Liquor Store With Large Wine Business For Sale

Business description

Prior to the dismantling of the shopping plaza, sales in this store were in the $600,000 range. Within a 3-5 year period this store could generate sales in the $750,000 to $1,000,000 range due to the anchors in the plaza and plans to develop the area further. Product breakdown is: Wine 40-45%; liquor 35-40%; beer approximately 20%. Since the store does heavy wine volume, the gross profit margin should be at a minimum of 24%. The owner does not encourage beer sales and does not devote that much space to beer inventory. There are no lottery or cigarette sales in the store.

Property information

Real Estate:

Lease

Lease terms:

The store is 2138 S.F. and is approximately 85’ x 25’. The store was reopened a few years ago in a totally reconstructed shopping plaza. The plaza is anchored by two large anchor stores.

Business Operation

Expansion potential:

Add lottery services. Sell cigarettes.

Other information

Support & training:

Owner will advise.

Inventory / Stock value:

$110,000