Small Town Wine, Beer & Spirits Store

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Asking Price:
$55,000

Gross Revenue:
$379,249
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$25,000
included in asking price

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Business Description

Located roughly 1 hour east of Omaha’s border with Iowa, this small-town liquor store has earned some of the loyalist clientele in its 9 years of operating. Run as a second business for the owner, who is looking to retire, the store offers a unique combination of choice liquor, tobacco and beer and wine tastings. In addition to a popular and well-liked Facebook page, the store has a great location along the main artery in town.

Included in the purchase is $25,000 worth of equipment, which is comprised of coolers (walk-in, 2-door and 3-door), shelving and fixtures. Inventory has not been considered in the valuation, as the owners will officially tally the inventory on the closing day. A buyer will then be able to purchase the inventory in a separate transaction.

While the owner does open the store on weekdays, there are 3 part-time workers covering different shifts. A buyer looking to increase profits should consider running the business as an owner/operator. Growth also exists in offering more specials and tasting, as well as putting in a drive-thru down the line.

For $55,000, a buyer would be taking on an ideal small-town business with great growth potential. If you’re looking to become a small business owner, this is an excellent opportunity to get started.

About the Business

Year Established:
2008
Number of Employees:
3PT
Real Estate:
Leased
Building Sq. Ft.:
15,000
Lease Rate/Sq. Ft./Mo.:
$600.00
Facilities:
$600/mo for 1,500 sq. ft.
Growth & Expansion:
Offer more specials and tastings
The current owner does run specials on occasion, but to drive more traffic a buyer would do well to implement more regular product specials
The highway location is an ideal spot for signs and banners advertising specials and tastings
During the winter months, the store hosts beer and wine tasting twice per month, but having monthly tastings of different liquors would also increase sales
Advertise
Currently, very little advertising is done with the exception of a fairly active Facebook page
The part-time employees work to post on social media, but increasing these efforts are great tools for free advertising
Put in a drive-thru
The sellers have approached the landlord with this idea but have not taken active steps to construct a drive-thru
A buyer would appeal to customers seeking convenience by adding a drive-thru
Tobacco and lottery sales could also benefit by a drive-thru window
Add state lottery
No lottery options are available in the store at this time, but offering this to customers would be a good way to increase traffic
Run the store as an owner/operator
The owners are not actively operating the store, as one works full-time elsewhere and the other has a separate business
Increasing the owner’s hours would boost profits and sales
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About the Sale

Reason For Selling:
Retirement
Training/Support:
90 days transition if needed

Listing Info

ID:
1411823
Ad Detail Views:
1008

Attached Files Attachment Disclaimer

  Confidentiality Agreement (1 MB)
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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