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- #41: Liquor Store w/$4.1m in Gross Revenue
#41: Liquor Store w/$4.1m in Gross Revenue
Rahul I
December 17, 2023
Today's Sponsor
👋 Hey fam!
Welcome to the 112 new people who have joined this week!
In this week’s issue:
🗄️ Traditional business - 2 listings
🛒 eCommerce - 1 listing
🗄️ Traditional business - 2 listings
🛒 eCommerce - 1 listing
✍🏽 Content - 1 listing
☁️ SaaS - 1 listing
Alright, Let’s explore!
Estimated Reading Time = 5 minutes
🚀 Startup Spotlight
Discover profitable online and traditional businesses.
💰 Asking Price: $6,200,000
A highly successful Liquor Store located in Nassau, Long Island, which boasts impressive financials and includes the property.
This is an extraordinary chance to acquire a thriving business with a remarkable net cash flow of $650,000 and a gross revenue of $4.1 million in retail wine & liquor sales
Type: Traditional Business
✅ Key Highlights
$4,100,000 in Gross Revenue
$675,000 in Cash Flow
$750,000 in Inventory
🚀 Growth Opportunities
Wine selection: There’s room for growth by expanding the wine selection and the type of drinks available in the store based on the current location and foot traffic.
Events: Opportunity available around hosting and sponsoring local events to get into the B2B space and catering events.
💰 Asking Price: $3,850,000
RARE OPPORTUNITY to get into this coveted franchise brand in the hot and very profitable DFW market. Turn key multi-unit businesses with a Director of Operations, Area Manager, General Managers, Shift Leads, and experienced Bakers.
Type: Traditional Business
✅ Key Highlights
$3,400,000 in Gross Revenue
$910,000 in EBITDA
$100,000 in Inventory
$950,000 in FF&E
🚀 Growth Opportunities
Location Expansion: Current owner has 2 undeveloped territory rights for future growth. New owner can step in and look at reinvesting profit towards these new locations.
Social Ads: New owner can look at expanding growth for the online business and building a team around this. Invest in running a small batch of ads towards location regions.
In Partnership With eVouch
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On average, we've seen 3.5% of all customers actively posting stories about their purchases. That's organic reach that you can't put a price on!
What's the secret sauce? The app provides discounts to shoppers to share their experiences through Instagram stories, making it a win-win for both the customer and the brand. Customizable templates make it effortless for your customers to create visually appealing stories that align with your brand's aesthetic.
Don't just take my word for it; experience the eVouch effect for yourself. Trust me, you'll wonder how you ever managed to grow your brand without it.
I don’t have a discount code for it right now but Alonzo told me that all brands who come in through me are eligible for a 1 month free trial (instead of the regular 2 weeks), priority support, and free creative design by their in-house designers.
Feel free to book a call with Alonzo here
💰 Asking Price: $3,600,000
The business is currently experiencing explosive growth, largely driven by strategic partnerships with GNC and Gold's Gym. These transferable contracts are instrumental in their business's value.
Additionally, untapped growth avenues include establishing an Amazon online sales channel. With all website traffic to date being organic, the potential for sales augmentation through online marketing is significant.
Type: eCom
✅ Key Highlights
$5,500,000 in Gross Revenue
Collaborative relationships with 2 big gyms
🚀 Growth Opportunities
Amazon: With all website traffic to date being organic, the potential for sales augmentation through Amazon is huge. Majority of consumers will look for the same product on Amazon so it’s a perfect time to make sure you’re at the right place.
Retail: Start reaching out to retailers like other gyms to feature your product in their gyms. After closing two big gyms this growth route should be a no brainer.
🤌🏼 Thread Of The Week
Different thread then the usual ones I drop here. But some great advice in the comment section for Nolan!
I run a 6M landscaping company.
We are buying a 2.5M competitor.
Close in a few weeks.
What advice do you have for me about managing the transition for their employees?
— Nolan Gore | SMB Leadership Guy (@LeadershipAcad1)
11:05 AM • Nov 20, 2023
✍🏽 My Weekly Read
Here’s this week’s #1 FREE favorite newsletter we read to help us be better operators:
Caveminds - Join 10,000+ founders getting actionable, weekly golden nuggets that are tailored to make your business more profitable, efficient, and grow.
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