Proprietress – Gourmet Boutique + Liquor Store + Bar + Tasting Room
| Asking Price: | $299,000 |
| Inventory: | $80,000 |
| FF&E: | $49,000 |
| Established Year: | 2019 |
| Gross Revenue: | $341,000 |
| EBITDA: | $40,000 |
| Real Estate: | $1,350,000 |
Prime Location, Downtown Cody, WY. Includes Full Liquor License.
A rare opportunity to own Proprietress, Cody, Wyoming’s premier gourmet boutique + liquor store + tasting room + bar/lounge. Located in the heart of downtown. This well-established business combines a curated retail experience with a vibrant tasting room and event space, and chic bar/lounge offering a unique destination for locals and tourists alike.
Business Overview
Proprietress is far more than a traditional liquor store. It features a curated selection of premium spirits, hard-to-find bourbons and whiskeys, fine wines, craft beers, and ciders. The retail boutique also offers artisanal chocolates, cocktail wares, gourmet foods, and locally sourced wagyu beef, creating an upscale shopping experience that attracts a loyal clientele.
The business operates out of a 1770 sq. ft. main-level commercial space, including a tasting room, boutique retail area, kitchen, and two bathrooms. A partially finished basement (1707 sq ft.) offers additional storage, office space, laundry facilities, and a bathroom. The outdoor patio enhances the business’s appeal, serving as a venue for live music events and private gatherings.
What’s Included in the Sale:
Full Liquor License: Valued at $250,000, enabling package liquor sales and mixed drinks without a food requirement.
Equipment and Fixtures: $49,000 worth of equipment, including bar and restaurant essentials for seamless operations.
Inventory: Audited before closing, with the buyer purchasing inventory at wholesale cost (estimated at $80,000 or less).
Proposed Lease Terms:
The buyer of the business will lease the main and basement levels of the building at a market rate of $5,535 per month($66,420 annually). This ensures the business remains in its prime downtown location with excellent visibility and foot traffic.
Current Operations:
Boutique Liquor Store: Offers premium and unique products with no direct competitors in the area.
Tasting Room: A welcoming space to sample local wines, beers, and spirits.
Outdoor Patio: Hosts live music events and is available for private parties, creating an additional revenue stream.
Retail Sales: Features luxury provisions and curated gifts for a unique shopping experience.
Bar Lounge: Chic bar, and lounge space, with basic kitchen. Serving craft cocktails year-round.
Growth Potential:
Proprietress offers significant opportunities for expansion, including:
Reviving the Cocktail Bar: Reinstate the previously popular cocktail service to draw additional revenue.
Expanding Event Hosting: Utilize the patio and tasting room for more private parties, wine tastings, and exclusive gatherings.
E-Commerce: Develop an online store to sell boutique items and branded products.
Collaborations: Partner with local restaurants, hotels, and venues to feature curated wine and spirit collections.
This turnkey business is ready for a new owner to build on its established success and exceptional reputation. With its unique offerings, strategic location, and untapped growth potential, Proprietress is a standout opportunity in Cody’s vibrant downtown.
Contact us today to learn more and schedule a private showing.
