This is the chance to buy an established liquor retail store in the Austin metro area. The store sells spirits, wine, beer, mixers, sodas and tobacco products. The customers are commuters and residents within a three mile radius of this hyper growth area. The store is adjacent to a great anchor store. There is a planned community behind the store that could significantly increase traffic. The lease gives the store owner the exclusive right to have the only liquor store in the shopping center.
Reluctantly, the current owner has decided to focus on and grow his other business. The current owner believes that the right owner can really grow this location and get more traffic through reasonable efforts by getting more exposure through the city and university. Potentially, organic growth can be expected into the next decade.
The store started in 2014. It is a potentially attractive acquisition for a new owner for several reasons. The Seller has successfully built a brand around the business. A new, more involved owner could spend more time at the business, driving traffic to the location. A more ''hands-on'' approach will likely increase sales, according to the current owner. A new owner could also ramp up advertising efforts.

Posted Apr 1, 2016

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