Liquor Store for Sale in Texas with Real Estate 001325
Liquor store for sale in Texas! Situated in northeast Dallas, the current owner quickly recognized the potential of opening a thriving liquor store business in the local area. This business has now been serving customers for nearly a decade, consistently delivering reliable sales and with plenty of room for growth. The spacious 4,000-square-foot retail space offers a wide selection of liquors, beers, wines, and other retail goods. Situated off a major roadway and surrounded by bustling retail centers, this location ensures high visibility and convenient access for daily commuters and local shoppers. With a steady stream of customers and minimal marketing efforts required, this store is poised for continued success.
Despite facing competition from larger corporate and local chain stores nearby, this liquor store maintains a strong foothold in the local market for key reasons. There is a high demand for liquor products in the area, and this store stands out by offering an extensive selection that includes specially curated whiskey/wine options rarely found elsewhere. A commitment to delivering speedy and high-quality service has also ensured customer satisfaction for nearly a decade, cementing this liquor store as a preferred destination for a large portion of locals seeking their liquor needs.
The customer base primarily consists of Caucasian individuals with mid to high-income who value the wide range of offerings, exceptional services, and convenience provided by this business. Additionally, the business is well-positioned to experience organic growth as the local area continues to flourish in terms of population and development. However, there are multiple avenues through which the business can amplify its revenue and unlock its true growth potential. One approach would be to target B2B accounts, such as restaurants, event venues, and catering businesses. Another option could be to increase prices on the most popular brands. Furthermore, exploring online pick-up options would enable the business to fully capitalize on its convenient location.
The business has experienced consistent growth over the years with minimal marketing efforts. Currently, marketing includes positive word-of-mouth, and third-party delivery services to attract new customers. Although the business does have a social media presence, it has not gained significant traction and could benefit from improvement. To enhance marketing efforts, implementing social media ads, creating an official website, and utilizing search engine optimization to strengthen its online presence would be valuable strategies. Additionally, offering customers promotional discounts and engaging in-store customers through tastings could prove invaluable in encouraging more return customers and attracting a broader customer base.
The current owner is actively engaged in the daily operations of the business, but if desired, involvement could be significantly reduced by hiring a general manager. This presents an excellent opportunity for a qualified buyer to enjoy owning an established business with a proven track record of consistent profits and substantial growth potential.
Planning for Retirement
The owner will provide the necessary training to transition into the business smoothly.
Nestled alongside a major roadway in Northeast Dallas, and encompassed by vibrant retail centers and upscale residential neighborhoods, this location offers visibility and accessibility for both daily commuters and local shoppers.
The facility itself is a freestanding building, offering a generous 4,000 sq ft of retail space. Every inch of this space has been thoughtfully utilized. Additionally, ample parking is available, ensuring ease of access. The facility is well-maintained and kept immaculately clean, and all the equipment is in excellent condition.
There are a few competitors nearby. These are larger competitors, but this business maintains its foothold in the local market by emphasizing speed, convenience, quality service, and specialty selection for specific liquor products.
The business is well-positioned to experience organic growth as the local area continues to flourish in terms of population and development. However, there are multiple avenues through which the business can amplify its revenue and unlock its true growth potential. One approach would be to target B2B accounts, such as restaurants, event venues, and catering businesses. Another option could be to increase prices on the most popular brands. Furthermore, exploring online pick-up options would enable the business to fully capitalize on its convenient location.
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.