Retail Liquor Store

Not Disclosed, OK
Payne County

Payne County

Asking Price: Annual Revenue:
$260,000 $703,739

Food & Beverage: Liquor Stores

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RE: Retail Liquor Store Broker: Geary Welch

Quick Facts

Asking Price: $260,000
Annual Revenue: $703,739
Net Profit: $591,693
Cash Flow: $98,878
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 33424955
Broker Reference #: 6501-14733

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Business Overview:

This is a liquor store with super and growing rapidly sales at a small strip center on a busy highway and near an intersection corner with good exposure and good visibility. Sales have increased steadily from $419K in 2015, $461K in 2016, $591K in 2017 and $703K in 2018. Sales in 2019 appear to be on track to better 2018 sales. If you are looking for a turn-key business you have just found it. This fantastic and profitable wine and liquor store has been in business for 4 years and has a large and growing client base. This is not your usual liquor store. No late dealing with undesirables. The store is open from 10am-9pm Monday thru Saturday and closed on Sunday. The offering includes a Point of Sale and inventory management system, all coolers, displays and inventory. The new owner literally can walk in and start making money.

In order to help with that, the current owner will assist in all aspects of store management for 2 weeks at no cost and an additionally 2 weeks of no cost on-call support. Complete financial information is available with a signed confidentiality agreement. The highly motivated seller is looking to sell and the new buyer will benefit from the name-recognition and existing business systems and practices to take the business to the next level. This business is a great opportunity for an Owner operator or as an Absentee Owner. This business has Excellent Reviews and a great reputation in the community. This business is an affordable, easy to maintain business that provides an immediate profitable return on your investment. All Buyers shall be expected to sign a non-disclosure agreement and show personal financial information before receiving the Confidential Memorandum from the Broker.

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Property Features and Assets:

This liquor store is located in a 2,500 Square foot strip center on a busy road near a busy intersection. This is a fantastic opportunity for owner operator to take over a profitable business. This is an upscale liquor store located at an excellent; high-traffic location is well-operated with from the current owner operator. Sales breakdown in 2018 was about 49% liquor, 40% wine and 11% beer. Assets = $100,000.

Market Competition and Expansion:

The only competitor and only competition located within 1 mile has now closed and ceased operations. The closest competitor is now 8 miles away. All assets are included in the offering except for cash on hand and in banks. No liabilities prior to closing are included in this transfer. This business has $70,000.00 in inventory, coolers for cold beverages and a great reputation within the community. Below is a quick overview of operations, services and financials: Gross sales are $55,000 per month on average. Rent is $2,400 including 3 Net. The 2 owners work alternatively just as needed and has been run for 4 years by the Owner. Over 100 wines are available. The best business is the best local resource for wines, beers and specialty liqueurs and spirits. Over 50 beers including a mix and match beer section. The sale price includes; wine racks, retail shelving, 14-door Beer Cooler and point of sale system. This is a great opportunity to open a liquor store within a terrific community.

Reason for Selling:

Owner has 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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