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The Wall Street Journal Online

South Tulsa Wine & Spirits

Tulsa, Oklahoma (Tulsa County)

Photo Available
Asking Price:
$179,000
Gross Income:
$787,793
Cash Flow:
$21,389
FF&E:
$75.00 *
Inventory:
$95,000.00 *
Real Estate:
N/A
Year Established:
2009
Employees:
4
Business Types:
Liquor Stores
Miscellaneous Retail

* included in the asking price

Business Description

Opening a liquor store in South Tulsa's competitive market is quite a challenge during an economic downturn. Grossing just under $1,000,000 during your first year is a pretty remarkable accomplishment as well. Located in a high traffic shopping center with excellent neighborhood demographics, this established store is poised for more growth and expansion. The business is well equipped with the latest technology along with custom decor and upgrades. Large offices with private entrance could support an existing business operation. Partnership problems are forcing the sale of this unique retail operation.

Detailed Information

Facilities:
High traffic shopping center location in South Tulsa, well equipped custom decor with the latest advanced technology, with ample room for growth and expansion. A large selection of wine has helped drive sales and repeat business.
Competition:
Competition is mature and well established in the market area of the store.
Growth/Expansion:
Opportunities for growth could come from more aggressive marketing and wine tastings. Access to more operating capital would improve buying power. Large back offices could support another business.
Support/Training:
Up to 2 weeks as needed.
Reason Selling:
Partnership issues force sale
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Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Michael Chapman
Business Transitions, LLC

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Sponsoring Broker

Michael Chapman

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