|Reason For Sale:||Other Business Interests|
This neighborhood liquor store is poised to offer ready cash-flow to a new owner-operator. Located on a high traffic corner in a well-maintained shopping center with significant restaurant and commercial traffic and ample parking, this 3,450 square foot location has 24 months of solid growth under its current owners. And there is still plenty of upside remaining!
The store owner has other investments and now prefers to turn this business over to someone that can devote their full energy to being successful. A new lease agreement with the landlord will be a snap. And best of all, the current financial records are squeaky clean and easy to understand.
A major grocery chain has a store within the 1,500 foot radius that would call for them to purchase this business in the event they ever took on liquor sales under new Colorado law. Let’s talk about that opportunity!
The store is clean, presents well, and sits in a safe area. Because of its reasonable size, it can be managed and operated with minimal employees. This makes it perfect for a family ownership structure, although current staff may be retained if desired. There are many regular customers who enjoy the convenience of this neighborhood store, and it is one that is close to their work.
This turn-key, fully operational store has been in business for over 25 years. This is a great opportunity for a new owner to build on the foundation that is already in place. Gross sales and profits could readily increase through:
- Strategic buying of inventory to maximize discounts
- Better management of inventory to align with sales and customer demand
- Reduction of paid staff and increased owner oversight of daily operations
- Increased operating hours
- Adding promotion and advertising programs
- This store has tons of potential for growth!
Offers that do not include seller financing will be prioritized.