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.
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
*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