Liquor Store with Large Inventory-Growth Potential

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$225,000 $269,374

Food & Beverage: Liquor Stores


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RE: Liquor Store with Large Inventory-Growth Potential Broker: Katie Holditch

Quick Facts

Asking Price: $225,000
Annual Revenue: $269,374
Net Profit: Not Disclosed
Cash Flow: $6,415
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 277244107
Broker Reference #: 76931-869962

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Business Overview:

Liquor Store with Amazing Inventory and Great Sales Numbers

This liquor store has an established and loyal customer base, and it consistently generates annual sales over $250,000. The current owner keeps a wide variety of inventory, and the store is extremely well stocked with over $75,000 in inventory. The inventory, including spirits, wine and beer is organized on custom-built shelving, and it’s easy for customers to find exactly what they’re looking for. There is ample and accessible parking at the strip center, and there is a new Sports Bar & Restaurant coming in as an anchor tenant. Rent is unbelievably low for the amount of square footage the store occupies. Any buyer would be wise to take advantage of this amazing opportunity in the North Houston area. Revenue in 2021 was $269,374, and while the SDE was low, it would take very little effort to add $100,000 - $200,000 to the annual revenue. The seller doesn’t do any advertising, so any addition of marketing, like Google Ads, will likely skyrocket the sales and the SDE.

The store is ripe for growth and with the addition of weekly specials, social media accounts, delivery and using an app like Drizzly will allow this generously stocked store to make the kind of revenue that allows for great profitability.

This business was established in 2010 and has occupied the same location since opening. The owner currently works full-time operating the store, and with little to no paid advertising, sales are still over $260,000. Any potential buyer could invest in marketing like Google Ads and see excellent growth in sales and SDE. Historically, the day-to-day operations of the business are not complicated, and the store can easily be run by one person at a time. Vendors and suppliers are well established, and the seller has records of purchasing details.
Today most of the business’s sales are spirits, but there is potential to add more beer and wine inventory to increase the variety of alcohol offered and overall sales numbers. The owner has a state license to sell cigarettes as well but could add a variety of e-cigarettes and similar products. Adding local delivery and a presence on apps like Drizzly would allow for another stream of revenue growth.

This well-established liquor store with ample inventory will continue to attract customers, but there’s a huge opportunity to integrate marketing and inventory and grow the annual sales and therefore the Seller’s Discretionary Earnings. Any buyer should add local delivery and advertising.

What are the external factors that will contribute to growth?
o Recession-proof business model and industry
o Continuous and positive economic growth in the Houston area
o The residential and commercial areas surrounding the business are growing
What are the internal factors that will contribute to growth?
o Established vendors and operations system in place for buyer
o Owner operation with the addition of part or full-time help
o Marketing and advertising can be implemented by the buyer to add significant sales and SDE.

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Reason for Selling:

Retiring

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.

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