
High Volume Liquor Store on track for $2.8 Million in Gross Sales 001027
High Volume Liquor Store on track for $2.8 Million in Gross Sales 001027

Price: $1,100,000
Location: Tarrant County, Texas
Industry: Retail/Liquor Stores
Listing ID: 001027
DESCRIPTION
A high volume liquor store in Fort Worth with fast-growing sales of over $1,700,000 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 is a well 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 projected to do well 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 growing every year and continue to this day despite under the pandemic. 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.
LISTING DETAILS
Down Payment: $300,000
Total Sales: $2,852,733
Cash Flow: $401,423
Inventory: $500,000 (Not Included in listed price)
FFE: $75,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other Opportunities
Training & Support:
The owner of the business will provide the necessary accommodations to smoothly transition into the business operation.
OPERATION
Year Established: 2007
Employees: 1FT
Absentee Owner: No
LOCATION
Square Footage: 4,000 SF
Facilities Information:
This business is located in a large free-standing building that that is packed to the brim with alcoholic beverages of various kinds and is next to a high traffic road that is easily accessible.
SUMMARY
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.
Potential Growth:
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.
Financing/Terms:
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER
© Copyright 2020 V-AID Group, Inc.