Listing Number: 76931-562063
Description
Reduced price. Cash buyers only. Price based on $80k worth of inventory at cost. Inventory will be counted and adjusted at close based on actual.
This liquor store has been owner operated since 2009. Surrounded by a mix of industrial and residential properties, it has an established and loyal customer base. The store includes a side variety of inventory (valued at approx. $80,000), including spirits, wine and beer, is organized on custom-built shelving, and includes a huge well maintained walk in cooler. With ample parking, there are neighboring tenants that help drive additional traffic to the business, which has partnering potential with a little effort from a new owner.
With very low rent, the seller does zero advertising, so any attention to marketing is sure to increase revenue and help deliver a more robust profit.
2023 annualized revenue is approx. $235k, with $18k in SDE. The owner has closed for several weeks thru the year to take time off, so there has been lost revenue opportunity as a result. 2021 revenues were just under $270k. Seller is ready to officially retire and spend more time with her grandchildren.
Listing Details
- Price: $125,000
- Down Payment: $125,000
- Sellers Discretionary Earnings: $17,666
- Total Sales: $231,426
- Location: Harris County, Texas
- Inventory: $80,000
- FF&E: $25,000
- Employees: 0
- Year Established: 2009
- Reason for Selling: Retirement
- Category: Liquor Related Biz
Contact Agent:
- Quoc Pham, CBI, CM&AP
- Phone: (832) 758-7756
- Email: [email protected]