Charleston, Charleston County, South Carolina, United States
Asking Price$50k
Revenue$135k
EBITDA-
Cash Flow-
Description
Business Description
This liquor store, located on a busy highway in North Charleston, SC, is now available for sale. With a solid foundation and an established customer base, this business presents a prime opportunity for either an existing business looking to expand or a first-time owner eager to enter the market. While the store has not yet achieved strong financial performance, it is well-positioned for growth with the right vision and management.
Key Highlights:
Growth Potential: With the right owner, this store is poised for significant growth. Opportunities abound to enhance profitability through strategic marketing, community engagement, and improved operational efficiencies.
Established Customer Base: Although not yet a loyal customer base, the store has an established clientele that can be nurtured and expanded upon. Focused efforts to improve customer relationships and engagement can yield positive results.
Prime Location on High-Traffic Highway: Situated on a major highway, the store benefits from excellent visibility and accessibility, attracting both local customers and passersby. The surrounding area includes residential neighborhoods and commercial establishments, providing a constant stream of foot traffic.
Room for Product Expansion: Currently, the store offers a variety of beer, wine, and spirits, but there is ample opportunity to diversify the product selection. Adding more unique and popular items could significantly enhance customer interest and sales.
Minimal Staffing Requirements: The store can operate efficiently with minimal staff, making it an ideal investment for those looking to manage a business without a large team. This allows for lower overhead costs and greater flexibility in operations.
This liquor store represents an excellent investment opportunity for an entrepreneur or an experienced retailer looking to step into a business with a solid foundation and significant growth potential. The owner is committed to ensuring a smooth transition and will provide necessary support during the changeover.
Real Estate
Leased
Building Size: 1600 sq. ft.
Furniture Fixtures & Equipment
$10k
Inventory
$25kIncluded in Asking Price
Business is
Absentee Owner
Number of EmployeesFull-Time: 1
Year Established
2019
Reason Selling
Professional interest and other vocational endeavors.
Facilities & Assets
Additional Note: The sale includes all furniture and fixtures necessary for the operation of the store. These items will be discussed in detail during the discovery phase to ensure a clear understanding of what is included in the purchase.
Support & Training
Owner is available for support & training. Duration: Negotiable based on the new owner-operator needs.
Market & Competition
The liquor store market in Charleston, SC, presents a strong opportunity, fueled by a growing population and tourism. Competitive rivalry is moderate, enabling new entrants to carve out niches alongside established players. With consumer preferences shifting toward craft beverages, this market is poised for significant growth for a motivated owner.
Growth Opportunities
Charleston's liquor store market is ripe for growth, driven by a rising population and tourism. Opportunities include: -Product Diversification: Expand to craft beers and premium spirits to attract diverse customers. -Community Engagement: Host events and tastings to build local loyalty. -Online Presence: Implement online ordering and delivery services for convenience. -Targeted Marketing: Promote local events and utilize social media to drive traffic.
Financing Options
Seller financing is available.Negotiable.
Asking Price$50k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.