MergerPlace

Liquor Store for $2.8M in Gross Sales

Fort Worth, Texas (Tarrant)


  • Asking Price: $1,100,000
  • Gross Income: $2,852,733
  • Cash Flow: $401,423
  • Real Estate: Not Disclosed
  • Inventory: $500,000
  • FF&E: $75,000
  • Listing ID: #223684
  • Established: 2007
  • Employees: 1FT

Business Description

Office ID: #001027

A high volume liquor store in Fort Worth with fast-growing sales of over $1,700,000 in gross volume is available for acquisition. This business was originally established by the current owner of the business in 2007 over a decade ago. Most of the customers is a well mix of demographics that vary from low to middle-class income that lives in the nearby densely populated residential neighborhoods and individuals that drive through the high traffic road that is next to this business. Gross sales of this liquor store in 2016 were $1,400,000/year, $1,500,000 in 2017, $1,700,000 in 2018, $1,900,000 in 2019, and projected to do well over $2,800,000 in 2020 that has shown a consistently growing trend in sales without any marketing involved. As already mentioned, around 10-15% of gross sales are growing every year and continue to this day despite under the pandemic. Although no marketing is currently involved in the operation, other forms of proactive marketing in the local area will serve to increase the overall sales of the business as well as acquire more loyal customers that will consistently come to this business. Competition can be expected for the industry this business is within, but the sales have consistently grown due to the fantastic price point of their products that are much better than the competition all around the local area and the rapport built between the business and locals. The owner of the business works full-time operating the front desk as a cashier and has yet to fully utilize all marketing options to increase the sales to over $2,800,000/year as well as various routes of potential growth opportunities that the new owner can take to grow the business. This liquor store is a great opportunity for any potential buyer that wishes to acquire a business that has a track record of fast-growing sales and high cash flow.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Texas
Metropolitan Area: Fort Worth
County: Tarrant

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT

Financial Information

Asking Price: $1,100,000
Gross Revenue: $2,852,733
Cash Flow: $401,423
FF&E: $75,000
Inventory: $500,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a large free-standing building that that is packed to the brim with alcoholic beverages of various kinds and is next to a high traffic road that is easily accessible.

Growth & expansion opportunities:

Huge potential for growth as the sales has been increasing by 6 digits each year without any type of marketing except word of mouth and fantastic price points on their products.

Competition:

Few competitors are within the immediate market area, but this liquor store has consistently growing sales volume and attractive price points for their products that bring individuals from throughout the city.

Reason for selling:

Other Opportunities

Support & Training:

The owner of the business will provide the necessary accommodations to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com