Neighborhood Liquor Store - Great First Business

Harris County, TX
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Asking Price:$95,000
Gross Revenue:$245,321
Rent:$1,900
Established Year:2009
Cash Flow:$7,984
Inventory:$50,000
FF&E:$25,000
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-562063

Reduced price. Cash buyers only. Price based on $50k worth of inventory at cost. Inventory will be counted and adjusted at close based on actual. (if it is higher, will add to price, if lower will reduce price)

This liquor store has been owner operated since 2009. Surrounded by a mix of industrial and residential properties, it has an established and loyal customer base. The store includes a side variety of inventory (valued at approx. $50,000), including spirits, wine and beer, is organized on custom-built shelving, and includes a huge well maintained walk in cooler. With ample parking, there are neighboring tenants that help drive additional traffic to the business, which has partnering potential with a little effort from a new owner.

With very low rent, the seller does zero advertising, so any attention to marketing is sure to increase revenue and help deliver a more robust profit.

2023 revenue was $245,331. The owner has closed for several weeks thru the year to take time off, so there has been lost revenue opportunity as a result. 2021 revenues were just under $270k. Seller is ready to officially retire and spend more time with her grandchildren.


DETAILED INFORMATION
Location
Harris County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: includes ATM, bullet proof cashier box, custom shelving, and walk in cooler, among other items. FF&E General Condition: Good
Competition
Current owner has state license for cigarette sales as well.
Growth & Expansion
Focus on e-cigs, partnerships with neighbors, gaming opportunities, and adding delivery services and presence on apps such as Drizzly would grow revenues, in addition to good old fashioned marketing.
Support & Training
Number of Weeks Seller Will Offer Training: 1
Reason for Selling
Retirement
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