Neighborhood Liquor Store - Great First Business

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