Local Award Winning Liquor Store with Property!

Hearne, TX
Robertson County

Located near Bryan/College Station Metro Area


Asking Price: Annual Revenue:
$549,000 $833,601

Food & Beverage: Liquor Stores


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RE: Local Award Winning Liquor Store with Property! Broker: Larry Fry

Quick Facts

Asking Price: $549,000
Annual Revenue: $833,601
Net Profit: $162,217
Cash Flow: $207,432
Total Debt: Not Disclosed
FF&E: $76,000
Real Estate: $225,000
Year Established: 1981
Employees: 2
BBN Listing #: 879356457
Broker Reference #: 75951-484186

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Business Overview:

This local award winning (i.e., for best selling) retail business is located in Southeast Texas and primarily operates in the Liquor Stores business / industry within the Miscellaneous Retail sector. The business model involves the retail sale of liquor, beer, wine, and tobacco products. It also entails ATM machines, lottery tickets, and basket styled gifts designed for all occasions. The business is located right off of the main highway in town, providing customers with easy access to this neighborhood store, which is the largest liquor package store in town. In fact, this store is pretty much the only high-tier liquor package store in the county and has been for over 37 years now.

Per the seller's end-of-year estimates, the year 2018 will show an 11% increase in annual revenue over 2017, most likely due to the new ATM machine that's been installed and also the lottery ticket business. In addition, the railroad is building the largest switch yard in the US just outside of town. The business now sees new customers every day, and maybe the new switch yard is a reason for this, along with the new ATM machine and lottery ticket business. The seller now estimates that the business generated over $800,000 in annual revenue for 2018, and he projects that it will generate over $900,000 in annual revenue during 2019.

NOTICE:
* The Annual Revenue, Net Profit, & Cash Flow shown are for the year 2018 as reported by the seller.
* FF&E shown is approximate as reported by the seller.
* Current Inventory is approximately $75,000 as reported by the seller.
* Real Estate shown is approximate as reported by the seller.
* All information, data, financials, valuations, appraisals, etc. must be verified by the buyer’s independent professional advisors before putting any money at risk as the broker has no knowledge of the accuracy of said information & makes no warranty, expressed or implied, as to the accuracy of such information.
* Non-Disclosure Agreement (NDA) is required. The seller’s financial data is confidential & will only be disclosed to qualified buyers with a signed NDA in place.
* For more information please contact broker or email us.

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Property Features and Assets:

The lot the store is located on is 0.66 acres and the building size is 2400 square feet. The building makes use of trusses so interior walls can easily be moved. Full non-public bathroom with a shower in it. Building overall is in great shape and was just repainted in 2017.

Market Competition and Expansion:

This locally owned and operated liquor package store has been in business for approximately 38 years. It is pretty much the only high-tier liquor package store in town and should stay that way due to its developed economies of scale and also due to entry barriers to potential competitors in the high-tier sector. The business is located right off of the main highway in town. As a result, its customers have easy access to this neighborhood store, which is the largest liquor package store in town. Business does have the lottery, which brings in customers for other purchases. This also keeps customers from making two stops or even going somewhere else. The business's newest addition is a "through the wall" ATM. This really is bringing in a whole new crowd. It is accessible 24 hours a day. Top of the line GenMega 5000.

Reason for Selling:

Owner wants to retire this year.

Additional Details:

  • The property is owned.
  • 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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