DescriptionThis profitable Liquor Store and Smoke Shop in Baytown, Texas, offers a great opportunity for a new owner to step into a turnkey operation. With strong monthly revenue and a loyal customer base, the business operates smoothly and is currently run absentee, making it an ideal investment for someone looking for a business with minimal day-to-day involvement.
This is a high-margin business that generates solid revenue from liquor and smoke shop sales. The current owner is absentee, which means there is potential to further increase profits with hands-on management.
Financials:
Gross Revenue: $41,000 per month
Gross Profit Margin: 39%
Monthly Rent: $4,500
Monthly Payroll: $3,500
Key Features:
Established Business: Proven, consistent revenue with a loyal customer base.
Absentee Ownership: Currently run absentee, providing potential for increased profitability with active management.
Great Location: Located in a high-traffic area in Baytown.
Flexible Lease Terms: 3 years remaining with a 5-year option to extend.
Turnkey Operation: All systems and operations in place, ready for a new owner.
Why This Business?
This Liquor Store and Smoke Shop is a fantastic opportunity for an investor or owner-operator looking for a business with strong sales and steady cash flow. With a 39% gross profit margin and consistent revenue, the store is positioned for ongoing success. The absentee ownership setup means there’s ample opportunity for an active owner to take the business to the next level.