Discover a rare opportunity to own a profitable, absentee-run liquor store with steady revenue and loyal clientele. Ideal for investors seeking a turnkey business with management in place.
- Asking Price:
- $340,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $585,249
- Cash Flow:
- $106,951
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The Business operates out of a 1,200 sq foot retail location in a strip mall. The rent is fairly priced and there are a lot of new homes being built in the immediate area.
Business Operation
- Expansion Potential:
-
The local population is rapidly increasing in the immediate area surrounding the Business. The Business carries specialty inventory which creates loyal customers.
- Competition / Market:
-
The liquor store industry remains a resilient and profitable sector, driven by steady demand and diverse product offerings. In recent years, it has seen shifts towards premiumization, with consumers increasingly interested in high-quality, artisanal, and locally-sourced options. E-commerce and delivery services have become significant growth avenues, especially post-pandemic, enabling liquor stores to reach a broader customer base.
- Reasons for selling:
-
The owner is selling the business to pursue other interests.
- Trading hours:
-
Monday-Saturday 9am-7pm
- Employees:
- 3 PT
- Years established:
- 6
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $34K down.
- Furniture / Fixtures value:
- $10,000 - included in the asking price
- Inventory / Stock value:
- $125,000 - included in the asking price
