Distribution / Dist-Bev Alcoholic; Liquor Related Biz / Liquor Package Store
A successful family-run wholesale liquor business, which has been in business for more
than 18 years now and is located in a safe and quiet N. Texas neighborhood. Business operates out of a 10,000 square foot wholesale
distributor location, which features a liquor storefront for retail liquor sales. This wholesaler distributes spirits to local
restaurants, bars and other “wet” establishments. This business delivers
approximately 75% of its revenues from the wholesale business and generates 25%
of its revenues a liquor storefront.
This business has high volume sales, averaging over $800,000 per month. Plenty of regular customers from local large apartment complexes and high traffic roadway ensure a steady flow of new and repeat customers for its retail business. This business has very low overhead, which creates substantial and increasing cash flow. New owner can owner operate or hire managers to run it day-to-day and still realize excellent profits. The building is situated on a sizable portion of land with ample parking spaces. Adding check-cashing services could a solid addition to its retail business, which would add additional foot traffic and impulse purchases. Its wholesale distribution is driven by 100-120 local bars, restaurant, and nightclubs, although the sellers have not actively marketed to their client database to secure additional business.
This business generated nearly $532,000 in SDE (Seller Discretionary Earnings) from approximately $9.5M in revenues in 2016. Assets included in the sale are approximately $195,000 in FF&E (furniture, fixtures, vehicles & equipment). On-hand inventory averages approximately $1,250,000 and it is not included in the list price by TABC (Texas Alcoholic Beverage Commission) Law.