MergerPlace

Retail Liquor Store

Oklahoma (Payne)


  • Asking Price: $280,000
  • Gross Income: $591,693
  • Cash Flow: $57,988
  • Real Estate: Not Disclosed
  • Inventory: $70,000
  • FF&E: $30,000
  • Listing ID: #212375
  • Established: 2015
  • Employees: 1 FT/3 PT

Business Description

This is a liquor store with super and growing rapidly sales at a small strip center on a busy highway and near an intersection corner with good exposure and good visibility. If you are looking for a turn-key business you have just found it. This fantastic and profitable wine and liquor store has been in business for 4 years and has a large and growing client base. This is not your usual liquor store. No late dealing with undesirables. The store is open from 10-9 Monday thru Saturday and closed on Sunday. The offering includes a Point of Sale and inventory management system, all coolers, displays and inventory. The new owner literally can walk in and start making money. In order to help with that, the current owner will assist in all aspects of store management for 2 weeks at no cost and an additionally 2 weeks of no cost on-call support. Complete financial information is available with a signed confidentiality agreement. The highly motivated seller is looking to sell and the new buyer will benefit from the name-recognition and existing business systems and practices to take the business to the next level. This 4 year old business is a great opportunity for an Owner operator or as an Absentee Owner. The owner’s 4 years of experience is invaluable for anyone deciding to enter into this profitable business. This business has Excellent Reviews and a great reputation in the community. This business is an affordable, easy to maintain business that provides an immediate profitable return on your investment. Only qualified Buyers will be considered. All Buyers shall be expected to sign a non-disclosure agreement and show personal financial information before receiving the Confidential Memorandum from the Broker.


Business Details

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

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/3 PT

Financial Information

Asking Price: $280,000
Gross Revenue: $591,693
Cash Flow: $57,988
FF&E: $30,000
Inventory: $70,000
Seller Financing Available: No

Property Information

Facilities:

This liquor store is located in a 2500 Square foot strip center on a busy road near a busy intersection. This is a fantastic opportunity for owner operator to take over a profitable business. This is an upscale liquor store located at an excellent; high-traffic location is well-operated with from the current owner operator. Sales breakdown in 2018 was about 49% liquor, 40% wine and 11% beer.

Growth & expansion opportunities:

Growth potential is great for this business due to its location and lack of competition. Sales have increased every year since opening in 2015. 2016 sales were $461K, 2017 sales were $591K and 2018 sales were $700K plus.

Competition:

One small competitor is located within a 1 mile radius. The next closest competitor is 8 miles away.

Reason for selling:

The current owner has other business interest and to spend more time with family.

Support & Training:

Will train for 2 weeks @ $0 cost. n Oklahoma Liquor license is required. The new owner literally can walk in and start making money. In order to help with that, the current owner will assist in all aspects of store management and ownership for 2 weeks at no cost and an additionally 2 weeks of no cost on-call support.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Geary Welch

Murphy Business Brokers