Established over a decade ago, this locally owned and operated liquor store has become a cornerstone in the community. With a commitment to excellence, it boasts an extensive inventory of all the staples and an impressive selection of craft beers, catering to a diverse customer base. Over the years, the business has nurtured a large and loyal customer following, contributing to its sustained success.
The potential for growth is substantial. A strategic marketing push, coupled with the introduction of additional services and products, could further elevate the business. Diversify revenue streams by tapping into the wholesale market. The opportunity to supply to restaurants and clubs opens up new avenues for profitability. Under new ownership, pricing has been corrected, resulting in improved gross margins. The business now offers dual pricing, with separate rates for cash and card transactions. A recent upgrade to the Point of Sale (POS) system brings a game-changing advantage. The system allows for dual pricing on all items, empowering the business to pass on credit card fees to customers. This strategic move translates to significant monthly savings, estimated at approximately $1,800. The POS system upgrade includes state-of-the-art terminals and credit card machines. As a bonus, all equipment is covered by a 100% warranty for the life of the POS, ensuring peace of mind for the new owner.
Don't miss out on this lucrative opportunity to own a thriving liquor store with a solid foundation, loyal customer base, and innovative business practices. Contact us today to learn more and take the next step towards becoming the proud owner of this successful venture!
