Alberta Liquor Boutique (Edmonton)

Alberta Liquor Boutique

Opportunity to purchase an absentee owner operated established Liquor Boutique in an Alberta city. Our client has spent considerable time and money over the last 8 years to increase clientele retail sales and profits.For the buyer who is searching for an easy turn key business to learn and operate this business provides an excellent return on investment. Add in the excellent location extensive leasehold improvements strong sales with the owner only working 5 hours per week buyers would be hard pressed to find a Liquor Store of this quality and value anywhere in Alberta.Simply put this business scores 5 out 5 in all areas important to buyers. Our client is willing to work and share lessons with the new owners to ensure many more successful years to come.Central AlbertaHigh End Liquor StoreInvestment Level 699 000 (Plus inventory of 275 000)Type of sale AssetBusiness at a glanceMonthly lease costs 4891.25Common area costs 1075Time remaining on the lease 10 yearsGross sales 2019 1 115 000 2020 1 772 000 2021 1 584 000 Normalized Net Income 2019 45 000 2020 211 000 2021 199 000 The change in sales in 2021 was due to a 4 month highway closure leading into the mall. Sales in 2022 are now back to 2021 levels.Vendor financing Owner may consider some vendor financingHours of operation Sunday to Wednesday 10 am 11 pm Thursday 9am-11pmFriday & Saturday 9am-12pmThe Affordable Business PartnerProviding Affordable Practical & Confidential Business Selling Coaching Marketing Vetting and Business Selling Solutions for Family Business Owners.How can we help you