RINO Neighborhood, High margin cash cow Liquor Store. Don't Miss!!!
| Asking Price: | $300,000 |
| Gross Revenue: | $761,000 |
| FF&E: | $20,000 |
| Established Year: | 2014 |
| Cash Flow: | $85,000 |
| Inventory: | $80,000 |
| Real Estate: | $1,200,000 |
Profitable Liquor Store with Real Estate in Amazing Location!!
Are you looking for a recession proof business with tons of upside potential? This cash cow liquor store has plenty of rapid growth in a well-established neighborhood. One of the oldest liquor stores in Denver with a large loyal client base. The owner has been working hard to get this store ready for sale. New POS system, shelving, website with app and delivery ready to do. The store is in a high growth development neighborhood with many more residential and commercial buildings finishing every few months.
Don't be afraid of the cash flow. This store has done over $1,200,000 in sales in recent years and with the growth happening the owner believes this store will be back to higher sales very soon.
The business has an established loyal customer database. The selection of product is solid; however a new owner could cater to more of a high-end clientele. With several very large residential buildings coming online in the next year, a new committed owner could take this store to new levels in a short amount of time. In addition, the liquor license is pre-2016 which comes with more protection than new licenses.
The property is available to be sold with the store is 3122 sq ft zoned CM-12 with zero lot line set back and no parking requirement. This is a very high-density area of Denver with it increasing every day. The development adjacent to the store has seen several large mid-rise buildings completed around it in the last year.Several more development projects are in various stages and will be built in the coming years all while sitting next to the light rail stop. The owner has building plans for an eight story high-rise already in the works.
The owners have made this store a staple of the neighborhood. You are walking into a business with tons of upside while also being a beautiful store from the moment you take over. The seller is willing to finance a large portion of the purchase price; however, the new owner must be purchasing both property and store. Only serious, well-qualified and vetted buyers will be able to look at this opportunity.
