Office ID: #000817
High volume liquor store with fast growing sales of over a $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 live 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 was $1,400,000/year, $1,500,000 in 2017 and $1,700,000 in 2018 that has shown a consistent growing trend in sales without any marketing involved. 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 has consistently grown due to the fantastic price point of their products that is 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 $2,000,000/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.
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.
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.
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.
The owner of the business will provide the necessary accommodations to smoothly transition into the business operation.