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Established Beer And Wine Store With Consistent Growth For Sale

Texas
Asking Price:
$310,000 (USD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$750,270 (USD)
Net Profit:
$66,102 (USD)

Established Beer/Wine store located in East Texas. This store comes with real estate (included in total asking price) and has a loyal customer base. Location has shown consistent sales growth year over year. Store has been recently renovated on the inside and painted on the outside. Staff is stable and has been with the current owner for over 3 years. Sells Beer, Wine and Lottery Tickets as well as limited convenience store items. Does not sell liquor due to local laws. Location has a secondary overflow cooler for peak seasons. The store has a prime location and stands out to drive by traffic. Owner is selling so he can slow down and spend more time with his family. Owner also willing to train new owner for as long as is needed.

Property information

Location:

Minimal footprint with good curb appeal. Parking is adequate. Ample refrigerated storage space. There is an employees-only restroom, a CCTV security system and a brand new POS system.

Premises Details:

Twice voted "Business of the Month" in the community.

Business Operation

Expansion Potential:

Location has shown 8 to 12% average growth per year.

Competition / Market:

One of only a few locations in the area to buy beer/wine. Local liquor laws prohibit the sale of spirits. There is currently a buyer loyalty program that drives business to this location. Current owner is installing an upgraded POS register system. Owner is about to add prepaid calling cards to his offerings.

Reasons for selling:

retiring

Trading hours:

Sun - Th 10 - 10 Fri - Sat 10 - 12

Employees:
4

Other Information

Support & training:

2 weeks

Financing available:

155000.00

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD) - included in the asking price

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