Liquor Store In Popular NW Houston Shopping Center For Sale

Business description

This liquor store is located in a well established northwest residential area next to a Kroger Signature Store. The store has been serving the local customers for 22 years. The present owner has owned the store for 12 years. There are no major liquor stores within a three mile radius. The product sales mix is 60% liquor, 20% wine, 15% beer and 5% other. Because of the high volume of liquor sales the store is profitable. Cash sales make up 75% of the total sales. Most of the new customers are walk-ins and referrals. The inside appearance of the store is clean and bright. All equipment is in working condition. Price includes $100,000 of inventory.

Seller's Discretionary Earnings: $52,500 Proforma

Property information

Real Estate:

Lease

Location:

1600SF facility in shopping center

Other information

Expansion potential:

Increase local advertsing, Install ATM machine, Offer Check Cashing, Offer a larger varity of wine, Develop website for the business to attract new customers.

Reasons for selling:

Other business interests

Trading hours:

6 days, Mon - Sat 10AM - 9PM

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)

Related documents:

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• Business Profile