Neighborhood Liquor Store & Home next to it for $450'000
Business Description
Established neighborhood liquor store with residential property offering exceptional investment opportunity in Granite City, Jefferson County. This turnkey operation generates $60,000 in monthly sales while operating 12 hours daily, six days per week under an absentee ownership structure.
The comprehensive package includes land, building, complete fixtures, and operational assets. A Godfather's Pizza franchise operates within the premises, complemented by a newly installed beer cave system. Current monthly payroll expenses total $6,000, presenting significant cost reduction potential for owner-operators.
Revenue diversification includes multiple income streams beyond core liquor retail operations. The annual lottery commission generates $7,000 yearly, while ATM services contribute an additional $10,000 annually. The strategic location serves a dense residential population of approximately 500 residents within a one-mile radius.
The business model demonstrates consistent performance under absentee management, indicating strong operational systems and established customer loyalty. The inclusion of both retail and food service components provides revenue stability across multiple market segments.
This opportunity suits investors seeking immediate cash flow with expansion potential through increased owner involvement. The established customer base, proven revenue history, and comprehensive asset package create a foundation for sustained profitability and growth.
The asking price of $450,000 represents a complete business acquisition, including real estate, operational assets, franchise rights, and established revenue streams. The combination of retail liquor sales, food service, and ancillary income sources positions this investment for continued market success.
The comprehensive package includes land, building, complete fixtures, and operational assets. A Godfather's Pizza franchise operates within the premises, complemented by a newly installed beer cave system. Current monthly payroll expenses total $6,000, presenting significant cost reduction potential for owner-operators.
Revenue diversification includes multiple income streams beyond core liquor retail operations. The annual lottery commission generates $7,000 yearly, while ATM services contribute an additional $10,000 annually. The strategic location serves a dense residential population of approximately 500 residents within a one-mile radius.
The business model demonstrates consistent performance under absentee management, indicating strong operational systems and established customer loyalty. The inclusion of both retail and food service components provides revenue stability across multiple market segments.
This opportunity suits investors seeking immediate cash flow with expansion potential through increased owner involvement. The established customer base, proven revenue history, and comprehensive asset package create a foundation for sustained profitability and growth.
The asking price of $450,000 represents a complete business acquisition, including real estate, operational assets, franchise rights, and established revenue streams. The combination of retail liquor sales, food service, and ancillary income sources positions this investment for continued market success.
About the Business
- Years in Operation
- 13
- Number of Employees
- 2
- Facilities & Assets
- All fixtures and Pizza equipment and franchise
- Market Outlook / Competition
- No Competition, this is hidden from the giant stores in the heart of the neighbourhood.
- Opportunities for Growth
- The new owner can add a grocery store for neighbours as their requirements.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,762
About the Sale
- Seller Motivation
- Moved to other state in other profession
- Transition Support
- 2 weeks of free training by existing employees
- Financing Options
- $150'000 Down rest in 5 years payment
Listing Info
- ID
- 2410588
- Listing Views
- 27
Listing ID: 2410588 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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