Profitable MS. Gulf Coast Liquor and Wine Store

Description

Liquor and wine store for sale on the Mississippi Gulf Coast. The business opened in 2021 and has developed a repeat local customer base.

Products

• Full selection of liquor
• Wide variety of wines
• Recognized national labels
• Products across multiple price points

Customer base

The seller reports strong customer satisfaction and repeat business since the store opened.

Operations

The store is already operating with inventory, supplier relationships and retail systems in place. Buyers should review current staffing requirements and the amount of owner involvement needed to run the business.

Buyer review

Buyers should verify historical financials, gross margins, inventory levels, inventory aging, supplier terms, lease or property terms, equipment ownership and working-capital requirements.

Alcohol licensing should also be reviewed carefully. Any required state or local liquor licenses, permits and approvals should not be assumed to transfer automatically to a new owner.