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|Net Profit:||Not Disclosed|
|Total Debt:||Not Disclosed|
|Real Estate:||Not Disclosed|
|BBN Listing #:||953144107|
|Broker Reference #:||76931-869962|
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PRICE is $100,000 PLUS current inventory, which is between $70-85K.
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 $100-200K 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.
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