Hot Listing

Established liquor store - Forsyth County (BACK ON MARKET)

Asking Price$1,200,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$550,000
Not included in asking price
FF&E$50,000
Included in asking price
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Hot Listing

Established liquor store - Forsyth County (BACK ON MARKET)


Asking Price$1,200,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$550,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
SELLER NOT OFFERING ANY BROKER COMMISSION!!
Well established (+20 years) liquor store located at major intersection in fabulous Forsyth County. This hidden gem is ready for a new owner due to family relocation. Averaging $2.2m annual revenue (net of sales tax) the last two years, this store is a workhorse. Reasonable lease with 5 years remaining and yet still manageable with minimal staff. Loyalty program for allocated bourbons in place with almost 500 members. Accountant owner maintained impeccable records/documentation. Point of Sale system with remote access in place. Remote access cameras for security and live monitoring of business from anywhere. Currently 4 employees (1 manager, 1 full time, 2 part time).
About the Business
Years in Operation
20
Number of Employees
4
Facilities & Assets
Leased property (building not for sale as far as known). Sale includes all inventory, coolers, shelving/furniture, computer/security equipment, and decorative signage.
Market Outlook / Competition
Sales have more than doubled since COVID. Area is growing with new construction neighborhoods everywhere. Nearest competition is 2 miles away.
Opportunities for Growth
Currently not selling lottery or offering ATM. Only delivering via DoorDash; lots of opportunity to add additional delivery apps or establish own ecommerce platform.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,900
Rent
$8,000.00 per month
Lease Expiration
3/31/2030
About the Sale
Seller Motivation
Family obligations
Transition Support
Two weeks in person, two additional weeks remote
Listing Info
ID
2319093
Listing Views
4231

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Business Listed by: Lindsey Moshell

Listing ID: 2319093 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.