Business Overview:
This 5-year old liquor store is located in a building that was built just 6 years ago. 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 the amount the current owners have put into the business. If the buyer requires extra capital to run the business properly, the seller will consider financing up to 50% of the sales price to a qualified buyer. They realize that someone could do better with the business than they are 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. 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.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The store is very neat.
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 alcohol consumers. 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 not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.