Details - Information last confirmed on February 4, 2021
High-End Liquor Store
Investment Level: $ 825,000 (Plus inventory of 275,000)
Type of sale: Asset
This opportunity is available to Canadian Residents only.
Opportunity to purchase a well-run and established Liquor Boutique in an Alberta progressive town. Our client has spent considerable time and money over the last 8 years to increase clientele, retail sales, and profits.
For the buyer who is searching for an easy turn-key business to learn and operate this business provides an excellent return on investment.
Add in the excellent location, the owner's 25-hour work schedule, extensive leasehold improvements and consistent growth in sales, buyers would be hard.
pressed to find a Liquor Store of this quality and value anywhere in Alberta.Simply put this business scores 5 out of 5 in all areas important to buyers
Our client is willing to work and share lessons with the new owners to ensure many more successful years to come.
Business at a glance
Monthly lease costs: $ 4891.25
Common area costs: $1075
Time remaining on the lease: 13years
Gross sales: 2018 726,949 2019 1,115,102 2020 1,785,606 2021 On track for 1,850,000
Normalized Net Income: 2018 $45,000 2019 $103,000 2020 233,000 2021 On track for 247,000 ...
Owner operator can add an additional 70,000 in Salary if operating the business themselves and with 2 part time staff.
Hours of operation:Sunday to Wednesday 10 am –11 pm Thursday 9 am-11 pm Friday & Saturday 9 am-12 pm
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.