This business is one of the best known and longest established liquor stores in all of Central Arkansas. Its name carries with it a sterling reputation of customer service and satisfaction spanning generations of customers. It has a solid customer base, steady revenues, and plenty of room to grow and increase existing revenues and cash flow. This is a great opportunity to obtain a liquor license from one of the best known liquor stores around.
This business used to be involved in the private club and bar business at its peak. This business helped drive revenues beyond the current level. The current owner has withdrawn from that market due to a desire to retire and relocate. Plenty of growth awaits a new and energized buyer in the private club market.
In addition, retail liquor has been granted the ability to sell compatible products with liquor, wine and beer, – meats, cheeses, crackers, etc. Growth can be realized by adding these products to the existing inventory.
Currently the business does not participate in Wine, Liquor, or Beer tastings. Growlers could be implemented to provide additional services and products to further increase existing revenues. By adding these services and products it would increase revenues and broaden the existing customer base.
In addition, the business currently does ZERO advertising and has only a very limited online presence. Simply by advertising and expanding the social media presence the business would increase its already solid customer base, and further increase revenue and cash flow. These are simple things that can immediately increase the existing revenues.
Asking Price: $220,000
Seller’s Discretionary Earnings: $ 44,377
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