SOLD – High Volume Liquor Store with Property
A high-volume liquor store with property in Fort Worth with fast-growing sales of over $2,800,000 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 are a good 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 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 organically growing every year and continue to this day despite the pandemic. The parking lot was recently redone and completely new as well as a new POS system was installed in the business. 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.