For Sale by Owner Well-Established Liquor Store in Tulsa OK
Business Description
For sale is a well-established and profitable liquor store in Tulsa, OK. Store was purchased by current owner in 1988. The owner is ready for retirement after 38 years managing and running the store. This is a great opportunity to own a turnkey business with a loyal customer base in a high traffic area. The store is well stocked with a wide selection of product. Currently staffed with three employees plus owner. Profitable store with year over year documented growth and owner will provide reports to interested party once NDA is secured. Strong sales margins of 26%. This store implemented computerized inventory management in 1999; with excellent books and historic records.
A new lease will be negotiated directly between the buyer and landlord prior to closing. Oklahoma liquor laws require the buyer to secure their own lease as part of the licensing process.
Keep in mind the Oklahoma ABLE Commission is the regulatory agency that oversea all aspects of the liquor industry in Oklahoma. Per ABLE regulations and to be qualitied to obtain a liquor business license, interested parties must be a U.S. Citizen, with a 5-year resident of Oklahoma, and no felony convictions. In addition, liquor store ownership in Oklahoma must be a Sole Proprietorship or Partnership. No LLC allowed.
Please be advised, serious interested parties ONLY. Please fill out contact form and interested parties will need to sign an NDA. Post NDA all pertinent business information will be provide upon request to include name/location of store, owner contact information, financials (P&L + Balance sheet), tax returns, and POS/sales report. Buyer must provide own financing. Current owner will not provide seller carry.
A new lease will be negotiated directly between the buyer and landlord prior to closing. Oklahoma liquor laws require the buyer to secure their own lease as part of the licensing process.
Keep in mind the Oklahoma ABLE Commission is the regulatory agency that oversea all aspects of the liquor industry in Oklahoma. Per ABLE regulations and to be qualitied to obtain a liquor business license, interested parties must be a U.S. Citizen, with a 5-year resident of Oklahoma, and no felony convictions. In addition, liquor store ownership in Oklahoma must be a Sole Proprietorship or Partnership. No LLC allowed.
Please be advised, serious interested parties ONLY. Please fill out contact form and interested parties will need to sign an NDA. Post NDA all pertinent business information will be provide upon request to include name/location of store, owner contact information, financials (P&L + Balance sheet), tax returns, and POS/sales report. Buyer must provide own financing. Current owner will not provide seller carry.
About the Business
- Years in Operation
- 38
- Employees
- 3 (1 Full-time, 2 Part-time)
- Facilities & Assets
- Attractive Liquor Store, Excellent Signage, Visibility and Parking.
- Market Outlook / Competition
- Typical for the area
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $1,669 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will provide transitional support to include training on ordering, daily operation, distributor relations, ordering schedule, bookwork and inventory management.
Listing Info
- ID
- 2550506
- Listing Views
Listing ID: 2550506 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.
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