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Pristine Liquor Store in an Upscale Plaza

Pristine Liquor Store in an Upscale Plaza
Listing
1700
SOLD!
Busy Location with High Visibility
Acquired By
Individual Buyer
Middlesex County, MA
Revenue
$1,586,000
Asking Price
$679,900
Asking price details
+appx $146,000 in inventory
Sold Price
$400,000 + Inventory
Business Description

An established liquor store that is clean and well organized is available for sale! This store is in a densely populated community with an average age of under 40 years old. This store has many nearby businesses that drive active foot and car traffic. The lottery provides a constant flow of loyal daily customers.

The store sells liquor, wine, beer, cigarettes, lottery and select snack items and carries a wide selection of products. They sell small sizes such as nips and pints, which have better margins.

This location is in a busy section of the and enjoys a steady stream of patronage on a regular basis. The rent is reasonable for this highly visible upscale location which has ample parking. It is a great store for a buyer that wants to own a turnkey liquor store or a buyer that has multiple stores.  It does not require a lot of employees to operate. A buyer can negotiate a new lease with the landlord.

This store provides several growth opportunities for an enterprising new owner. For instance, adding a website and marketing to promote specials, events like in-store wine and beer tasting events could also increase interest and bring in new customers.

A new owner can add online ordering, delivery and curbside pick-up which will probably be a continued source of revenue. Corporate delivery service could be added by buyers who can target other local businesses that need alcohol for parties and events.

Growth Expansion and Opportunities

The store provides several growth opportunities for an enterprising new owner. For instance, rearranging the retail floor area and expanding the cooler space and grocery display areas can help maximize traffic flow and increase the variety of products available, to grow overall sales. Hosting in-store wine and beer tasting events could also increase interest and bring in new customers. A new owner can add online ordering, delivery and curbside pick-up which has substantially help other liquors stores that provided these services during the pandemic and will probably to be a continued source of revenue. Corporate delivery service could be added by a buyer who can target other local businesses that need alcohol for parties and events. The store could ramp up its social media activities to create brand awareness, cultivate online relationships with potential customers, and promote special sales and other opportunities that will entice individuals to visit the store in person.

Support & Training

The seller sill provide training an support to ensure a smooth transition

Reason Selling
Divorce
Employees
1 FT / 7 PT
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Brian Labonte

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  • Pristine Liquor Store in an Upscale Plaza

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