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- Location Liquor Store In Prime Location
Location: United States -> Texas -> Cetral Dallas, Dallas County
Industry: Food and Beverage > Liquor Stores




Business Summary

2-Location high-volume liquor stores established for over 2 decades and placed in prime locations are now available for acquisition. Both businesses were established in 1999 and were later acquired by the owner. In 2006, he acquired the first location and in 2009 acquired the 2nd location. Both locations are nearby a major intersection surrounded by retail businesses and commercial office buildings. Most of the customers are Hispanic customers who vary from low to middle-class income that live in the nearby densely populated residential neighborhoods and individuals who drive through the high traffic road that is next to this business. Competition can be expected for the industry this business is within, these two businesses are well known to many local customers as they have been operating here for over 2 decades since 1999 and have a solid customer base that is not much affected by other competitors. The sales of these businesses have been consistent at around $1.5million/year over the last several years, and there was a slight decrease in 2020 due to the COVID-19 pandemic. However, their prime location, solid customer base, and name recognition, coupled with pro-active marketing and new owner's active involvement in day-to-day operation, will definitely bring these businesses back to their pre-pandemic level and be able to reach their full potential. Additionally, few competitors over the last few decades have gone out of business while these businesses have thrived. Although no marketing is currently involved in the operation, various forms of proactive marketing such as direct mailing, flyers, social media outlets, coupons, special discounts, etc. in the local area will serve to increase the overall sales of the business as well as acquire more loyal customers that will consistently come to these businesses. These well-established liquor stores are ready for a potential buyer to actively involve in the business operation while marketing to grow these busine...


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,643,250
Cash Flow:   $304,214
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1999
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Other Opportunities




Print Listing Id: 700367460
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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