Kahn's taking former O'Malia store

August 24, 2009
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KahnKahn's Fine Wine & Spirits plans to open a second location in a former O'Malia Food Market at the northeast corner of 86th Street and Township Line Road. The fine wine and microbrew specialist has bought the old supermarket space at 2342 W. 86th St. and filed an application to transfer a package-store permit. The existing Kahn's superstore at 5341 N. Keystone Ave. carries more than 5,000 wine varietals and more than 900 different beers ranging from microbrews to domestic standbys. It also has one of the Midwest's largest selections of scotch, liqueurs and fine spirits. Owner Jim Arnold told IBJ he's eager to grow his business but that it is too early to discuss the plans for an 86th Street location. He still must win approval for a permit transfer from the state's Alcohol and Tobacco Commission. A hearing on the permit likely will take place in October or November.
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  • Best news all day! While there are a bunch of liquor stores in the area (86th & Twnshp, 86th & Ditch, etc), their selection will be a welcome addition to the neighborhood.
  • SWEEEEET! I will personally insure this store is profitable!
  • knowitall, you apparantly don't know how to spell it all.
  • July, do you know how to spell either?

    (sorry, just found it funny)(but, maybe that was your intent)
  • Let's not sweat the small stuff, this is a good investment! And it's within walking distance from my childhood house. :)
  • We are regulars at the current location and even love the selection of cheap wines--great variety. Since we live in the BR/MK area we probably won't frequent the new location but good news for the business either way!
  • Does anyone know what Kahn's paid and whether it involved seller financing? Lenders have been very stingy lately and this is especially good news if the deal involved bank financing.
  • I wonder how many flavors it will carry of Boone's Farm?
  • Will the new store have that METAL HORSE BARN look to it... nothing says superstore like a METAL butler building..... I'm waiting for a
    Combine to pull up.....
  • Will the new store have the same snobby workers as the Keystone store?
  • Will the new store have the same snobby workers as the Keystone store?

    The employees at the Keystone store are some of the nicest, most helpful, and informed employees you'll ever find at a liquor store.
  • I agree with indyengineer. Every time I am in the Keystone store, no less than 2-3 employees offer their assistance as I am browsing and they always give delicious recommendations!

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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