Neighborhood Liquor Store - Great First Business

Listing Number: 76931-562063

Description

Reduced price. Cash buyers only. Price based on $50k worth of inventory at cost. Inventory will be counted and adjusted at close based on actual. (if it is higher, will add to price, if lower will reduce price)

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. $50,000), 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 revenue was $245,331. 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: $95,000
• Down Payment: $95,000
• Sellers Discretionary Earnings: $7,984
• Total Sales: $245,321
• Location: Harris County, Texas


• Inventory: $50,000
• FF&E: $25,000
• Employees: 0
• Year Established: 2009
• Reason for Selling: Retirement
• Category: Liquor Related Biz