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- RE: Excellant Liquor Store With Wholesale Component
- Contact: Jerry Aris
Quick Facts
| Asking Price: | $525,000 | |
| Annual Revenue: | $1,528,415 | |
| Net Profit: | $145,336 | |
| Cash Flow: | $145,336 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $101,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 2 | |
| BBN Listing #: | 951302 | |
| Broker Reference #: | 240801 |
Business Overview:
This is an established liquor store located on a well-traveled corridor surrounded with shopping and restaurants. Around 32,000 cars pass by on the main thorough fare daily. The business offers a variety of products including wine, liquor, a beer cave and convenience items.
It is truly an awesome family business. This store is well kept, clean, and organized. This is a great business for a new owner to grow and expand to the next level. Retail Business Buyers have the option to purchase this single retail location or to explore the opportunity of a package deal to include acquiring the wholesale division housed within the same location.
It boasts great profit margins and potential for further expansion. Expanded marketing and adding new wholesale accounts will increase revenue. Customers rave about their great service and great prices. Tarrant Liquor is a friendly, family-owned business whose employees provide helpful service with warm smiles. It is described as the “go-to” place in the area to pick up spirits.
The wholesale division has over fifty accounts, over two million dollars in sales and is growing due to their excellent reputation. The additional storage space for the wholesale business rents for $1,000 a month.
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Property Features and Assets:
The building is 2,700 square feet. The rent is $4,900 per month for the retail store with the lease expiring on January 31, 2027. It is in a great location with high visibility on a major road and has plenty of convenient parking. The store is located in a strip center surrounded by a variety of businesses. Over 30,000 cars pass by daily.
Market Competition and Expansion:
Competition:Closest retail competition is 1 block away.
Growth Potential:Growth & Expansion:Marketing campaign on retail side and pursuit of new accounts on wholesale side.
Reason for Selling:
Diversifying business interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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