Business Overview

Graystone International is excited to exclusively offer the sale of this location of a rapidly expanding liquor store brand near Waco, Texas with real estate and inventory.

The current owner has operated the store since its doors opened in December of 2018, and is currently seeking to sell this location to a motivated buyer to focus on the other two locations being developed in Waco.

This location is the only liquor store in this rapidly growing city near Waco, with the closest competition nearly 20 miles away in any direction making this a prime location for continued growth and sales.

The store has seen significant growth since its opening with a nearly 220% increase in revenue from 2019 to 2020 ($270,000 and $860,000, respectively), with Seller’s Discretionary Earnings (SDE) of over $270,000 in 2020 and nearly $450,000 in sales year-to-date (YTD).

This prohibition-style liquor store sits in a two-story, 12,500 square foot building on the corner of this downtown area owned by seller. The liquor store takes up approximately 2,500 square feet of the lower floor, leaving nearly 10,000 square feet of available space between the lower and upper floors to expand the liquor store footprint and services, or be leased for additional passive income. The real estate and inventory of the business is included as part of the total asking price.


  • Asking Price: $1,400,000
  • Cash Flow: $270,000
  • Gross Revenue: $860,000
  • FF&E: N/A
  • Inventory: $140,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:12,500
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Seller is willing to assist with training and support for 6-12 months.

Purpose For Selling:

Seller will be focusing on development of other two locations being developed.

Pros and Cons:

This location is the only liquor store within nearly 20 miles in any direction, making it a prime location and opportunity for growth and continued sales.

Additional Info

The business was founded in 2018, making the business 4 years old.
The deal will include inventory valued at $140,000, which is included in the listing price.

The company has 2 employees and resides in a building with disclosed square footage of 12,500 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell companies. However, the genuine factor and the one they say to you may be 2 entirely different things. For instance, they may state "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might just be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in revenues, or a variety of other factors. This is why it is very vital that you not depend totally on a seller's word, however instead, make use of the seller's answer together with your overall due diligence. This will paint a more sensible picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses finance loans with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Remember that in some cases this can imply that profit margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that should be met or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area draw in brand-new clients? Often times, businesses have repeat clients, which form the core of their daily revenues. Specific aspects such as brand-new competition sprouting up around the location, roadway building, and staff turnover can affect repeat consumers and also negatively affect future revenues. One essential point to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the opportunity to develop a returning consumer base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood median household earnings effect future income prospects?