Profitable High End Liquor Store with Real Estate and Inventory

Ads Details

Location
Texas City, Texas
Price
$1,250,000
Posted On
2 months ago
Phone Number
817 504 2592

Additional Details

Ad ID
46032
Ad Views
32

Description

Profitable High End Liquor Store with Real Estate and Inventory

Business Description

This company, based in a growing suburb of Fort Worth, Texas, is more than just a liquor store. This company sets itself apart from the competition by providing its customers with an extensive product selection, top-rated customer service, and a pleasant, no hassle shopping experience.

Turn-Key - Price includes Business and Inventory (estimated value $550,000)

Revenue Security & Growth Opportunities

The company’s revenues are derived from a diversified revenue stream including liquor, wine, beer, soda, cigarettes and light groceries. The current owner has operated the store since its founding in December of 2016. The store has grown steadily year-over-year with 2020 Gross Profit exceeding the prior year by over 40%.  The drive-thru has not been utilized since its opening and provides a strong growth opportunity for the new business owner. Applying for additional specialty licenses enabling product tastings events, delivery and direct sales to restaurants may provide additional growth opportunities, as well.  High margin liquor sales account for an excess of 65% of sales.

Real Estate - (available in separate sale)

The store sits on 1.58 acres of land with three entrances and over 35 parking spaces. Total square footage of the building is 7,695 with the liquor store accounting for approximately 4,755 and the drive-thru with 2,940. Both the store and the drive-thru boast large walk-in coolers and upgraded customer restrooms.

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46032

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