Liquor store with gaming machines

Alton, IL (Madison County)

Liquor store with gaming machines
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Asking Price: $69,000

Cash Flow: N/A

Gross Revenue: $540,000



Inventory: $45,000*

Rent: $2,150 /Month

Established: 1970

*not included in asking price.

Liquor store with gaming machines

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Business Description

Liquor store with gaming machines

This is a long-standing liquor store that has been a part of the community for the past 55
years. Current owner in place for last 5 of those 55 years. Great store an established customer base and good revenue. Still has great potential for growth for an aggressive/young buyer. The inside of the store has been remodeled, this includes custom built counter-top, new shelves, and replacement of old lighting and other fixtures. Inquire for more details. Phone call preferred.

Business $69K plus inventory (calculated at time of takeover)
Rent $2150/month, includes 2 bedroom apartment upstairs
Gross sales ~$540k/year, lottery not included
Lottery sales ~$175K/year
State gaming/slot machines net commission approx $25k in 2018

Store is approx 1700 sqft, upstairs apartment is another 700 sqft. Owner currently resides in upstairs apartment.

Detailed Information

Alton, IL
Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
9 door reach-in cooler, 1 walk-in cooler, and other separate 2 door reach-in cooler, POS system, ATM machine
minimal competition
Support & Training:
1 week, up to 2 week if necessary
Reason for Selling:
Looking to retire
Business Website:
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Business Location

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Business Listed By:
Mike Patel

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