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.
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