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Popular Liquor Store In Edmonton For Sale

Edmonton, Alberta, Canada
Asking Price:
$299,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$925,622 (CAD)
Cash Flow:
$88,325 (CAD)

This business is a liquor store established in the early 2000's. Located in a high-traffic and busy location this business has a track record of profitability along with a strong reputation.

The current owner took over this business in early 2020 and are selling as they are looking to move out of province. The business offers a wide selection of products coupled with strong customer service. Since taking over they have increased gross margin, as well, sales have increased from 2020 to 2021 by over 25%. New compressors for coolers have been installed, and marketing efforts have been increased which has led to growth.

This is an amazing opportunity for someone with a background in the liquor or retail industry to take over their own liquor store or for a current liquor store owner who is looking to expand. A new owner will greatly benefit from the strong reputation, great location, and financial performance.

WHY THIS BUSINESS:

• Fantastic location
• Popular name with established reputation
• Profitable liquor store with strong margins
• Strong online and social media presence
• Great google reviews

*NOTE: Purchase price does not include inventory, which is additional and will be sold at cost. The inventory values stated here are approximate and are subject to change

Property Information

Real Estate:

Lease

Lease Terms:

To be discussed.

Location:

Downtown Edmonton, located in high traffic location, especially on Oilers game days

Business Operation

Reasons for selling:

Owner is looking to move out of province.

Employees:
1
Years established:
Early 2000's

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$65,000 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD)

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