Market for sale at a good price
Business Description
Established Liquor Store with Eastern European Market Focus
This well-positioned liquor store in San Mateo, California presents an excellent opportunity for an entrepreneur looking to enter the retail beverage industry. Operating since 2021 with annual revenue of $360,000, the business has built a strong foundation serving the local community with particular strength in the Eastern European market segment.
Business Overview:
The store benefits from a prime location with reasonable rent in a busy commercial area surrounded by complementary retail establishments. The business has cultivated a loyal customer base, particularly among Russian-speaking residents, with the nearest competing Russian market located in Palo Alto, providing significant competitive advantage in the immediate trade area.
Financial Performance:
Annual revenue: $360,000
Current inventory value: $45,000
Asking price: $155,000
Key Strengths:
• Established customer base with strong Eastern European community ties
• Strategic location with limited direct competition for specialty products
• Reasonable rent structure supporting healthy margins
• High-traffic area with excellent visibility and foot traffic
• Proximity to complementary businesses driving cross-shopping opportunities
Growth Potential:
The current owner identifies significant expansion opportunities within the Eastern European product segment. With limited vendor relationships currently utilized, there is substantial room for product line expansion and revenue growth through strategic sourcing and inventory diversification.
Owner Transition:
The seller is motivated due to personal circumstances and career commitments, creating an opportunity for a dedicated owner-operator to realize the business's full potential.
Financing: Cash or certified funds required
This turnkey operation offers immediate cash flow with strong upside potential for the right buyer willing to expand vendor relationships and grow the specialty market focus.
This well-positioned liquor store in San Mateo, California presents an excellent opportunity for an entrepreneur looking to enter the retail beverage industry. Operating since 2021 with annual revenue of $360,000, the business has built a strong foundation serving the local community with particular strength in the Eastern European market segment.
Business Overview:
The store benefits from a prime location with reasonable rent in a busy commercial area surrounded by complementary retail establishments. The business has cultivated a loyal customer base, particularly among Russian-speaking residents, with the nearest competing Russian market located in Palo Alto, providing significant competitive advantage in the immediate trade area.
Financial Performance:
Annual revenue: $360,000
Current inventory value: $45,000
Asking price: $155,000
Key Strengths:
• Established customer base with strong Eastern European community ties
• Strategic location with limited direct competition for specialty products
• Reasonable rent structure supporting healthy margins
• High-traffic area with excellent visibility and foot traffic
• Proximity to complementary businesses driving cross-shopping opportunities
Growth Potential:
The current owner identifies significant expansion opportunities within the Eastern European product segment. With limited vendor relationships currently utilized, there is substantial room for product line expansion and revenue growth through strategic sourcing and inventory diversification.
Owner Transition:
The seller is motivated due to personal circumstances and career commitments, creating an opportunity for a dedicated owner-operator to realize the business's full potential.
Financing: Cash or certified funds required
This turnkey operation offers immediate cash flow with strong upside potential for the right buyer willing to expand vendor relationships and grow the specialty market focus.
About the Business
- Years in Operation
- 5
- Market Outlook / Competition
- Currently no Russian market in the area also great location for a liquor store
- Opportunities for Growth
- My late husband did all the buying of product and I am only able to order from a few vendors. But the Eastern European market is good possibility to grow the business.
About the Sale
- Seller Motivation
- I have another job plus my husband passed and I can’t do the job alone
- Financing Options
- Check or cash
Listing Info
- ID
- 2512203
- Listing Views
Business Location
Listing ID: 2512203 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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