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, as well, sales have increased from 2020 to 2021 by over 25%. New compressors for coolers have been installed, and marketing efforts have been increased which has led to growth.

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 financial performance.

*NOTE: Purchase price does not include inventory, which is additional and will be sold at cost. The inventory values stated here are approximate and are subject to change

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: Financial Statements, Equipment List, Confidential Business Profile

Listing Details

Operational Summary

Annual Revenue: $925622
Assets: $65000
Earnings: $88325
Year Established: 2000
FT Employees: 1
Inventory: $150000
Location: Edmonton, AB
Broker: Craig Panek
Contact: Craig Panek (780) 495-9295

Craig Panek

info@absales.ca

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Business Listing: ALS11032021