Drive-Through Beer & Liquor Store Primed for Growth! (17915)
Asking Price: | $450,000 |
Gross Revenue: | $1,375,159 |
EBITDA: | $43,986 |
Real Estate: | $375,000 |
Cash Flow: | $47,409 |
Inventory: | $68,630 |
FF&E: | $167,083 |
Established Year: | 2004 |
Property included! From a busy thoroughfare in Northwest Pennsylvania, the company retails specialized beer, mixed drinks, and food items to loyal clientele, as well as wholesale distributions to local pubs and events. As the store focuses on a diverse selection of cold beers, growth potentials exist in taking business to new levels through the addition of lottery and tobacco products. Additionally, strategic wholesaling efforts include an added delivery person and a focus on catering to more events. Relying mostly on verbal referral sources from their longtime supplier relations and recurring client base, the buyer could easily maximize outreach using aggressive advertising, launching a website and increasing online engagement. On an upward sales trend since 2019, high local ratings and years of ongoing reputations offer a flexibility to optimize and bring in new partnerships to further capture their command in the area. With coolers just six years old, the facility features a drive-through location with high visibility and a large parking lot. The property is included in the listed price and features an occupiable residence. The revenues show stability around $1.4M as 2023 reached $1,375,159 alongside Discretionary Earnings of $47,409. Having reduced their service area a few years ago, an experienced team of seven nonunion employees is primed to streamline operations, with ownership available for a smooth transition period. The ownership is looking to pursue other interests and looks forward to seeing offers to this business with a solid foundation.