Business Overview:
This 6-year old liquor store is located in a relatively new building in a fantastic neighborhood. The space is currently being occupied has been very well-kept and offers its customers a very inviting display of products ranging from a wide array of wines, to a nice selection of specialty brewed beer along with popular domestics, while of course offering popular brands of liquor as well.
This business is perfect for someone with some capital to invest into building the inventory up and offering a wider array of snacks and or packaged goods that customers can conveniently grab on their way to the counter. The owner knows that if he were to sell snacks or some other essentials like cigarettes and lottery tickets, he would expect to increase sales dramatically, but it is not within his financial ability to do so. Also, the way you make money in this business is buying product in bulk so that you get discounts from the suppliers. The owner has never been able to take advantage of this either.
The sales price is set at an amount lower than what the current owners have put into the business. They realize that someone could do better with the business than they are currently capable of doing. Right now, the active owner has been taking college courses due to other interests. Seller is motivated to sell.
The seller will hand over all vendor information at buyer's request and all business assets will be made a part of the deal, making it turn-key. Buyer will purchase inventory from seller at closing at cost to seller. This is running at approximately $20,000 on a day-to-day basis. The seller is also willing to train and show a new owner exactly what they were doing so that the buyer is completely aware of how certain changes to the business will greatly impact the gross sales and profitability of the business.
Getting into the liquor store business has never been cheaper and you will inherit a base sales level averaging around $18,000/month. Act Now!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The store is very well-kept and has a lot room to expand product offering.
Market Competition and Expansion:
The store has a lot of room for additional product. The name & sign of the business only target a segment of the market they are trying to reach. A name change would probably bring instant results and drive a new market segment into the store.
Reason for Selling:
Failed Partnership = Lack of Working Capital
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is a distressed business or bankruptcy situation.