High-volume Beer & Wine Mart, 2023 Remodeled, Turnkey, Great Location!
Business Description
Don't miss this opportunity to own a high sales volume, turnkey, beautifully remodeled beer & wine mart. Store was remodeled in 2023 costing over $350k with new interior, new coolers, and walk-in cooler. Sales is growing y-o-y currently doing over $1.27M in 2024. Very consistent in sales each year. Store is 2600 SF of free-standing building with large parking lot. New lease available with up to 10-years term. Located on a high visibility corner on a major street. Lots of goodwill. Clean books & records. Sales is verifiable with NRS POS reports. You can operate this as Absentee or you can work to save payroll. Lots of opportunity to grow sales. Add liquor license! A school used to be located within 1000 feet preventing ABC Liquor license approval, but the school closed down about 1 year ago. Buyer must verify claims. Not guaranteed. May require CUP or variance, but adding liquor will significantly increase sales volume! Business still sells over $100k/month average with just beer & wine license. They currently do not use Grizzly, website sales, or app based delivery sales services. A nearby liquor store competitor just closed down due to owner's health reasons. All the customers are coming to this location!
About the Business
- Years in Operation
- 17
- Facilities & Assets
- The store was fully remodeled in 2023 costing over $350k. Owner added brand new coolers, new interior, new walk-in cooler, and more. The store is beautiful in a free-standing building with lots of parking.
- Market Outlook / Competition
- A nearby liquor store (a block away) just closed down because (I heard) the owner had health issues and may have passed away. Their customers are coming to this location because it is the closest store nearby. Subject Business is located on a major street with heavy traffic count daily. From Jan to July 2024, there was a major road construction with Water Works that was blocking visibility with passing cars that was interfering with sales, but after the construction was cleared, the sales shot up and increased significantly.
- Opportunities for Growth
- Sales and customer count is growing month-over-month without any marketing. Awesome location! Lots of Goodwill.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,600
- Rent
- $6,000.00 per month
About the Sale
- Seller Motivation
- Seller is leaving the country and retiring.
- Transition Support
- 2 weeks of training if needed. 4 hours per day. Additional training is negotiable.
- Financing Options
- SBA financing available with 35% to 50% down.
Listing Info
- ID
- 2338079
- Listing Views
- 3847
Listing ID: 2338079 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Retail Stores Businesses for SaleCalifornia Convenience Stores Businesses for Sale