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Package Liquor Store for sale in East, TX

East, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 2,800,000 $ 7,060,992 $ 399,524

Furniture and Fixtures Value:
$ 143,197 (included in the asking price)

Inventory Value:
$ 535,689 (included in the asking price)

Real Estate:
$ 977,918 (included in the asking price)

Business Summary:
This business specializes in Alcoholic Beverage Retail & Wholesale. The business is broken down by 24% retail and 76% wholesale and operates from a beautifully maintained facility where customers feel safely welcomed. The wholesale portion of the business is the primary driver for the growth and success of the company, while retail sales have shown a steady increase as well. This company has 90% of the wholesale business in the fast-growing county it resides. Both owners are operating as absentee owners since the inception. Full time general manager on staff plans to stay with the next owner.

 

   
Year Business was Established: 2010
   
Number of Employees: 7 FT  
   
Facilities / Terms of Lease: The 5 year old stand-alone building offers approximately 7,400 sq. ft. of combined retail and storage featuring a large walk-in refrigerator to keep inventory chilled. Due to the size of the building, the company is amply prepared to serve walk-in customers as well as local establishments like bars and restaurants. The property is situated on approximately .830 acre of land as shown on the tax rolls. See appraisal report for more info. Real Estate is included with the purchase of the business. The Business can be purchased alone for $1,822,082. The business is centrally located near the clients it services, and a short distance from a major highway.  
   
Potential Growth/Expansion: This company is ideally positioned for additional growth primarily due to the acquisition of nearby competition as well as population growth along the East Texas corridor including a recent announcement of a major employer moving into the area. While the County’s growth will sustain an increase in wholesale client opportunities, the retail aspect is the area for serious growth and higher profit margins.  
   
Competition: The competition is not a major concern because there are a very small number of nearby liquor stores. Furthermore, the wholesale competition is virtually non existent because this business services 84% of the establishments that sell liquor in the county. They have bought out 1 neighboring retail store in recent years which has enabled them to exponentially grow the business.  
   
Owner willing to train: Will train for 12 weeks @ no cost.  
   
Reason for selling: Wants to pursue other business opportunities.  
   
Seller Reference Number: 6007-13024
BusinessMart.com Listing Number: 209685
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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