Liquor Store
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $290883
Net Profit / Cash Flow $42879
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1976
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Medical condition related to heart.
Description Located in a well established residential area in Southwest Houston. There are no major liquor store competitors in a one mile radius of the store. Product sales mix is 60% liquor, 20% wine, 15% beer, and 5% other items. Credit Card sales make up 65% & cash is 35% of total sales. 75% of new customers come from referrals. Store has excellent street visibility and the appearance is open, clean and bright. All equipment is in working order including the 8-door walk-in cooler and 4-door beverage cooler. Price includes $50,000 of inventory. Seller has medical condition that requires he sell and he is very motivated. Owner is willing to assist buyer with operations training to ensure a successful transition.
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