This is a strong performing, grocery anchored liquor store open since 2007. Family run, its sales have increased steadily, 5% to 10% each year of operation. 2012 is proving to be exceptional with sales projected to increase 14% and owners adjusted cash flow expected to exceed $100,000. For 2011 sales were 28% liquor, 24% wine, 43% beer (with a focus on higher margin craft beers) and the remaining 5% tobacco and non-alcoholic beverage sales. Ownership runs a lean store with unused space available on the floor and in storage. Increasing inventory to better utilize the stores floor space and storage along with better merchandising can continue to improve profitability.
- Location: Denver / Boulder Metro
- Price: 299,000.00
- Status: Sold/Leased
- Reference Number: 30503
Facilities
- Square Footage (Building): 3,400 (+/)
Financials
- Annual Gross Sales: $1,226,201
- Cash Flow(EBITDA): $67,190
- Terms: Cash or terms acceptable to seller