Seller's Contact Information
- RE: Liquor Store In Central Iowa
- Contact: Tom Doyle
Quick Facts
Asking Price: | $160,000 | |
Annual Revenue: | $154,102 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $47,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 2 | |
BBN Listing #: | 757635915 | |
Broker Reference #: | 2974 |
Business Overview:
This Liquor Store in Central Iowa has an excellent reputation for competitive pricing and maintaining a diverse selection of specialty bourbons and other liquors. The business is located in a highly visible area off a main highway which is convenient for both local customers and those who are driving to the area for special events. The business places an emphasis on knowing the needs of their loyal customers and providing the products and service they desire.
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Property Features and Assets:
The business leases a 1,200 square feet space in a strip mall conveniently located near a busy highway. There has been a liquor store at this particular location for close to 10 years.
Market Competition and Expansion:
As the business has placed a focus on specialty liquor, expansion of their wine offerings would be an excellent opportunity for growth. Another growth opportunity would be to establish a wholesale revenue stream for local restaurants and bars. Implementation of a customer loyalty/rewards program would be well received by the loyal customers and bring in more repeat business.
Reason for Selling:
Pursue 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
Documents:
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