Northern Alberta High End Liquor Store for sale

  • Listing id
    yhigxtkv
  • Categories
  • Asking price

    Open to offers

  • Quantity

    Not applicable

  • Tax
    Not applicable
  • Shipping & Handling

    Shipping to Canada only

  • Payment Terms

    Seller accepts Cash

  • Posted
    1 year ago
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.
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Financial Information
Monthly lease costs: $ 4891.25
Common area costs: $1075
Time remaining on the lease: 14 years Approx.
Gross sales: 2017 $537,156 2018 $ 726,949 2019 $1,060,000
Normalized Net Income: 2017 $37,000 2018 $42,000 2019 $81,000 ( With manager in place and owner only working 25 hours per week)

Opportunity to purchase a well run and established Liquor Outlet in an Alberta progressive town. When the owner first opened this store back in 2012 it was during a boom time in Alberta and business grew and the business prospered until 2016.

With the opening of a couple of competing new outlets, plus the slowdown in the Alberta economy in 2016 sales growth slowed down. Instead of making excuses, our client spent considerable time and money over the next few years to learn new & different ways to increase clientele, retail sales, and profits.

The results from the lessons learned by the owner is that this well-operated business has experienced increased sales & profitability over the last 3 years.

Investment Level: 395,000 Plus Inventory

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