Three-Location Liquor Store Portfolio — Houston Area | Asking $599,000 (Plus Inventory)
This is a rare opportunity to acquire a portfolio of three operating liquor stores in the greater Houston area, sold together as a package. Combined, the locations generate approximately $550,000 in annual gross revenue with $37,000 in FF&E included in the asking price.
Each location holds its own TABC license, has an established customer base, and comes with landlord-approved lease transferability to a qualified buyer.
Location 1 is the flagship store with the highest sales volume and a recently renewed lease with 4.5 years remaining. Location 2 is the standout performer — exceptional flat rent with no NNN, strong year-over-year sales growth, and significant upside already being realized following renovations and a new exterior sign. Location 3 is an early-stage location acquired in mid-2025 with abbreviated payroll and strong growth potential as it continues to ramp.
Total inventory at cost as of March 31, 2026 is $346,577 and is not included in the asking price — inventory will be purchased separately at closing. FF&E across all three locations is $37,000 and transfers with the sale.
Expansion Opportunity
This portfolio is well-positioned for a growth-minded buyer looking to scale. Several immediate opportunities exist without requiring significant capital investment.
Extended Hours. Location 3 currently operates on abbreviated hours, which is reflected in its lower payroll and sales volume. A buyer willing to extend operating hours at this location has a straightforward path to increasing revenue with minimal additional overhead.
Inventory Optimization. Location 2 demonstrated what additional inventory investment can do — sales grew from $130,000 to $190,000 in roughly one year following increased stocking and modest renovations. The same playbook could be applied at Location 3 as it continues to ramp.
Location 3 Lease Renewal. With a 3- or 5-year renewal option coming up in September 2026, a new buyer has the opportunity to lock in their occupancy on favorable terms early, providing long-term stability and increasing the location's asset value.
Fourth Location. A buyer who builds operational systems across these three stores — management, inventory, staffing — is in a natural position to add a fourth location. The TABC licensing process, vendor relationships, and operational infrastructure are already in place and largely transferable.
E-commerce & Delivery. Texas law permits licensed retailers to participate in third-party alcohol delivery platforms. None of the current locations appear to be leveraging this channel, representing an untapped revenue stream with low barrier to entry.
Next Steps:
Seller is motivated and will work with a qualified buyer on transition. NDA required prior to release of full financials and location details.