Popular Liquor Store

This business is a liquor store established in the early 2000’s. Located in a high-traffic and busy location this business has a track record of profitability along with a strong reputation.

The current owner took over this business in early 2020 and are selling as they are looking to move out of province. The business offers a wide selection of products coupled with strong customer service. Since taking over they have increased gross margin by 10%, installed new compressors for coolers, and increased marketing efforts which has led to increased profitability.

This is an amazing opportunity for someone with a background in the liquor or retail industry to take over their own liquor store or for a current liquor store owner who is looking to expand. A new owner will greatly benefit from the strong reputation, great location, and strong financial performance.

Purchase price is $299,000 plus inventory. Inventory is approximately $105,000 but does vary.

NOTE: Revenue and  Earnings are annualized based on current 11 months year-to-date.

Listing ID: ALS11032021

Asking Price: $299,000 + Inventory

Why This Business

  • Fantastic location
  • Popular name with established reputation
  • Profitable liquor store with strong margins
  • Strong online and social media presence
  • Great google reviews

Additional details

Reason for sale: Owners are looking to move out of province.
General Information: Premise is not part of the sale, Inventory not included in sale price, Owner support/training is negotiable
Documents Available For Review: Business Sales Memorandum, Financial Statements, Equipment List

Listing Details

Operational Summary

Annual Revenue: $353000
Assets: $65000
Earnings: $241000
Year Established: 2000
FT Employees: 1
Inventory: $105000
Location: Edmonton, AB
Broker: Craig Panek
Contact: Craig Panek (780) 495-9295

Craig Panek

info@absales.ca

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Business Listing: ALS11032021