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Neighborhood Liquor Store - Great First Business In Harris County For Sale

Harris County, Texas, US
Asking Price:
$95,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$245,321
Cash Flow:
$7,984

TRANSWORLD BUSINESS ADVISORS OF HOUSTON.

Reduced price. Cash buyers only. Price based on $50k worth of inventory at cost. Inventory will be counted and adjusted at close based on actual. (if it is higher, will add to price, if lower will reduce price)

This liquor store has been owned and operated since 2009. Surrounded by a mix of industrial and residential properties, it has an established and loyal customer base. The store includes a side variety of inventory (valued at approx. $50,000), including spirits, wine and beer, is organized on custom-built shelving, and includes a huge, well-maintained walk-in cooler. With ample parking, there are neighboring tenants that help drive additional traffic to the business, which has partnering potential with a little effort from a new owner.

With very low rent, the seller does zero advertising, so any attention to marketing is sure to increase revenue and help deliver a more robust profit.

2023 revenue was $245,331. The owner has closed for several weeks thru the year to take time off, so there has been a loss of revenue opportunity as a result. 2021 revenues were just under $270k. seller is ready to officially retire and spend more time with her grandchildren.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $1,900.00

Square Units (Foot, Meter): 1,400

Premises Details:

FF&E Overview: includes ATM, bullet proof cashier box, custom shelving, and walk in cooler, among other items.

FF&E General Condition: Good

Business Operation

Expansion Potential:

Focus on e-cigs, partnerships with neighbors, gaming opportunities, and adding delivery services and presence on apps such as Drizzly would grow revenues, in addition to good old fashioned marketing.

Competition / Market:

Current owner has state license for cigarette sales as well.

Reasons for selling:

Retirement

Trading hours:

Mon-Sat 11am - 9pm

Years established:
2009

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 1

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price