Neighborhood Liquor Store with $1.3MM Consistent Sales

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Asking Price:
$300,000

Gross Revenue:
$1,395,153
Cash Flow:
$103,680
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Denver Metro Area Liquor Store for Sale

Over $100K a year going to owner/operator.

Established local neighborhood liquor store in the heart of the West Metro area for sale. This business has been successful for years and has an established customer base. Good profit margins, and consistent revenues over the years. Stable cash flow. The sale of the liquor store presents a terrific opportunity for an individual to step into an immediately successful operating business.

Extensive inventory and high visibility location makes this a win from day one. Inventory is dialed in to its customer base.

UPDATE: Through Q1 of 2019, with the changes to beer sales statewide, this store has seen beer sales down 7.95% however total sales are up 7.83% showing that although grocery stores are taking a portion of beer sales from the local liquor stores, sales remain consistent and are on the increase. It is also being reporting by the distributors that beer sales are down industry wide (including grocers) for the first quarter

About the Business

Location:
Lakewood, Colorado
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$7,672.00 Per Month
Lease Expiration:
4/30/2022
Facilities:
The long-time neighborhood store is located within an existing shopping center with a major retailer and high traffic. The store location has street visibility for existing and new customers. The store has good shelving systems as well as an ample refrigeration bank. And, it has good storage space for excess product as well.
Tenant has an additional 5 year extension option on the space.
Market Outlook/
Competition:
Only liquor store in the neighborhood shopping center. Captive audience.
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Listing Info

ID:
1598086
Ad Detail Views:
0

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Business Listed by

Dan Lucchesi and Ryan Devin

KW Commercial
License# 048479

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