Good Cash Flow Great Location!

Syracuse, NY
listing image
Asking Price:$1,700,000
Inventory:$650,000
FF&E:$200,000
Gross Revenue:$1,200,000
EBITDA:$1,200,000
Established Year:2019
BUSINESS DESCRIPTION

Growth Potential and Stability

Are you ready to step into a thriving business and make your mark in the world of liquor retail? Look no further! We are excited to present to you an incredible opportunity to acquire a well-established liquor store and its lucrative inventory.

Key Features:

- Prime Location: Situated in a bustling area with high foot traffic, our liquor store enjoys excellent visibility and accessibility. Your customers are already here!

- Steadily Increasing Revenue: Since its inception in 2019, this business has been on a trajectory of success, consistently boosting its revenue year after year. Join the journey of growth and prosperity!

- Under Market Prices: With prices strategically set below the market average, there's immense potential for increased profitability. You have the power to optimize prices and maximize your returns!

- Versatile Revenue Streams: This isn't just a traditional liquor store. It comes equipped with multiple revenue streams, including local delivery services and a robust online sales system. Tap into various avenues for revenue and watch your profits soar!

- Storage Spaces: Efficiently manage your inventory with dedicated storage spaces available on-site. Keep your stock organized and readily accessible to meet customer demands promptly.

- Lease Option: No need to worry about purchasing the building! The lease arrangement offers you the flexibility to focus on running the business without the hassle of property ownership.

- Proven Business Model: Benefit from a well-established system that has already laid the groundwork for success. With everything in place, you can hit the ground running and start making profits from day one.

Don't miss out on this golden opportunity to own a flourishing liquor store with endless potential for growth and expansion. Whether you're an experienced entrepreneur or a newcomer looking for a lucrative investment, this business ticks all the boxes.

Contact us today to schedule a viewing and take the first step towards owning your own thriving liquor retail business. Cheers to your future success! Please reach out for more information. Sellers require an NDA to disclose further information.


DETAILED INFORMATION
Location
Syracuse, NY
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Inventory: Liquor products including spirits, wines, beers, and mixers, to cater to diverse customer preferences. Online Sales: Established platform for ordering and delivery, extending the reach local customers and tapping into out-of-state markets. Furniture and Fixtures: Display shelves, refrigeration units, cashier counters. Brand and Reputation: Established brand presence and reputation in the community, loyalty and repeat business. Supplier Relationships: Established relationships with suppliers, ensuring access to products at competitive prices.
Competition
In Syracuse, New York, the liquor retail market thrives with a dynamic economic landscape. Steady growth and the Micron investment, the city fosters strong demand for liquor products. Concerts and festivals, attract visitors, while the presence of colleges ensures a constant stream of student clientele. Proximity to transportation routes facilitates distribution, extending market reach. Despite competition, opportunities abound for entrepreneurs to capitalize on the city's demand.
Growth & Expansion
The potential for growth in Syracuse's liquor store market is immense, fueled by a combination of factors including a growing population, steady economic development, and evolving consumer preferences. With a strategic approach to product selection, pricing, liquor store owners can tap into emerging trends. Leveraging technology for online sales, price increases and delivery services further enhances accessibility and convenience, attracting both local customers and those from neighboring areas.
Financing
cash/financing
Reason for Selling
Looking to invest in other assets
Home-Based
This business is Home-Based
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Jeremy Allen
Jeremy Allen