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High Margin Liquor Store 10 Minutes from Downtown Denver

Denver, CO (Denver County)

High Margin Liquor Store 10 Minutes from Downtown Denver
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Asking Price: $330,000

Cash Flow: $114,799

Gross Revenue: $801,044

EBITDA: N/A

FF&E: N/A

Inventory: $180,000*

Rent: $5,500 /Month

Established: 2013

*not included in asking price.

High Margin Liquor Store 10 Minutes from Downtown Denver

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Business Description

High-Margin Store in BUSY Location!

Beautiful liquor store nestled between the continuously growing neighborhoods of Berkeley and West Highlands. This store is conveniently surrounded by residential homes and a brand new 200+ unit apartment complex, just two blocks away. Sales have grown at a rocket-like pace. From 2017-2018, sales increased 16%. That allots to a $115K jump in just one year.

The owner has added new shelving, 2 new compressors, new A/C unit, and has added LED lighting throughout. The unit measures in at 3,200 square feet with a HUGE 21 door walk-in cooler. Majority of sales consist of liquor and wine and cater to the influx of high-income families in the neighborhood. This is a high volume, high margin store at over 35%. Great lease rate and terms available.

This store has not even reached its peak! Gain access into this market and watch sales explode for 2019. You do not want to miss out on this opportunity! It will not last long!

Attached Documents


Detailed Information

Location:
Denver, CO
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
1 FT & 2 PT
Financing:
SBA financeable with 30% down to a well-qualified buyer
Support & Training:
As needed for a smooth transition
Reason for Selling:
Other Business Opportunities
Business Website:
http://denverbbs.com/
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Contact the Seller

(from currently available funds)
 
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MJ Nuanes

Business Listed By:
MJ Nuanes

Business Brokerage Services, LLC

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Sponsoring Broker:
Greg Sosville

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