Busy Alberta Liquor Store
-
Listing idci6dl9au
-
Categories
-
Asking price
Open to offers
-
Quantity
Not applicable
-
TaxNot applicable
-
Shipping & Handling
Shipping to Canada only
-
Payment Terms
Seller accepts Cash
-
Posted1 week ago
helpful
Calgary, AB
Member since July 19, 2018
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
The Affordable Business Partner
Providing Affordable, Practical & Confidential Business Selling Coaching, Marketing, Vetting and Business Selling Solutions for Family Business Owners.
How can we help you?
Central Alberta
High End Liquor Store
Investment Level: $ 699,000 (Plus inventory of 275,000)
Type of sale: Asset
Opportunity to purchase an absentee owner operated established Liquor Boutique in an Alberta city. Our client has spent considerable time and money over the last 8 years to increase clientele, retail sales and profits.
For the buyer who is searching for an easy turn key business to learn and operate, this business provides an excellent return on investment. Add in the excellent location, extensive leasehold improvements, strong sales, with the owner only working 5 hours per week, buyers would be hard pressed to find a Liquor Store of this quality and value anywhere in Alberta.
Simply put this business scores 5 out 5 in all areas important to buyers. Our client is willing to work and share lessons with the new owners to ensure many more successful years to come.
Business at a glance
Monthly lease costs: $ 4891.25
Common area costs: $1075
Time remaining on the lease: 10 years
Gross sales: 2019 1,115,000 2020 1,772,000 2021 1,584,000**
Normalized Net Income: 2019 45,000 2020 211,000 2021 199,000**
**The change in sales in 2021 was due to a 4 month highway closure leading into the mall. Sales in 2022 are now back to 2021 levels.
Vendor financing: Owner may consider some vendor financing
Hours of operation:
Sunday to Wednesday 10 am –11 pm Thursday 9am-11pm
Friday & Saturday 9am-12pm
Interested parties must also complete a Buyer’s Profile & NDA prior to financial
and confidential information being released. Thank you.
Providing Affordable, Practical & Confidential Business Selling Coaching, Marketing, Vetting and Business Selling Solutions for Family Business Owners.
How can we help you?
Central Alberta
High End Liquor Store
Investment Level: $ 699,000 (Plus inventory of 275,000)
Type of sale: Asset
Opportunity to purchase an absentee owner operated established Liquor Boutique in an Alberta city. Our client has spent considerable time and money over the last 8 years to increase clientele, retail sales and profits.
For the buyer who is searching for an easy turn key business to learn and operate, this business provides an excellent return on investment. Add in the excellent location, extensive leasehold improvements, strong sales, with the owner only working 5 hours per week, buyers would be hard pressed to find a Liquor Store of this quality and value anywhere in Alberta.
Simply put this business scores 5 out 5 in all areas important to buyers. Our client is willing to work and share lessons with the new owners to ensure many more successful years to come.
Business at a glance
Monthly lease costs: $ 4891.25
Common area costs: $1075
Time remaining on the lease: 10 years
Gross sales: 2019 1,115,000 2020 1,772,000 2021 1,584,000**
Normalized Net Income: 2019 45,000 2020 211,000 2021 199,000**
**The change in sales in 2021 was due to a 4 month highway closure leading into the mall. Sales in 2022 are now back to 2021 levels.
Vendor financing: Owner may consider some vendor financing
Hours of operation:
Sunday to Wednesday 10 am –11 pm Thursday 9am-11pm
Friday & Saturday 9am-12pm
Interested parties must also complete a Buyer’s Profile & NDA prior to financial
and confidential information being released. Thank you.