Liquor Store
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $901356
Net Profit / Cash Flow $167052
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 1 - 3
Inventory 130500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Owner has opened his 1st restaurant; wants to spend full time managing new business.
Description This liquor store is located in a fast growing, upscale residential community along the Hwy. 290 corridor in northwest Houston. Business is situated in a small strip center on the main street that residences use to enter and exit the community. The store has great street visability and the inside appearance is compact, clean and bright. Currently there are no liquor store competitors within a 3 mile radius of the store. The gross volume of liquor and wine sales is high and very profitable. The sales mix is 50% liquor, 33% wine, 10% beer and 7% others. 75% of the sales are paid by credit card and 25% paid by cash. New customers come from people moving into the community and referrals from existing customers. The name of the business must be changed at time of sale. The owner of the store is absentee. Please refer to CBB Listing #7585RD
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