Package Liquor Store with Distribution _ 1892639

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$299,000
Revenue
$537,000
Business Description

Budget Business Brokers: This is a well established liquor store located in NW Houston within Harris County. The current owners have owned this store since 2016 and have built an excellent reputation based on customer service. The store is located off a very busy street within a shopping center, surrounded by a high population density to draw upon. The center is clean, safe and well kept. The facility is larger than most independent liquor stores lending to a friendly customer shopping experience. As mentioned, the owners have built the business on customer service but have established a strong reputation within the city for their single barrel selections. The barrel program drives higher sales at a decent profit margin. Sales for last year were $537K versus $244K in the first year of operation (2016). The liquor business is truly recession proof as 2020 sales were higher than 2019, despite the pandemic. The business has just started focusing on the distribution sales in addition to in retail store package sales. These efforts were very successful and started bearing fruit. This is reflected in the distribution sales increasing tripling in the last few months in comparison to prior years. Location: Houston, Texas Year Established: 2016 Number of Employees: 1 Real Estate: Leased Building Sq. Ft.: 2,550 Rent: $3,600.00 Per Month Lease Expiration: 6/30/2025 Facilities: Shopping Center Market Outlook/ Competition: - Located clean, safe and well kept shopping center - Located off a very busy street. - Larger than a typical independent liquor stores. - Surrounded by a high population density to draw upon. - Known in the community for its friendly customer shopping experience. - High google reviews rating. Growth & Expansion: Phenomenal potential for the distribution part of the business which has just started producing very encouraging results.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 hours ago

Views: 8

Favorites: 0