MergerPlace

Retail Liquor Store

Oklahoma (Oklahoma)


  • Asking Price: $100,000
  • Gross Income: $677,798
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $10,341
  • Listing ID: #197731
  • Established: 2013
  • Employees: 1 FT/2 PT

Business Description

This is a great opportunity to own a profitable and fast growing Liquor Store. The owner is very motivated. This is an attractive and profitable Liquor Store located in a strip center anchored by a 7-11 on a corner lot so the traffic is always there. This one is hard to beat. Ten-year-consecutive Oklahoma residents qualify for store liquor license under state law. This store grossed $677k which is $100K more than 2015. The sales of the store are growing rapidly and show no signs of slowing down in 2017. The current owner expects sales for 2017 to be $750K. This well established and successful liquor store is located in a high traffic and growing area of OKC. All furniture, fixtures and equipment, including POS/Computer System, shelving, racks, and security system are included. The store is well stocked and maintained with approximately $70,000 in inventory. The business has excellent growth potential. Most of the customers are from the neighborhood and are repeat customers. This store has low overhead expenses and reasonable rent. Do not miss this opportunity.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/2 PT

Financial Information

Asking Price: $100,000
Gross Revenue: $677,798
FF&E: $10,341
Seller Financing Available: No

Property Information

Facilities:

The store is a leased property with 1250 square feet. The strip center has a corner location on a busy intersection with a 7-11 store as the anchor. Included with the purchase is approximately $10,000 in FF&E. The current lease is for 5 years with two 5 year options. The facility is in excellent condition so a buyer can just walk in and do nothing except start making money.

Growth & expansion opportunities:

The opportunity for growth is great for this business. The owner has done very little marketing and has no presence on social media. There are two liquor stores within a two mile radius but neither has the prime location that this one has. The corner lot location is constantly full of customers due to the 7-11 anchor next door.

Competition:

This business has huge growth potential. There are three liquor stores within a two mile radius of the store. 10 years Oklahoma residency is required to obtain a liquor license in the state of Oklahoma.

Reason for selling:

The current owner has other business interests.

Support & Training:

Will train for 2 weeks @ no cost. A State of Oklahoma Liquor License is required to own and operate this business. The current owner will provide two weeks of training at no cost to assist with a smooth transition.

Contact Business Seller

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Business Listed By:

Geary Welch

Murphy Business Brokers