Manhattan, Pottawatomie County, Kansas, United States
Asking Price$275,000
Revenue$1,312,258
EBITDA-
Cash Flow$104,712
Description
Opportunity to acquire a well-established liquor store located in a high-visibility retail corridor in Manhattan, Kansas. The business has operated for almost 20 years and benefits from approximately 80% repeat customers, strong local brand recognition, and a solid operational structure.
The store offers a broad mix of wine, spirits, beer, and accessories across multiple price points and demographics, creating consistent recurring revenue and strong customer traffic. The business is positioned near a major highway with over 22,000 vehicles per day and benefits from adjacent destination traffic.
Highlights include:
• Estimated Inventory Included: ~$200K
• Ideal for an owner-operator to run the day-to-day business
• Strong Repeat Customer Base
• The business operates from 2,567 sq. ft. with a monthly rent of $4,600, including taxes and insurance, with no CAM charges
• Established Rewards & Loyalty Program
• Growth Opportunities Through Expanded Marketing, Delivery, Online Ordering, Wholesale Accounts & Additional Retail Space
• Approximately 2,500 sq. ft. expansion opportunity adjacent to the existing store
The business operates from a leased retail location with favorable visibility and accessibility. Owners are selling to downsize and retire.
Real Estate
Rent is $4,600 per month
Building Size: 2567 sq. ft.
Inventory
$200kIncluded in Asking Price
Number of EmployeesFull-Time: 8
Year Established
2007
Reason Selling
Retirement
Facilities & Assets
Operations run from a 2,567 sq. ft. storefront. Monthly rent of $4,600 includes taxes and insurance, with no CAM, and the lease runs through 12/31/2028, with renewal available and landlord assignment consent obtainable.
Support & Training
Defined Handoff: Thirty days of unpaid transition support provide a clear post-close handoff window for store context and operating continuity.
Manager Continuity: Manager-led daily operations cover ordering, receiving, POS processing, expense payments, scheduling, payroll oversight, and customer-service issues, reducing knowledge concentration during the handoff.
Market & Competition
There are approximately 15 other liquor stores in this town, which is primarily a college town.
Growth Opportunities
Email Activation: More frequent targeted offers to the rewards customer database can increase visit frequency and basket size through an existing direct channel.
Rewards Program: Expand and further develop the customer rewards/loyalty program to increase repeat business, customer retention, and overall sales traction.
Nearby Development Capture: Expected nearby developments, including an outdoor volleyball facility, can create incremental area traffic and support additional store visits.
Expansion Opportunity: Additional 2,500 sq. ft. available for future growth, allowing for expanded retail offerings such as a meat department, specialty products, or additional inventory space.
Online Ordering & Delivery Expansion: Opportunity to increase revenue and customer convenience through enhanced online ordering and local delivery services.
Wholesale Growth Potential: Ability to expand wholesale relationships and distribution channels to drive additional recurring revenue and market reach.