Award Winning Liquor Store with Property Available in Southeast Texas!

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Profitable location in the general Bryan/College Station area! Repriced to sell!
Asking Price:
$549,000

Gross Revenue:
$829,861
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$74,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$234,000
included in asking price

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Business Description

This award winning retail business is located in Southeast Texas and primarily operates in the Liquor Stores business / industry within the Miscellaneous Retail sector. The business model involves the retail sale of liquor, beer, wine, and tobacco products. It also entails ATM machines, lottery tickets, and basket styled gifts designed for all occasions. The business is located right off of the main highway in town, providing customers with easy access to this neighborhood store, which is the largest liquor package store in town. In fact, this store is pretty much the only high-tier liquor package store in the county and has been for over 37 years now.

Per the seller's end-of-year estimates, the year 2018 will show an 11% increase in annual revenue over 2017, most likely due to the new ATM machine that's been installed and also the lottery ticket business. In addition, the railroad is building the largest switch yard in the US just outside of town. The business now sees new customers every day, and maybe the new switch yard is a reason for this, along with the new ATM machine and lottery ticket business. The seller now estimates that the business generated over $800,000 in annual revenue for 2018, and he projects that it will generate over $900,000 in annual revenue during 2019.

NOTICE:
* Gross Revenue shown is the seller's end-of-year best estimate for 2018.
* Gross Revenue and Inventory shown are approximate as stated by the seller.
* All information, data, financials, valuations, appraisals, real estate values, etc. must be verified by both the seller's and buyer’s own professional advisors.
* Potential buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.
* Non-Disclosure Agreement (NDA) is required. The seller’s financial data is confidential and will only be disclosed to qualified buyers with a signed NDA in place. Please contact us for the required NDA form to sign.

About the Business

Year Established:
1981
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
2,400
Facilities:
The lot the store is located on is 0.66 acres and the building size is 2400 square feet. The building makes use of trusses so interior walls can easily be moved. Full non-public bathroom with a shower in it. Building overall is in great shape and was just repainted in 2017.

The building has numerous security cameras; there are 5 cameras located outside and 11 cameras located inside. It also has a DVR recording all activities. The building also has roll up shutters to stop break ins. The POS in use has Rocket software. Scan sales, reports, and of course many other features. Inventory control is the most useful.

The building has a 10 door walk in cooler. The building's ice machine has an outside compressor, which serves to cut down on the inside heat. In the "utility room" there is a 3 compartment sink in case owner wants to sell something like hot links or hot dogs.
Other equipment includes 2 slush machines (i.e., it sells a lot of slushies), an inside ice merchandiser, an ice dispenser, and a reach-in-freezer for frozen drinks.

The building has numerous security cameras; there are 5 cameras located outside and 11 cameras located inside. It also has a DVR recording all activities. The building also has roll up shutters to stop break ins. The POS in use has Rocket software. Scan sales, reports, and of course many other features. Inventory control is the most useful.
Website:
www.tworld.com/locations/collegestation/
Market Outlook/
Competition:
This locally owned and operated liquor package store has been in business for approximately 37 years. It is pretty much the only high-tier liquor package store in town and should stay that way due to its developed economies of scale and also due to entry barriers to potential competitors in the high-tier sector.
Growth & Expansion:
The business is located right off of the main highway in town. As a result, its customers have easy access to this neighborhood store, which is the largest liquor package store in town. Business does have the lottery, which brings in customers for other purchases. This also keeps customers from making two stops or even going somewhere else. The business's newest addition is a "through the wall" ATM. This really is bringing in a whole new crowd. It is accessible 24 hours a day. Top of the line GenMega 5000.
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About the Sale

Reason For Selling:
Owner wants to sell this profitable business in order to pursue retirement.
Training/Support:
Seller will provide for several weeks of training and knowledge transfer to the buyer once a purchase has been completed.
Seller Financing:
Cash deal!

Listing Info

ID:
1505963
Ad Detail Views:
2257

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Business Listed by

Larry Fry, MBA

Transworld Business Advisors at Bryan/College Station

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