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Topeka Liquor Store Asking $89,900 Plus Inventory For Sale

Topeka, Kansas, US
Asking Price:
$89,900 Furniture / Fixtures included
Sales Revenue:
$1,265,823
Cash Flow:
$49,130

This is the opportunity to purchase a liquor store that has been in business for over 15 years. The owner is relocating, and while he operates the store hands-off, he would strongly prefer to sell before he moves to an owner operator or someone familiar with the industry. Given the minimal amount of time, cash offers, speed to close, and familiarity with Kansas liquor licensing will be prioritized.

The store is situated in a strip mall along one of the busiest streets in Topeka. Sales mix of 44% Beer, 39% Liquor / Spirits, and 9 % wine. Average margins ~19%.

Consistent and loyal customer base with plenty of room for growth with a hands-on Owner Operator, wholesale business expansion, and more consistent marketing efforts. The facility includes 3,840 square feet at a base rent of $4,960 per month. Triple Nets are paid in addition to the base rent and are adjusted annually based on actuals.

In 2023, the total monthly rent was $8,282.82 after base plus triple nets.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other business interests

Employees:
9
Years established:
15+

Other Information

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$210,000