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- RE: Thriving Liquor Store Business For Sale!
- Contact: Todd Bailey
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $905,914 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $71,628 | |
Total Debt: | Not Disclosed | |
FF&E: | $116,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 7 | |
BBN Listing #: | 938286 | |
Broker Reference #: | 8953-218848 |
Business Overview:
Established over a decade ago, this locally owned and operated liquor store has become a cornerstone in the community. With a commitment to excellence, it boasts an extensive inventory of all the staples and an impressive selection of craft beers, catering to a diverse customer base. Over the years, the business has nurtured a large and loyal customer following, contributing to its sustained success. The potential for growth is substantial. A strategic marketing push, coupled with the introduction of additional services and products, could further elevate the business. Diversify revenue streams by tapping into the wholesale market. The opportunity to supply to restaurants and clubs opens up new avenues for profitability. Under new ownership, pricing has been corrected, resulting in improved gross margins. The business now offers dual pricing, with separate rates for cash and card transactions. A recent upgrade to the Point of Sale (POS) system brings a game-changing advantage. The system allows for dual pricing on all items, empowering the business to pass on credit card fees to customers. This strategic move translates to significant monthly savings, estimated at approximately $1,800. The POS system upgrade includes state-of-the-art terminals and credit card machines.
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Property Features and Assets:
Monthly Rent: $5,826.00
Square Units (Foot, Meter): 3,290
Lease Expiration Date: December 31, 2028, 12:00:00 AM
Terms Options: NNN
Facilities: Very suitable. good visibility and good local traffic with high traffic neighbor
businesses.
Reason for Selling:
other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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