Distinguished Liquor Store
Denver, CO
| Asking Price: | $1,750,000 |
| Inventory: | $350,000 |
| FF&E: | $120,000 |
| Gross Revenue: | $3,700,000 |
| Rent: | $19,000/Month |
| Established Year: | 1994 |
Listing ID: 2292922Listing provided by BizBuySell
BUSINESS DESCRIPTION
This business is located in the center of downtown without anchored businesses; it has high margins and a large local customer base, leading to a steady stream of customers, making this an easy-to-run operation formed on the formal family-run business that led it to have a massive net income and a layout to match it. Which buyers can further enhance margins by improving store presentation, leveraging digital marketing, offering loyalty programs, hosting events and tastings, substituting employee shifts with owners, sourcing superior products at more competitive rates, implementing advertising and delivery systems, and optimizing pricing and promotions, making it so that the buyer can expand profit margins even more so than before.
DETAILED INFORMATION
Location
Denver, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Over 30 coolers, 7 cameras, 3 pos systems, and a wide range of neon signs.
Competition
Located in the center of downtown without any anchored businesses, it has high margins and a large local customer base, leading to a steady stream of customers.
Growth & Expansion
Buyers can enhance production selection, improve store presentation, leverage digital marketing, offer loyalty programs, implement advertising and delivery systems, and optimize pricing and promotions.
Financing
SBA loan is pre-approved.
Support & Training
Two weeks before and two weeks after
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