Wichita County Retail Liquor Store (17610)
RetailFor Sale in KS
Financial & Assets Details
About the Business
This is a liquor store with primary product lines consisting of multiple brands of beer, wine, spirits, and related merchandise. Over the past five years, sales have remained steady and solid for the company. Located on a busy highway in Wichita County, the high visibility retail location, totaling nearly 1,200 square feet, is owned and included in the listed price. The customer base consists primarily of regional residents seeking the products offered. The store is open seven days per week, closing times are later in the evenings. Currently, the owner performs purchasing, and oversight duties, with staff members maintaining inventory, sales, and customer service. The company operates using point of sale and inventory management software, allowing for ease of ordering, stock management, and analysis of top selling products. The company is also capable of selling retail items related to the liquor store industry. These items include mixers, non-alcoholic beverages, souvenirs, drink coolers, and more. By selling additional retail items, the company can provide upsell, and impulse sale opportunities to customers which enhance the profitability of the company. In 2019, the total revenue was $444,042, with Seller’s Discretionary Earnings of $27,374. The company continues to have strong revenue and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to the continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.
Financing can be negotiable for the right buyer.
Prime Real Estate location is included in Asking Price.
Support & Training
Owner Transition period of 6 months.
Reason for Selling:
Approaching retirement and/or pursuing other interests.