Beer Wine & Liquors Store - A Real Cash Machine
Location Austin, Texas, United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $982000
Net Profit / Cash Flow $311001
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory 68000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training As needed.
Reason for Sale Retirement.
Description A unique liquor, beer and wine facility for sale, located on a prime high traffic thoroughfare. Drive through access with amazing visibility for customer selection and rapid efficient service by store personnel. Both facilities operated by one person. Excellent layout for security and ease of maintenance. Easily serviced by distributors. Two licenses: Liquor license and separate Convenience Store license. Customers never leave their car. All product, even ice is loaded into the customer's vehicle. Customer does not have to leave the vehicle for any reason. Awesome location with proximity to recreation,2 miles to Lake Travis, upscale residential pop., blue collar workforce in light industrial/commercial area. Real estate is available at $900,000.
Facilities: Two self contained drive-thru buildings on approx. 1/2 acre site. Wall to wall coolers&refrigerated storage&ice machines. Near-by sites for sale on Hwy 620 are comparable at $1.0 mil to $1.7mil. This site elevated w/better access & visibility.
Competition: Only drive-thru of it's kind in Austin. Fully self contained on prime elevated site with easy entry and exit from Hwy 620. Car count of 32,000 to 35,000 daily. Busch distributor shows this store to have 5 times the volume as competitors. Keg volume is 2nd highest in all Austin. All products/service is deliverable w/extended hours,weekends &holidays. Dual license location and selection blow away competition.
Growth and Expansion: Growth is already 13-15% year over year. Catering/delivery expandable and Margarita machine rental expandable including the supply of liquor to machines. Site accommodates firewood sales, fireworks and other seasonal retail. Firewood margins are huge. All expandable.
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