Well established liquor store with great location. The store benefits from two major trends. It is located in an area that was recently ranked as the 3rd fastest growing area in the U.S., according to the Census Bureau. In addition, it ranks #1 in Colorado for disposable income. A growing population and high disposable income is the perfect setting for a liquor store. New customers are drawn to the store because of its great location. They can afford to purchase more frequently and “trade up” to premium brands because of their high disposable income. With its high volume, it gets the best discounts from its suppliers. This leads to excellent gross margins. This is a turnkey business which is perfectly positioned for growth. It’s a great opportunity for a liquor industry veteran or a first timer.
Asking Price: $700000
Listing Reference: 4062-LA