Gross Revenue: $513,000
* not included in asking price.
Dream Liquor Store-Cash Cow!!!
This is a great community friendly liquor store. It has served the community for 18 wonderful years from this original storefront location. It has a superb location in a very heavy commuter traffic area as well as being near major draw businesses such as gas stations, drug stores, and more. The area is going through a major revitalization, including new development and road repairs. It is also a stone’s throw from a newly developed luxury condominium project, and a variety of apartments, and housing. While in a major area, it is a quaint section that has a great community feel and appeal.
The store has a pleasing, clean look that customers appreciate. They carry a nicely diverse selection all types of alcoholic beverages. There are specialty liquors, flavored brandies, vodkas, rums, fine wine, and more. They not only carry the brand names but also have nice selection of Texas Craft Beers and Texas Liquors. This is a magnificent one stop store. They not only carry the full gamut of liquors, beer, wine, etc., but also have items such as Lotto tickets, an ATM machine, sodas, snacks, cigarettes, vapor, and more. It has an alarm system with inside and outside cameras and monitors, as well as a brand new P.O.S. system. The Coolers, shelving, display areas are all here and look GOOD!!!! This is the Liquor Store you have dreamed of. It has Great income, solid business and growth, AND LOCATION ~ LOCATION ~ LOCATION! This is an Unbelievable Opportunity. Take charge of your future, Get full information on this NOW before it is gone!!!!
Inventory: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: This is a very nicely designed space for this store. It has approx. 2,030 sq. ft. This includes a manager’s living unit, which is rented out for $735/mo. The rent on the whole space is $2065/mo; so the store's rent is $1330/mo. The lease is good till Oct. 2015, and there is a 3-year option.
Competition: There is one very small store a few blocks away that does not disturb this one at all, and one that is a mile or so away and the customer base does not mix
Growth & Expansion: The business experienced a 38% sales increase over last year, and could have much more w/ some social media, web site, local promotions, etc. The store could open one hour earlier during weekdays. Could convert manager's unit to 1000sf more store space, and offer Check Cashing, Western Union, or other services such as Delivery.
Support & Training: The owner will provide 2 weeks of free on-site training as well as up to 3 months of free phone consultation on an as needed basis
Reason for Selling: Other Business Ventures
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