Liquor Store for Sale in Boulder, Colorado – Profitable, Great Owner-Operator Opportunity

This liquor store for sale in Boulder, Colorado is profitable and a great opportunity for an owner-operator. The store is absentee run, under-performing but has great potential. The store owner is a professional and is selling to focus full-time on their profession. Clean, well-organized store, wide aisles with 20+ cooler doors, the store is operated by a General Manager and one Assistant Manager. The store will greatly benefit from a full-time owner presence to maximize efficiencies in staffing and spending and to develop solid customer and vendor relationships. Sales for 2021 are trending to the 2020 level but earnings appear to be better. Over the first eight months of 2021, net income is $44,300, owner wages $2,611 and non-cash expenses of $7,641, together totaling $54,552. The GM earns $2,500/month, or $20,000 through August. As of the end of August, an owner-operator replacing the GM would have $74,552 in discretionary earnings. At 6,400 square feet there is space to store larger deal purchases (at better pricing) managing costs better. This is a great opportunity for a first-time owner or an existing store owner looking to expand their brand and influence without concern about future grocery store competition. Inventory is in addition to the sales price. This liquor store for sale in Boulder, Colorado is listed by Mark Thomas.

  • Location: Denver / Boulder Metro
  • Price: $249,000
  • Status: Active
  • Reference Number: 30514

Facilities

  • Square Footage (Building): 6,383
  • Liquor License: Yes, Retail sales for off premise consumption

Financials

  • Annual Gross Sales: $1,694,878
  • Cash Flow(EBITDA): $19,993
  • Seller's Discretionary Earnings (SDE): $54,814
  • Rent: $13,766/month – includes net expense
  • Lease Rate: $16.83/SF

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