#46: Liquor Store Making $1mm Gross/year

Author

Rahul I
January 20, 2024

👋 Hey fam!

Welcome to the 863 new people who have joined this week!

In this week’s issue:

  • 🛒 eCommerce - 1 listing

  • 🗄️ Traditional business - 2 listings

  • 🗄️ Traditional business - 2 listings

  • 🛒 eCommerce - 1 listing (off-market deal)

  • 🕵🏼‍♀️ Service - 1 listing (off-market deal)

  • ☁️ SaaS - 1 listing

Alright, Let’s explore!

Estimated Reading Time = 5 minutes

🚀 Startup Spotlight

Discover profitable online and traditional businesses.

💰 Asking Price: $825,000

Motivated Seller. Willing to exit below at 1x multiple (well below 3.2x industry multiple).

Owner wants to take chip offs the table, pay back debt, take care of family and begin next venture.

Type: eCom

✅ Key Highlights

  • $1,400,000 in TTM revenue

  • $744,000 in TTM profit

  • $20,000 in revenue last month

  • $7,000 in profit last month

🚀 Growth Opportunities

  • Product and Market Expansion: Consider introducing new supplement variations or complementary products to address different health and wellness needs. Goal here is to increase returning customer rate through new product drops.

  • Paid Ads: Leverage all the influencer content available. Use them to start running ads to a landing page and test conversion rate on landers.

🚩Cons

  • Paid Ads: While paid ads is an opportunity it’s also a very competitive environment to launch paid ads in. New owner needs to figure out target acquisition cost and work backwards from there.

💰 Asking Price: $275,000

Thriving liquor store in a prime neighborhood location in Houston's Magnolia.

Huge opportunities for scale with this neighborhood gem.

Seller is willing to offer two weeks of training after closing is complete.

Type: Traditional Business

✅ Key Highlights

  • $1,050,000 Gross Revenue

  • $180,000 in Cashflow

  • $90,000 in FF&E

  • $280,000 in Inventory

  • $7,200 in rent per month

🚀 Growth Opportunities

  • High-end liquor: Add new inventory of high-end liquor to the store to attract new customers.

  • Delivery App Service: Give the opportunity to deliver liquor to home/events. This can vary depending on state but is a good opportunity for growth + higher AOV orders.

💰 Asking Price: $1,500,000

True opportunity to grab a cash cow car wash & detail.

Step into a fully operational business that's already generating substantial income. This opportunity is perfect for investors seeking immediate returns. Current business gets over 2,000 customers per week with an absentee owner.

Type: Traditional Business

✅ Key Highlights

  • $1,000,000 Gross Revenue

  • $400,000 in Cashflow

  • $500,000 in Inventory

  • $10,500 in rent per month

  • SBA financing available

Business as a whole is a great opportunity for people that are looking for a cash flowing business. The main con mentioned by the owner is the fact that the Business Name, Branding, Marketing etc does not come with the sale price.

Which is rather confusing to not include, I’d negotiate this with the seller and figure out the reason to gate keep this.

🤌🏼 Thread Of The Week

Chris shares advice on who are the right people to follow in the M&A space and what events you should be attending to be around the right people and the right deals.

✍🏽 My Weekly Read

Here’s this week’s #1 FREE favorite newsletter we read to help us be better operators:

  • The Hustle - Where entrepreneurs, CEOs, business owners and professionals get their business and tech news. All of the day’s news is summed up in a digestible 5-minute read so you can stay-in-the-know and get on with your day.

How can we make our newsletter better?

Anonymous poll below and we’ll make sure to keep tailoring the listings our team hunts for!

What type of business would you like to see more of?

Login or Subscribe to participate in polls.

🕵🏼‍♀️ 5 more deals below for Paid Members

Enjoy a FREE 30-day trial on us and view this weeks deals and over 200+ deals we’ve prepared in the past.

Subscribe to Premium and acquire your first business

Become a paying subscriber of Premium to get access to this post and other subscriber-only benefits!

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Personalized one-on-one deal sourcing assistance
  • • Access To over 200+ Off Market Deals
  • • Membership in our investor and buyer network (slack)
  • • VIP invitations to private business acquisition mastermind and events
  • • Monthly deep dive deal analysis
  • • Priority support for due diligence, legal matters, and financing

Reply

or to participate.