The Affordable Business Partner
A better way to buy & sell Family businesses in Alberta & Saskatchewan
High End Liquor Store
Investment Level: $ 799,000 (Plus inventory of 275,000)
Type of sale: Asset
Opportunity to purchase a well run and established Liquor Boutique in an Alberta progressive town. Our client has spent considerable time and money over the last 8 years to increase clientele, retail sales and profits.
This business is being operated as an Absentee Owner business.
For the buyer who is searching for an easy turn key business to learn and operate this business provides an excellent return on investment.
Add in the excellent location, the owners do not work in the business, extensive leasehold improvements and consistent growth in sales, buyers would be hard pressed to find a Liquor Store of this quality and value anywhere in Alberta.
Simply put this business scores 5 out 5 in all areas important to buyers
Our client is willing to work and share lessons with the new owners to ensure many more successful years to come.
Business at a glance
Monthly lease costs: $ 4891.25
Common area costs: $1075
Time remaining on the lease: 13years
Gross sales: 2020 1,115,102 2021 1,772,156 2022 1,584,026**
Normalized Net Income: 2020 104,949 2021 214,239 2022 178,429**
**The drop in sales in 2022 was due to a 4 month highway closure leading into the mall. Sales are now back to 2021 level.
Owner operator can add additional income by operating the business
themselves and with 2 part time staff.
Vendor financing: Owner may consider some vendor financing
Hours of operation:
Sunday to Wednesday 10 am –11 pm Thursday 9am-11pm
Friday & Saturday 9am-12pm