Liquor Store for Sale in Texas With High Volume 001275
Price: $1,150,000
Location: Collin County, Texas
Industry: Retail/Liquor Stores
Listing ID: 001275
This is a great opportunity to acquire a well-established and successful liquor store in an excellent location. This business, located in north Dallas, has been operating for over 30 years and continues to deliver reliable sales with strong growth potential since being acquired by the current owner 15 years ago. The 4,201 sf of retail space offers customers a large selection of liquors, beers, wines, cigars, and cigarettes. The facility features a humidor room, wine cellar, and walk-in coolers to store products at optimal temperatures, all in excellent condition. With its prime position off a busy highway and major road nearby, and a bustling retail center full of prominent national and global retailers, this location facilitates high visibility from daily commuters and nearby shoppers. The store benefits from significant foot traffic without requiring any marketing efforts.
There is some competition in the market area from smaller mom-and-pop shops that are outshined by this business for several reasons. Not only does this shop have a prime location, with a wider selection than other shops, but it also maintains a cost advantage in line with economies of scale, allowing it to efficiently sell products at a lower price point than the competition.
The customer base is composed mostly of Caucasian mid to high-income individuals as well as some wholesale B2B customers who appreciate its wide selection and competitive prices. This business is well positioned for additional growth since there are many untapped B2B customers this business could acquire. Furthermore, this business could easily benefit from a more involved owner as the current owner stays semi-absentee and only fills in for staff when necessary.
This store carries significantly more inventory than most liquor stores due to the high sales volume. Sales have steadily increased since its inception and currently average $200,000. A potential buyer can enjoy owning an established business with years of consistent profits. Don’t miss out on this liquor store for sale in Texas; contact us today!
Down Payment: $230,000
Total Sales: $2,211,113
Cash Flow: $336,955
Inventory: $350,000 (Not Included in listed price)
FFE: $50,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Retirement
Training & Support:
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Year Established: 1993
Employees: 2FT/2PT
Absentee Owner: No
Square Footage: 4,201 SF
Facilities Information:
Strategically placed on the endcap of a prominent retail space just off a busy highway and major roadway, it offers excellent visibility and ease of access. The 4,201 SF space provides plenty of room for customers and a wide selection of inventory while impeccable equipment and fixtures ensure smooth operations. This store features a humidor room to keep cigars fresh, a wine room to carefully store wine at optimal temperature, and walk-in coolers to store cool beverages ready for customers to enjoy. This liquor store benefits massively from its prime location with no marketing efforts required.
Competition:
Some competitors are within the immediate market area, mostly smaller mom-and-pop shops. Still, the loyal customer base has already been established over the last three decades, the location is superior, and all products' prices are extremely competitive if not lower.
Potential Growth:
Huge growth potential with untapped wholesale B2B customers. Also, marketing efforts are non-existent but this business would benefit from proactive online and offline marketing efforts to increase sales.
Financing/Terms:
100% Cash at Closing or SBA Financing financing with 20% cash down.
