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, Seller Financing Available, 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 Absolute auction, all sells to the highest bidders on location: 2975 S. Canfield-Niles Rd., Youngstown (Austintown), OH 44515 Directions: Take Rt. 46 north of Canfield or south of Austintown to auction. Watch for KIKO signs. Thursday, June 26, 2025, 1:00 PM 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. Seller Financing: 25% down, 6% simple interest, 4-year balloon payment. Seller will assist in transfer of liquor license. Sale not subject to buyer securing transfer of liquor license. Contact Matt Kiko for P and L financials. Terms On Real Estate: 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. Auction By Order Of: Randy & Zelda Dinunzio Auctioneer/Realtor: Matthew P. Kiko, 330.327.9617 or mattkiko@kikocompany.com