This business is a liquor store established in the early 2000's. Located in a high-traffic and busy location this business has a track record of profitability along with a strong reputation.
The current owner took over this business in early 2020 and are selling as they are looking to move out of province. The business offers a wide selection of products coupled with strong customer service. Since taking over they have increased gross margin, as well, sales have increased from 2020 to 2021 by over 25%. New compressors for coolers have been installed, and marketing efforts have been increased which has led to growth.
This is an amazing opportunity for someone with a background in the liquor or retail industry to take over their own liquor store or for a current liquor store owner who is looking to expand. A new owner will greatly benefit from the strong reputation, great location, and financial performance.
WHY THIS BUSINESS:
• Fantastic location
• Popular name with established reputation
• Profitable liquor store with strong margins
• Strong online and social media presence
• Great google reviews
*NOTE: Purchase price does not include inventory, which is additional and will be sold at cost. The inventory values stated here are approximate and are subject to change
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.