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Neighborhood Liquor, Tobacco & Convenience Store!

Chicago, IL, USA
Listed 20 days ago

Long-Established Neighborhood Liquor, Tobacco & Convenience Store High-Traffic Chicago Corner -|Turnkey! "Freestanding Building On One Of Chicago's Major N-S Arterial Roads Carrying Substantial Daily Traffic" A great opportunity to acquire a long-established neighborhood liquor, tobacco and convenience store located on one of Chicago's busiest commercial corridors. Situated on a highly visible corridor with exceptional frontage and strong daily traffic counts, this turnkey operation has become a trusted destination for local residents and commuters alike. The business holds multiple valuable licenses supporting the sale of packaged alcohol, tobacco products, lottery tickets and retail food items, subject to applicable governmental approvals and licensing requirements. Five Licenses Included City of Chicago Package Goods - allows sale of packaged alcoholic beverages for off-premises consumption Tobacco License - allows sale of tobacco and flavored tobacco products IL Tobacco Retailer - allows sale of cigarettes & tobacco products IL Lottery - allows the business to sell Illinois Lottery tickets Retail Food Establishment - allows retail sale of perishable foods Its retail space is efficiently designed with a spacious sales floor, fully equipped point-of-sale area, dedicated tobacco counter and a large walk-in cooler capable of supporting an extensive inventory of beer, beverages and other high-demand products. In addition, the business benefits from supplemental revenue generated through legal skill gaming machines and other ancillary sales channels. This is a true turnkey acquisition. The sale includes all furniture, fixtures, equipment, displays, refrigeration, shelving, point-of-sale systems and business assets necessary for a seamless transition. And a substantial inventory will be transferred at cost, allowing a buyer to take over operations without the expense and logistical challenges of stocking a new location from scratch. Business Highlights Established independent neighborhood liquor, tobacco and convenience store Large walk-in cooler and extensive display fixtures Additional income generated through skill gaming and ancillary revenue streams. Turnkey operation with FF&E and licenses included Fully stocked - substantial inventory available at cost Attractive long-term lease with below-market rent through 2034 Exclusive use clause protecting against competing liquor or tobacco tenants in the property Ideal for an owner-operator, family business or experienced convenience store investor seeking a stable, cash-flowing operation with a strong foundation and long-term growth opportunities. A sought-after combination of proven sales, favorable occupancy costs and a highly desirable urban retail location. Prime retail space in a freestanding building on one of Chicago's major north-south arterial roads carrying substantial daily traffic. Its highly visible location offers excellent signage opportunities, convenient customer access and outstanding street presence, all contributing to consistent year-round business activity. Ideally located within a densely populated urban neighborhood, the store enjoys a diverse customer base consisting of nearby residents, local workers and daily commuter traffic.

Buyer Fee?

No

Franchise?

No

Real Estate?

No

Relocatable?

No

Principals Only?

No

Willing To Co-broke?

Yes

Represented By Broker?

Yes

Financials

Asking Price
$180K
RevenueMost Recent Year
$523K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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