Lou’s Beer & Wine Cellar, Since 1955
Well-Maintained Commercial Building On 1 Acre, Also Selling Vacant Lot Across Street

Real Estate With Business Opportunity
Lou’s Beer & Wine Cellar, Since 1955
Well-Maintained Commercial Building On 1 Acre
70 Year Family Beer & Wine Business, Grosses Over $1.1 Million Annually
Store Front, Walk-In Coolers, 2 Apartments, Paved Parking
4-Car Garage, Liquor License
Owners Retiring, Also Selling Vacant Lot Across Street
Austintown Twp., Mahoning County, OH
Located On Busy Rt. 46 Just North Of Canfield
Live Auction With Online Bidding Available

Directions: Take Rt. 46 north of Canfield or south of Austintown to auction. Watch for KIKO signs.

Auction #1: Excellent turnkey business opportunity with a 70-year well established beer & wine business that has huge customer base. Proven sales the past 4 years of over $1.1 million per year and NET profits of $225k-$280k per year. Building sits on busy Rt. 46 and contains approx. 3,752 sq. ft. of space plus a two-car garage, a main floor 2-bedroom apartment, and a lower level 3-bedroom apartment. Building has been well-maintained and ready for a new owner. Currently specializing in beer & wine but could be expanded to include tobacco, lottery, convenience items, etc. Gas furnaces, central A/C, C1-C2 Monday-Saturday liquor license, no Sunday permit for wine. Apartments have not been leased but are very clean, just need some cosmetic updates like carpeting, etc. Public water, commercial septic system. 2 walk-in coolers, reach-in door coolers, shelving, cash register, security system. Plus, nice 30’x50’ 4-car garage to rear and paved parking. Tremendous cash flow opportunity! Check it out!

Auction #2: Vacant .35-acre lot across street will sell separately after building with business is sold. Austintown LSD.

Note: Owner will assist new buyers for first 30 days. Open house auction day 11:30 AM-1:00 PM.

10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as Separate Parcels and not to be offered as an Entirety.

Randy & Zelda DiNunzio