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Well Established Liquor & Tobacco Store Oak Forest, IL - Recently Remodeled!

Oak Forest, Illinois
 Well Established Liquor & Tobacco Store Oak Forest, IL - Recently Remodeled!
Asking Price:$59,000
Gross Sales: $451,000
Cash Flow: $50,000
Monthly Rent: $4,500
Value Of FF&E: Included in Asking Price
Real Estate: Leased
Year Established: 1988
Status: New Listing

Contact Details

Contact Name: Tom Traina

Contact Email: sales@eatz-associates.com

Contact Phone: 847-651-3834

Contact Fax: 888-673-3045

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Business Description

Great opportunity to purchase a high-volume liquor and tobacco store in an ideal location. It's a one-stop shop for sought after spirits, tobacco products and convenience food.

Has an excellent selection of all major brands of liquor, wine and beer. As well as a great selection of cigars from all over the world, even Cuba. Plus, all the high demand snacks, as well as ice, mixers, bottled water, soft drinks and more.

Recently remodeled in 2016 including a new POS system, two new compressors and much more. The store boasts 2 large walk-in coolers, 10-door cooler and more. Owned ATM on premises. Huge Lotto business.

Well established over 30 years! Owner operated. Limited financials - can view in the store.

Asking Price: $59,000 + Inventory (Approx $50,000)

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Cook

Location: Prime retail space in a busy strip center with ample parking. Perfectly situated on a highly traveled street with over 36,000 vehicles per day. In the heart of a densely populated southwest suburb. Surrounded by a vast residential area.

Facilities: Leased space $4,500/mth gross. Current lease expires 2027 with two 10-year options. Square Feet: 2,500 Seating: 0. Days/Hrs of Operation: Mo-Th 9a-11p & Fr-Sa 9a-1a & Su 9a-8p.

Competition: This store has built a reputation on its great product selection, superb organization and helpful staff. Highly rated and recommended. A neighborhood store - has many loyal customers for many years of repeat business. Great reputation to continue to build upon!

Growth and Expansion: Owning a liquor store is a solid, stable business, which is less prone to economic downturns. This store is located in a densely populated area.

Support/Training: One week on-site comprehensive training.

Number of Employees: 1 + Wife

Inventory: Approx $50,000

Seller Financing: No

Reasons For Selling: Retiring

Gross Sales: $451,000

Value Of FF&E: Included in Asking Price

 

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