUME LIQUOR STORE FOR SALE. BUSINESS ONLY. ESTABLISHED OVER 25 YEARS WITH PROVEN TRACT RECORD. OWNER
RETIRING. BEST BUY. RENT IS VERY REASONABLE. LONG TERM LEASE AVAILABLE.
Paola’s Vinum will be celebrating it’s three year anniversary in a few weeks. We have experienced significant growth over the years but have also been profitable since the first year we opened. The market research I did showed the need for an elegant wine bar in the neighborhood; with above average education and above median and high income as well as the average age of the residents the demographics proved to be a tail wind.
The surrounding area has developed exponentially since we opened our doors. As a result of some favorable tax treatment by the city many new businesses have invested within blocks of Paola’s Vinum. We have also seen a tremendous amount of new residential buildings built over the past three years. All of this has resulted in a rapidly growing clientele.
The market drove me to open for lunch two years ago and that has become a significant percentage of the bottom line profitability. We have worked hard at expanding our menu to provide a variety of offerings for the mostly business crowd. I have also recently added the services of Open Table which has resulted in a significant increase in reservations.
I am currently open Monday through Friday. I had planned to open on weekends last year but after getting engaged I needed the time to plan my wedding. Weekends have been reserved for Private Events which have been well received.
My current cash flow is approximately $99K and I would like to sell Paola’s Vinum with all of the existing furniture, beer and liquor inventory as well as with the licenses. I have 3 current licenses; Food, Tavern, and Retail. Paola’s Vinum was constructed based on my architectural plans and has been inspected to ensure it is up to Chicago standards. The Occupancy limit is around 120.
Each of the past three summers we have received city permits and operated a patio. All furniture and the fence would be included as well.
My tax professional and I have valued the business at $480,000.
Chicago Ridge, IL
This very well established bar, with video gaming, is a rare and exceptional opportunity for an experienced and/or hands on owner/operator. Plenty of space, great feel, full kitchen/limited menu. Owner must sell. Excellent, high-visibility location. Great parking. It's all ready to roll - experienced, well-trained staff, clean 3AM license, and a cooperative village plus the gaming environment make this a home run situation for the right owner.
This well-known club draws patrons from all over the greater Chicago area with popular and creative theme parties, live entertainment, and much more. Plenty of seating, full stage, sound booth, dance floor, long bar, numerous flat screen TVs, full kitchen, and entertainment machines are all in place. The venue has great aesthetics and is protected by a video security system.
Want more? How about a large, spacious outdoor patio also with its own bar! To top it off, this facility enjoys a low, low rent. This popular spot has it all! Don't miss out - this will not last long so contact us today.
GREAT TURN KEY RESTAURANT/BAR WITH AN EXISTING CLIENT BASE THAT HAS CONSISTENTLY INCREASED OVER TIME. EVERYTHING IS IN PLACE TO TAKE OVER AND TAKE WHAT HAS ALREADY BEEN ESTABLISHED AND MAKE IT GROW EVEN MORE. BEEN IN BUSINESS OVER 30 YEARS W LONG TIME OWNER. RARE OPPORTUNITY IN GREAT NW CHICAGO LOCATION WITH DEDICATED PARKING LOT.
BUSINESS PURCHASE ONLY WITH ALL FF&E, FAVORABLE LEASE & TRANSFERABLE LIQ LICENSE.
OPTION TO PURCHASE REAL ESTATE IS AVAILABLE.
FEATURES FULL DINNER SERVICE, BUSY COCKTAIL LOUNGE, AND LIVE ENTERTAINMENT
OWNER IS LICENSED REAL ESTATE AGENT
A great neighborhood place featuring casual American dining and plenty of sports entertainment!
Large open space with plenty of seating. Full bar with two drafts, large cooler, wide selection of bottle beers and mixed drinks. Plus a hidden fully-equipped compact kitchen with 6ft hood serving a simple, yet delicious menu of appetizers, wraps, sandwiches, burgers and salads. Plus Friday fish fry. Camera system. POS system leased for $199/mth.
Six plasma TV’s to watch sports. Two dart boards. Coin operated Tornado foosball game and digital jukebox for personalized music. Live jazz on Wednesdays. Weekly trivia, foosball, dart and poker “meet-ups”. Amazing expandable wood deck out back. Ample parking in rear. They also offer party packages, fundraisers, host dart leagues & tournaments and sponsor sports teams. Great place to add video poker machines!
Prime retail space on Lincoln Ave near Foster, lined with busy shops, restaurants and other popular retail establishments. Densely populated commercial and residential area with a steady stream of passing foot traffic. An ideal location within this sought after booming Chicago community.
Confidential listing, please do not discuss with employees.
Keep the current Irish concept or make it your own!!
This incredibly plush restaurant / lounge is fully equipped, with Tavern, PPA and Food Licenses can be run as a restaurant or just lounge with DJ and cover charge
Chicago South Suburb, IL
50% OFF Appraised Value 2 Business BAR + Liquor Store Huge Upside
HUGE UPSIDE POTENTIAL.
OWNER IS AN INVESTOR AND WILLING TO SELL AT GREAT LOW PRICE. 50% OFF THE ORIGINAL APPRAISAL.
Business had lost the license of the Bar Business sometime ago. The Current Owners Just got it back recently.
With New License to reopen the Bar Business, the location has 50% more potential to Grow, with opening of late hours bar.
Location is pre-approved for Video Poker Gambling Machines and this profit center is being added. That shall increase another NET income revenue of at least $5,000 per month and up-to $10,000 (depending on the traffic),
Huge Parking lot,
Bar has Beer Garden Patio with seating area of 80+ customers in nice weather. Bar has multiple TVs, recently being remodeled, new paint, new flooring, tiles . New signage being added to attract more customers.
You cannot go wrong with this investment.
This business (liquor store and bar) and property was appraised at $1,000,000 in 2009 by an SBA Lender.
Just re-opened after getting new licenses.
Already Doing $50,000 monthly in liquor store sales.
Plus bar grand opening shall add HUGE $$$$$$ TO THE BOTTOM LINE PROFIT FOR THE OWNER and the installation of Video Poker gambling Machines.
Bar was doing in $60,000 per month in sales before it was shut down for license violation. That is big prof center @ very high profit mark up of 75%-85%. All Financial Information, tax documents available and shall be shared with qualified and serious buyers.
FILL IN THE ATTACHED NDA FORMS TO OBTAIN MORE DETAILED INFORMATION.
Located in the Heart of Lincoln Pk on a busy street , Turn Key fully equipped in great condition, ready for new owner to take this business to next level
Heart of Wriglyville on Clark St. TURNK KEY Tavern / Restaurant with Rare clean License
Southwest Chicago Suburban, IL
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Chicago & Suburbs, IL
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