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Listed by:

EatZ & Associates

Broker license number: 471021331

Long-Established Neighborhood Liquor, Tobacco And Convenience Store For Sale

Chicago, Illinois, US
Asking Price:
$200,000 Furniture / Fixtures included
Sales Revenue:
$523,286
Cash Flow:
Undisclosed

Long-Established Neighborhood Liquor, Tobacco & Convenience Store High-Traffic Chicago Corridor - 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 offpremises 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 walkin 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 longterm lease with belowmarket 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.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please click on the orange Contact Broker button on the right to complete the Buyer Profile form. Showings by appointment only outside of business hours.

Property Information

Real Estate:

Lease

Lease Terms:

Leased space $3,000/mth gross. Current lease expires Dec 2034. The lease also includes an exclusive use provision, preventing the landlord from leasing space within the property to another liquor or tobacco retailer, creating a significant competitive advantage for the future owner.

Lease Security Deposit: $5,000.

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.

Location Highlights

  • Strong walkin and driveby customer base
  • Dense residential neighborhoods
  • Proximity to public transportation and CTA bus routes
  • Surrounded by a mix of independent retailers, service businesses, restaurants and neighborhood commercial uses
Premises Details:

Year Established: Jan 2024 (Current Owners).

Seating: 0.

Owners Role: Owner operated - active day-to-day.

Size in square feet:
1,900

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The business is supported by a loyal repeat customer base developed over many years of successful operation.

It also has significant upside through product expansion, merchandising enhancements and operational optimization.

A new owner could expand premium beer, wine and spirits offerings, introduce craft and specialty products, increase convenience and grocery inventory, add additional grab-and-go food and beverage selections, strengthen tobacco and vape product categories (subject to local regulations) and further leverage the existing customer traffic through enhanced merchandising and marketing initiatives.

Competition / Market:

Strengths

  • Established neighborhood operation with an existing customer base
  • Excellent street visibility and access on one of Chicago's busiest commercial corridors
  • Strong traffic counts and easy customer recognition
  • Dense surrounding population, supporting repeat neighborhood business
  • Diversified revenue opportunities through liquor sales, convenience retail and ancillary services
  • Established neighborhood identity, which often translates into longterm customer loyalty
Reasons for selling:

Other interests.

Trading hours:

Mo-Sa 10a-12m & Su 10a-11:30p

Employees:
2
Years established:
2 Years

Other Information

Support & training:

Negotiable on-site comprehensive training.

Financing available:

No.

Inventory / Stock value:
$130,000
Related Documents:

Listed by

EatZ & Associates

Broker license number: 471021331