The Affordable Business Partner Providing Affordable, Practical & Confidential Business Selling Coaching, Marketing, Vetting and Business Selling Solutions for Family Business Owners. How can we help you? Central Alberta High End Liquor Store Investment Level: $ 699,000 (Plus inventory of 275,000) Type of sale: Asset Opportunity to purchase an absentee owner operated established Liquor Boutique in an Alberta city. Our client has spent considerable time and money over the last 8 years to increase clientele, retail sales and profits. For the buyer who is searching for an easy turn key business to learn and operate, this business provides an excellent return on investment. Add in the excellent location, extensive leasehold improvements, strong sales, with the owner only working 5 hours per week, buyers would be hard pressed to find a Liquor Store of this quality and value anywhere in Alberta. Simply put this business scores 5 out 5 in all areas important to buyers. Our client is willing to work and share lessons with the new owners to ensure many more successful years to come. Business at a glance Monthly lease costs: $ 4891.25 Common area costs: $1075 Time remaining on the lease: 10 years Gross sales: 2019 1,115,000 2020 1,772,000 2021 1,584,000** Normalized Net Income: 2019 45,000 2020 211,000 2021 199,000** **The change in sales in 2021 was due to a 4 month highway closure leading into the mall. Sales in 2022 are now back to 2021 levels. Vendor financing: Owner may consider some vendor financing Hours of operation: Sunday to Wednesday 10 am –11 pm Thursday 9am-11pm Friday & Saturday 9am-12pm Interested parties must also complete a Buyer’s Profile & NDA prior to financial and confidential information being released. Thank you.