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High-Profit Liquor Store Business - Confidential Sale

Georgia
listing image
Asking Price:$2,400,000
Inventory:$500,000
Established Year:2008
Gross Revenue:$3,400,000
Rent:$15,460/Month
Listing ID: 2269919Listing provided by BizBuySell
BUSINESS DESCRIPTION

“Bursting at the Seams” …

Here is an excellent opportunity to purchase this 16-year-old family-owned/operated, high-volume liquor store business. Located in one of the fastest growing cities in Georgia and one of Atlanta's best suburbs based on employment rates, new home sales, and cost of living. Due to the liquor store’s great success, the current building size of 4,800 sf has created the inability to expand operations, add additional inventory or increase SALES!
TIME TO GROW & PROSPER! A brand-new 46,000 +/- sf, four-building retail, and restaurant center, is being developed 50’ from the liquor store’s current location. This upscale development includes 8,433 +/- sf (or up to a maximum of 12,585 +/- sf – entire first floor) of premium retail space to relocate the current liquor store. The new location will be the anchor of the development and offer significant signage, frontage, and visibility. Additional first-floor space is ideal for a cigar lounge, tasting room, membership-based club, and numerous other options. Liquor stores are “recession-resistant” businesses. If you are seeking an efficient, highly profitable business with flexibility to run as an owner-operator, semi-absentee, or investor this business is for you. “Cheers to Exceptional Spirits and Endless Possibilities!”

ATTACHED DOCUMENTS
CONFIDENTIALITY AGREEMENT.pdf.pdf Download
DETAILED INFORMATION
Location
Georgia
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,433
Employees
9
Facilities
Lease Terms - $22/per sf + CAM, Vanilla box finish included in price per sf.
Competition
This is a destination store for bourbon and rye customers and specializes in single-barrel selections sure to satisfy the discerning whiskey lover. They offer a vast selection of spirits, wine, beers, seltzers, an 800sf Ice Cold Beer Cave and Walk-in Humidor. In 2023, they were chosen to perform 38 private barrel picks. Customers travel for miles to experience their award-winning spirits!
Growth & Expansion
WHY MOVE? This new location will allow an organized and visually appealing store layout, be easily navigated, and enhance the overall guest experience. Most notably, the increased sf will allow a minimum of 30% more inventory, increase beer coolers from 17 to 42, add three times the single-serve product, and two and one-half times the wine selection. Due to the added inventory and high profit margin items, sales can increase from $3.4M/yr to $4.8M to $5.1M in the FIRST YEAR!
Financing
With proper qualification/down payment, developer could assist w/lender referral
Support & Training
The General Manager will work as a consultant with the new owner(s) to establish positive, successful relationships with owner(s) and employees, customers and purveyors, to guarantee a successful transition.
Reason for Selling
Family has owned/operated this business for 16 years and is ready to retire
Home-Based
This business is Home-Based
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Gianna Marcellino
Phone Number
Gianna Marcellino
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