MergerPlace

High Volume Liquor Store

Texas


  • Asking Price: $599,000
  • Gross Income: $1,270,924
  • Cash Flow: $413,984
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #198989
  • Established: 1982
  • Employees: 1 FT/3 PT

Business Description

High cash flow local liquor store with loyal customers who return because of the personal service, availability of products not found in other local liquor stores and good prices.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Texas

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/3 PT

Financial Information

Asking Price: $599,000
Gross Revenue: $1,270,924
Cash Flow: $413,984
FF&E: $25,000
Seller Financing Available: No

Property Information

Facilities:

The store is located in a high traffic strip center in the parking lot of a Name Brand Grocery Store. The 2,800 square feet is leased through the end of May 2020.

Growth & expansion opportunities:

There is tremendous growth potential by adding Lotto sales, advertising and creating an internet presence with a website. There is also the opportunity to add one or more store locations.

Competition:

Fast growing suburb north of Austin, Texas with a high job growth rate. There are only 4 stores within 4.1 miles that sell liquor. The large number of jobs that will be created in the area will provide the basis for continued growth in liquor sales.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. No previous liquor store ownership or management experience is required. Sales are comprised mostly of liquor with other miscellaneous items offered for the convenience of the customers. The new owner will be required to obtain a liquor license and other miscellaneous licenses to be able to sell all of the current products.

Contact Business Seller

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Business Listed By:

Dennis Corkran

Murphy Business Brokers