Liquor Store

Not Disclosed, OK
Oklahoma County

Asking Price: Annual Revenue:
$240,000 $581,531

Food & Beverage: Liquor Stores

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RE: Liquor Store Broker: Geary Welch

Quick Facts

Asking Price: $240,000
Annual Revenue: $581,531
Net Profit: Not Disclosed
Cash Flow: $55,736
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 94904955
Broker Reference #: 6501-15978

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Business Overview:

This is a super opportunity to own a profitable liquor store at a reasonable price. The store looks like it could have been opened yesterday. The liquor store has averaged annual sales of $673,000.00 since 2017 and features enough floor space for a nice selection of beer, spirits and popular wines. The liquor store has a loyal customer base, which makes this business a great investment. The inventory is valued at $39,900 at cost and is not included in the price. This turnkey operation is in a high profile location and is ready to hand over to new owners. With sales consistently over the $1.5 million mark the past few years, this is a store that is groomed for continued success. Very well-known and respected, the sellers have owned this store for 5 years and now want to focus on family and other business interest. The Inventory is included in the asking price and is valued at cost by the owner to be $40,000.00. Some small amount of seller financing is available for qualified Buyers. Seller will provide training in product knowledge, management, and all aspects of the business to the new owner at no cost. Take advantage of this opportunity to own your own wine store that is established, profitable and has numerous loyal customers already walking in the store. This store is perfect for an owner operator or as a semi-absentee owner. The store has a friendly and knowledgeable staff with 5 Star reviews on Google.

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Property Features and Assets:

The store is located in a relatively an attractive shopping center near a busy intersection. The location is an attractive leased space of approximately 1,200 square feet at a near corner lot with opportunity to expand store so it can incorporate more on premise business. The store is located in a nice and safe area and the area is growing and expanding. The liquor store has been serving the community for the last 13 years and has many repeat customers. The seller invested in numerous upgrades to the store including a beer cave, improved signage, new lighting, and additional FF&E. The current owner has recently upgraded the security system to 8 cameras, the POS is advanced. Rent expense for 2020 is $1,000.00 per month. This store boasts an expansive parking lot with easy street access, including a stop light near one of the entrances. Assets= $70,000

Market Competition and Expansion:

This business has many loyal customers leading to their high repeat client base. The customers find the store easy to navigate around, very clean & fast and friendly serve from the staff. The customers also appreciate that this store accepts special orders for those uncommon items. The closest liquor store is 3 and 1/2 miles away. A new and energetic owner operator would increase sales and profits. High quality service with attention to their customer experience has built a solid and growing customer base. The store has a great reputation in the community. Currently the owner has a very effective website and has an active role in social media. The area continues to grow and has much potential for growth. With new residential and commercial developments coming in, this store will surely benefit from the population growth. With an affordable lease in place of just $1000.00 per month, this is a business that is poised for substantial future growth. The store is currently being operated by an owner operator.

Reason for Selling:

The Owners have other business interest.

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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