Retail Liquor Stores $13.2MM in sales

Excellent opportunity to acquire a chain of upper end retail wine, beer, and liquor stores in Kentucky. This business was started over 25 years ago and has grown from sales of less than $300,000 to over $13.2MM with 2009 sales projected to exceed $13.4MM All stores are free standing buildings owned by the liquor store owner. Average floor space is around 3,000 sq. ft. and each is in excellent condition, inside and out. All management is in place to ensure continued growth. Kentucky allows multiple store ownership and the local area is growing, opening up the possibility of additional stores in the near future. All buildings are free standing and owned by the owner. The insides are very nice and clean catering to middle to upper income clients. Excellent selection and displays. One building is divided with a second retail space also owned by the owner. This is currently in use. The area is growing and additional permits for liquor stores are available as of November 2009. New owner could start multiple new small stores in targeted areas of a few larger stores in high growth areas. The owner has past retirement age of 65 and is looking to spend time with his wife, children, and grand children.

Location: Kentucky

Asking Price: $1,000,000.00

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