This is an established liquor store that changed hands about 2 years ago. The new owner has increased sales by over 30%, has shown growth nearly every month and has dramatically raised the bottom line. It is a clean well-presented store that has real followers. The value of each purchase has increased as has the daily customer count due to the store’s App and Website marketing. This store competes extremely well compared to all the other current listing for Liquor Stores for Sale in Denver on both top line relative to asking price and bottom line multiple. This is a Great Opportunity for a buyer wanting the best opportunity to buy momentum, reputation and a smooth transition. The current owner’s historical business of 20 years has demands that have taxed his ability to manage both. It was not his expectation but it has become his reality.
A word about use of proforma numbers – The proforma numbers are based on actual 7-month P&L figures which will be available to qualified prospects. They are updated monthly, and they show gains every month. The numbers may turn out be quite conservative based on YOY and month to month growth.
Asking Price: $577,000
Proforma Gross Revenue: $1,530,000 – Actual 7 month Gross: $903,962
Proforma 2022 SDE $179,800 – Actual 7 month SDE $112,172