Business Overview

Off-sale liquor store located in a Twin Cities northeast suburb. Business was established in 2002. This is a classy store specializing in the sale of wine, which is demanded by the neighborhood. Business hours are 9 am to 8 pm Monday through Thursday, Friday, and Saturday 9 am to 9 pm and Sunday 11 am to 6 pm.


  • Asking Price: $275,000
  • Cash Flow: N/A
  • Gross Revenue: $1,300,000
  • FF&E: $75,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2002

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The business operates in 3,500 square feet. The gross monthly rent is about $4,500 base rent. The lease expires 2026, with a 5-year option. The owner feels that the property owner will work with a buyer to assume the current lease, as they like the liquor store in their shopping center.

Additional Info

The company was established in 2002, making the business 20 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell companies. Nevertheless, the real factor and the one they say to you may be 2 totally different things. As an example, they might claim "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in incomes, or a range of various other factors. This is why it is extremely crucial that you not rely totally on a seller's word, yet instead, use the vendor's answer along with your general due diligence. This will repaint a more realistic picture of the business's present scenario.

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. Many businesses finance loans in order to cover things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that earnings margins are too thin. Numerous companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be satisfied or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in new consumers? Often times, companies have repeat clients, which form the core of their everyday earnings. Certain factors such as new competitors growing up around the area, road building and construction, and also personnel turnover can impact repeat customers as well as adversely affect future profits. One vital point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business on a regular basis, the better the possibility to construct a returning consumer base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? Just how might the regional typical household earnings effect future revenue potential?