Liquor Store with Real Estate in Western Iowa

Asking Price$1,550,000

Cash Flow
$240,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

Inventory$225,000
Not included in asking price
FF&E$245,000
Included in asking price
Real Estate$800,000
Not included in asking price
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Liquor Store with Real Estate in Western Iowa


Asking Price$1,550,000

Cash Flow
$240,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

Inventory$225,000
Not included in asking price
FF&E$245,000
Included in asking price
Real Estate$800,000
Not included in asking price
Business Description
Type of Business: Established 20 years ago, this family-owned and busy off-sale liquor and Real Estate is located in Western Iowa. Great owner/operator opportunity.

Facility: The seller owns this stand-alone building, with drive-through window, and is located on a busy street near shopping, busy restaurants and bars, and a diverse clientele base. Easy access, plenty of parking and previously city-approved ability to expand the facility. The building was completely rebuilt to suit 10 years ago.

Growth & Expansion to Increase Sales and Revenue include:
- Add lottery ticket sales.
- Add vape products and expand tobacco products including cigars.
- Add food items, possibly consider c-store/grocery store items.
- Add fountain soda machines.
- Enhance inventory categories such as low/no alcohol items (“mindful drinking”) section.
- Add cocktails/carry out (per State law/licensing).
- Build out a merchandise section with store name (t-shirts, sweatshirts, hats, etc.).
- Create online platform for ordering/delivery.
- Add a Loyalty Program.
- Increase marketing efforts.
- Build out social media presence and create unique marketing opportunities.
About the Business
Years in Operation
20
Facilities & Assets
The seller owns this stand-alone building, with drive-through window, and is located on a busy street near shopping, busy restaurants and bars, and a diverse clientele base. Easy access, plenty of parking and previously city-approved ability to expand the facility. The building was completely rebuilt to suit 10 years ago
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Transition Support
Seller will train new Owner
Listing Info
ID
2440091
Listing Views
12

Contact Seller

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Business Listed by: Mac Thelen Opportunities In Business

Listing ID: 2440091 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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