Well known Liquor Store For Sale
Business Description
DO NOT TALK TO EMPLOYEES AT ALL PLEASE. THEY DO NOT HAVE INFO OF ANY KIND.
Well-established liquor store located in prime position near Texas Tech University in Lubbock, Texas with drive Thru. This profitable operation has been serving the community since 2010 and generates $1.2 million in annual revenue with $200,000 in seller's discretionary earnings.
BUSINESS OVERVIEW:
Currently operated as an absentee-owned business with professional management in place, demonstrating the stability and systems that enable hands-off operation. The store occupies 5,000 square feet in a strategic location near student housing, benefiting from consistent foot traffic from the university community.
FINANCIAL PERFORMANCE:
- Annual Revenue: $1,200,000
- Cash Flow (SDE): $200,000
- Inventory Value: $350,000
- Monthly Lease: $3,800 (lease through January 2030)
LOCATION ADVANTAGES:
Prime positioning near Texas Tech University provides access to a built-in customer base of students, faculty, and local residents. The convenient location has helped establish strong brand recognition and customer loyalty within the local community.
GROWTH OPPORTUNITIES:
Significant expansion potential exists for an involved owner. Historical performance demonstrates the store previously achieved $2 million in annual sales under active ownership. Key growth opportunities include:
- Expanding product offerings to include snacks, candy, and convenience items
- Adding lottery sales
- Implementing targeted advertising campaigns to university students
- Leveraging increased owner involvement to maximize operational efficiency
OPERATIONAL STRUCTURE:
The business operates with established management systems that have enabled successful absentee ownership for three years. This turnkey operation provides flexibility for new ownership while maintaining proven operational procedures.
This represents an excellent opportunity to acquire a well-positioned liquor store with demonstrated profitability and substantial growth potential in a stable university market. The seller will provide three weeks of transition support to ensure smooth ownership transfer.
Well-established liquor store located in prime position near Texas Tech University in Lubbock, Texas with drive Thru. This profitable operation has been serving the community since 2010 and generates $1.2 million in annual revenue with $200,000 in seller's discretionary earnings.
BUSINESS OVERVIEW:
Currently operated as an absentee-owned business with professional management in place, demonstrating the stability and systems that enable hands-off operation. The store occupies 5,000 square feet in a strategic location near student housing, benefiting from consistent foot traffic from the university community.
FINANCIAL PERFORMANCE:
- Annual Revenue: $1,200,000
- Cash Flow (SDE): $200,000
- Inventory Value: $350,000
- Monthly Lease: $3,800 (lease through January 2030)
LOCATION ADVANTAGES:
Prime positioning near Texas Tech University provides access to a built-in customer base of students, faculty, and local residents. The convenient location has helped establish strong brand recognition and customer loyalty within the local community.
GROWTH OPPORTUNITIES:
Significant expansion potential exists for an involved owner. Historical performance demonstrates the store previously achieved $2 million in annual sales under active ownership. Key growth opportunities include:
- Expanding product offerings to include snacks, candy, and convenience items
- Adding lottery sales
- Implementing targeted advertising campaigns to university students
- Leveraging increased owner involvement to maximize operational efficiency
OPERATIONAL STRUCTURE:
The business operates with established management systems that have enabled successful absentee ownership for three years. This turnkey operation provides flexibility for new ownership while maintaining proven operational procedures.
This represents an excellent opportunity to acquire a well-positioned liquor store with demonstrated profitability and substantial growth potential in a stable university market. The seller will provide three weeks of transition support to ensure smooth ownership transfer.
About the Business
- Years in Operation
- 15
- Employees
- 8 (3 Full-time, 5 Part-time)
- Facilities & Assets
- Everything related to business is included with sale. Inventory is not included in sale price.
- Market Outlook / Competition
- Store is located near Texas tech and student housing. It is absentee store run by manager. This store can and did 2 million a year sale when i ran it my self. i have other business so i have been absentee owner for last 3 year. There are lots of liquor in town but this store is at convenient location to Texas tech. This store is well known among locals.
- Opportunities for Growth
- Involved owner can take this store to next level of back to 2 million per year. missing Lotto sales and can expend food like snacks sales. This store does not sell any snack, candy etc. Also i do not spend much on advertising at all. advertising to students can jump the sale quickly.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $3,800.00 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Involved in many business plus want to focus on my other businesses.
- Transition Support
- 3 week.
Listing Info
- ID
- 2414427
- Listing Views
- 27
Listing ID: 2414427 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.
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