Hot Listing

Johnson/Wyandotte - CONTRACT PENDING

Asking Price$625,000

Cash Flow
$190,600
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,175,000

Inventory$260,000
Not included in asking price
FF&ENot Disclosed

Across store view
Register view of salesfloor
Promo space
Back corner view
Front Registers
Spirits Aisle
Across store view
Register view of salesfloor
Save1/6
Hot Listing

Johnson/Wyandotte - CONTRACT PENDING


Asking Price$625,000

Cash Flow
$190,600
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,175,000

Inventory$260,000
Not included in asking price
FF&ENot Disclosed

Business Description
Established neighborhood store close by well-known BBQ restaurant
Northwood Liquor stands out for several key reasons, according to customer reviews and available information:

Exceptional selection: They offer a diverse range of spirits, wines (including interesting seasonal choices and varied brewers), and hard-to-find items such as Weller and Buffalo Trace.

Knowledgeable and friendly staff: Customers consistently highlight the staff's ability to provide recommendations and assist in locating specific products. They are described as going "above and beyond" for customers.

Welcoming atmosphere: The store is praised for being a friendly and inclusive environment for all shoppers.

Convenient location: Situated near popular destinations like Joe's Kansas City BBQ at Mission and 47th Ave. It's easily accessible with ample parking available.

In summary, Northwood Liquor combines a strong product selection with a commitment to excellent customer service and a convenient, welcoming shopping experience.
About the Business
Years in Operation
11
Facilities & Assets
Established in 2014, the business was relocated in Dec 2017 within the shopping center. Improvements include updated fixtures, large 16-door walk-in cooler, two double-door wine coolers, a single-door RTD cooler, and a dedicated cold liquor refrigerator behind the registers. The exterior features an LED storefront sign & street pylon signage. The POS system with 3 registers, office workstation, server are all Windows 11 compliant. A 15-camera security system installed in 2018.
Lease qualification & negotiation with the landlord required of the buyer.
Market Outlook / Competition
While our primary focus is serving our immediate neighborhood, our location benefits from significant customer traffic generated by a high-volume grocery store across the street, three neighboring restaurants within the shopping center, and the flagship location of a prominent Kansas City BBQ establishment positioned directly behind our store.
Opportunities for Growth
Implement the following initiatives:
Launch a dedicated website to expand reach and provide customers with the convenience of online shopping.
Introduce a program to incentivize repeat purchases and build customer retention.
Implement in-store signage to effectively communicate discounted pricing for full case wine purchases.
Establish a schedule for weekly product tastings and develop a promotional calendar to generate excitement and drive foot traffic.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,100
About the Sale
Seller Motivation
The current owner is transitioning into retirement, is seeking a suitable indivi
Transition Support
To ensure a seamless transition, seller to provide training to buyer or their representative up to 30 days. The existing store manager has operational knowledge & is highly recommended as a candidate to continue in his role if the buyer prefers an absentee ownership. Three current employees have been with the store since its acquisition in 2014, proving strong tenure.
Financing Options
Buyer brings own financing
Listing Info
ID
2397484
Listing Views
1291

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Daryl Evers

Listing ID: 2397484 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.