Profitable Liquor Store With Huge Inventory

Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-913265

ASKING PRICE FOR BUSINESS: $165,000

Asking price includes the business plus $40,000 in inventory. Additional wholesale inventory in stock will need to be purchased at cost along with the business.

Originally opened in 2008, this well established and extremely popular neighborhood liquor store was sold to the current owners in 2021. Upon purchasing the store, the sellers spent thousands of dollars updating the fixtures, the equipment and made ample leasehold improvements. More importantly and impressively, they have spent hundreds of thousands of dollars updating, upgrading and growing their impressive inventory. Since late 2021, they’ve consistently added several hundreds of thousands of dollars to inventory to bring it up from $45,000 when they purchased the store to over $160,000. The intent was to build up the inventory, including specialized bourbons and other sought-after liquors, improve the space and fixtures and then get profit margins to 30+% once the store was up to date and fully stocked. The current owner/operator is on track to get the profit margins in line with goals. Sales in 2023 were $580,523 with an SDE of $40,143. In 2022, total sales were $511,418 with an SDE of $49,546.

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Property Features and Assets:

Monthly Rent: $2,536.00

Square Units (Foot, Meter): 1,400

Lease Expiration Date: August 8, 2026, 10:00:00 PM

Terms Options: Two 3 year option periods

Market Competition and Expansion:

Expansion: This well-established and renovated liquor store with ample and specialty inventory will continue to attract neighborhood and “passing by” customers, but there’s a huge opportunity to integrate more marketing to continue the impressive revenue growth and boost the SDE. The owners spent hundreds of thousands of dollars building up the inventory and improving the store, thereby setting up a new owner for success and great cash flow.

Reason for Selling:

Other Opportunities

Additional Details:

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