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Details - Information last confirmed on September 10, 2020
A high volume liquor store with property in Fort Worth with fast-growing sales of over $2,800,000 in gross volume is available for acquisition. This business was originally established by the current owner of the business in 2007 over a decade ago. Most of the customers are a good mix of demographics that vary from low to middle-class income that lives in the nearby densely populated residential neighborhoods and individuals that drive through the high traffic road that is next to this business. Gross sales of this liquor store in 2016 were $1,400,000/year, $1,500,000 in 2017, $1,700,000 in 2018, $1,900,000 in 2019, and over $2,800,000 in 2020 that has shown a consistently growing trend in sales without any marketing involved. As already mentioned, around 10-15% of gross sales are organically growing every year and continue to this day despite the pandemic. The parking lot was recently redone and completely new as well as a new POS system installed in the business. Although no marketing is currently involved in the operation, other forms of proactive marketing in the local area will serve to increase the overall sales of the business as well as acquire more loyal customers that will consistently come to this business. Competition can be expected for the industry this business is within, but the sales have consistently grown due to the fantastic price point of their products that are much better than the competition all around the local area and the rapport built between the business and locals. The owner of the business works full-time operating the front desk as a cashier and has yet to fully utilize all marketing options to increase the sales to over $2,800,000/year as well as various routes of potential growth opportunities that the new owner can take to grow the business. This liquor store is a great opportunity for any potential buyer that wishes to acquire a business that has a track record of fast-growing sales and high cash flow.
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $600,000 (Not Included in listed price)
Real Estate: $1,100,000 (Included in listed price)
Financing: 100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2007
Facilities: This business is located in a large 5,836 SF free-standing building with 4,000 SF allocated to the liquor store that is packed to the brim with alcoholic beverages of various kinds and is next to a high traffic road that is easily accessible. The remaining 1,836 SF is allocated to a vacant area that can be used to expand the business or lease to a tenant.
Support/Training: The owner of the business will provide the necessary accommodations to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: Few competitors are within the immediate market area, but this liquor store has consistently growing sales volume and attractive price points for their products that bring individuals from throughout the city.
Growth And Expansion: Huge potential for growth as the sales has been increasing by 6 digits each year without any type of marketing except word of mouth and fantastic price points on their products.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.