This liquor store is in an excellent location. It occupies the endcap spot with great street visibility, across from a Starbucks in a modern, well-kept center with plenty of parking. The center is surrounded by customers: it sits in front of a large set of apartment buildings (behind the shopping center), with another large set of apartments under construction next door to those units. Better yet, the store is across the street from the main parking for a popular community college, so you’ll catch students' daily commute back and forth to campus, as well as when they park to attend sporting events at the stadium!
The current owner had a vision of selling high-end, expensive wine and liquor, both online and in a retail store. He picked a great location, but had no experience running a liquor store. The store is only open short hours (11 - 6:30), and on many occasions, the doors are locked because the owner isn't manning the shop. The shelves are empty, the inventory isn’t well suited to the local customers (high end wines only), and there is only one reach-in cooler with wines.
The owner has realized that this industry isn’t for him and so is looking to sell the business. This is a perfect location for an experienced operator, as all the hard work (constructing, permitting, and the 21 ABC license) has already been completed. There are no liquor stores nearby, so there is very low competition. Add a walk-in cooler along the rear and left walls to carry more products that sell every day: beers (craft would be great here), energy drinks, soda, etc. Actually use the in-store shelving to stock popular snacks and sundries, rather than leaving them bare. Keep the store open more hours, as expected from a liquor store. Sell tobacco products (license required) and lottery to really boost profits.
If you’ve always wanted to purchase a great start up liquor store for a fraction of the buildout cost, this is the opportunity for you. A Buyer with experience can easily take this location to the next level. Interested? Reach out to the Agent today!
