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Profitable Liquor Store Chicago Loop Area

Chicago, IL (Cook County)

Seller Financing Available
Chicago Craft Beer & Wine Retailer
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Asking Price: Get Financing: $335,000

Cash Flow: $152,105

Gross Revenue: $1,055,334

EBITDA: N/A

FF&E: $7,500

Inventory: $85,000*

Lease Rate: N/A /SF

Established: 2006

*not included in asking price.

Profitable Liquor Store Chicago Loop Area

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Business Description

$1mm Revenues -Excellent Location -Bring Offers

Profitable Wine & Craft Beer Retail Store located in the booming Near West area of Chicago. Consistently high Online Social Media Reviews including 4.5 Stars on Yelp and 4.9 on Google.

This successful Wine & Craft Beer shop and liquor store has been owner managed since its opening. The owners are selling the store in order to move in the near future to another State. The Store offers a wide variety of wines, craft beers and spirits for its customers at excellent prices. This business consistently generates over $1 million of annual revenue, and over $130,000 of cash flow. The Sellers currently pay approximately $3632 per month in rent.

The Company offers an integrated approach to the overall wine experience through event promotions, classes, and tastings. The Company also employs a full and knowledgeable staff that is eager to help customers pick out the perfect wine or spirit for any gift or event. The wine tastings are hosted weekly and the Company has a rewards program for its most loyal customers.

Interested buyers will be required to execute an NDA and send a LinkedIn profile or resume as part of the buyer screening process. Please contact the Broker directly at 312-525-9622 or email info@playbookadvisory.com for more information.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company is leased out of a single unit storefront by a third party landlord
Competition:
The Company has many competitors in the form of other boutique wine shops and liquor stores in its territory. However, none of them have the consistently high reviews that the the Company boasts.
Growth & Expansion:
A new owner could easily grow the business by developing a marketing plan and investing in a larger social media presence. They could also advertise the wine tastings in print as well as online and set up a Company email blast to its regular customers.
Financing:
85000
Support & Training:
Mutually negotiated training and transition up to 30 days or
Reason for Selling:
Seller relocating out of state
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Contact the Seller

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Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

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