Established Liquor Store Generating Big City Margins

Graystone International is excited to exclusively offer the sale of this location of a rapidly expanding liquor store brand near Waco, Texas with real estate and inventory. The current owner has operated the store since its doors opened in December of 2018, and is currently seeking to sell this location to a motivated buyer to focus on the other two locations being developed in Waco. This location is the only liquor store in this rapidly growing city near Waco, with the closest competition nearly 20 miles away in any direction making this a prime location for continued growth and sales. The store has seen significant growth since its opening with a nearly 220% increase in revenue from 2019 to 2020 ($270,000 and $860,000, respectively), with Seller's Discretionary Earnings (SDE) of over $270,000 in 2020 and nearly $450,000 in sales year-to-date (YTD). This prohibition-style liquor store sits in a two-story, 12,500 square foot building on the corner of this downtown area owned by seller. The liquor store takes up approximately 2,500 square feet of the lower floor, leaving nearly 10,000 square feet of available space between the lower and upper floors to expand the liquor store footprint and services, or be leased for additional passive income. The real estate and inventory of the business is included as part of the total asking price. Location: McLennan County, Texas Year Established: 2018 Number of Employees: 2 Real Estate: Owned Building Sq. Ft.: 12,500 Market Outlook/ Competition: This location is the only liquor store within nearly 20 miles in any direction, making it a prime location and opportunity for growth and continued sales.