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Popular High-Volume Liquor Store in Northern Colorado!

Northern Colorado, Colorado (Larimer County)

Retail - Liquor Stores | Retail - Miscellaneous Retail

Asking Price $650,000 Inventory $250,000** 
Gross Income $2,150,000 Real Estate  
Cash Flow $230,000 Year Established 2004
FF&E $119,000* Employees 6

* included in the asking price

** not included in the asking price

This 5 year old high volume liquor store is well-positioned to continue to grow and expand! Located in a popular large grocery-anchored shopping center in a newer and rapidly expanding portion of this city, this store is wonderfully designed with many storefront windows and lots of natural light. The city projects 1,500 more apartments and/or homes to be built in the immediate one mile market area in the next few years. The 1-3-5 mile demographics for this store are comprised of higher than normal income individuals and families. A complete demographic report is available to the serious Buyer. Turn key price includes all of the furniture, fixtures, equipment and leasehold improvements, plus a state of the art POS system and security cameras throughout. As is normal for liquor store sales , the inventory is additional and will be accounted for at the wholesale price the day of closing. Liquor stores are typically one of the few recession resistant businesses and this store is no exception. Revenue for the first 6 months of 2009 increased 21% from the same first six month time frame for 2008! The financials for this business are clean, accurate and up to date, which is very unusual for the typical liquor store. This business is available to an owner/operator or an absentee owner/investor.

Facilities: This 4,000 square foot store is well located with plenty of up close parking for easy access in a popular large grocery-anchored shopping center at one of the major intersections in this Northern Colorado city. This 5 year old shopping center has a good mix of tenants which provides for high-traffic activity at all times of the day.

Competition: This store does three times more business than its closest competitor, which is more than a mile away. After that, the closest liquor store is more than 2 miles away. The location and easy access with up close parking make this store a favorite place for that quick stop on the way home from work or after a visit to the nearby large grocery store.

Growth/Expansion: This liquor store is perfectly situated for continued growth. Located in one of the fastest growing parts of this city, the immediate one mile radius market area is projected to increase by an additional 1,500 rooftops in the next few years. Sales are increasing each year and have already increased 21% for the first 6 months of 2009 compared to the same 6 month time frame in 2008.

Financing: Cash or 3rd Party Financing

Support/Training: Seller will provide 2 weeks onsite training to Buyer to insure a smooth transition.

Reason Selling: Owner is retiring.

Business For Sale By

Randy Marshall

970-207-0700

Sperry Van Ness/The Group Commercial, LLC

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