High Margin High End Liquor Store
Listing: #CS00274About this Business for sale in Queenstown-Lakes
High Margin High End Liquor StoreThis very successful and well known business has established a unique role in the Wanaka hospitality and retail space. You will always be presented with a warm welcome, an extensive range of fine wines, a sensational library of whiskey / whisky, a fantastic range of Gin, local, national and international craft beers, quality advice and very often some witty banter for which there is no charge.
The present owners have developed this niche and have quietly become the go to place for a quick drink after work, a great place to meet friends, to enjoy après ski, or just kick back and enjoy time out. This business is season independent and well supported by locals, returning holiday makers, national and international visitors alike with the capacity to seat 20 outside and approximately 40 inside.
The business is well managed and has demonstrated strong continued revenue and profit growth year on year. What makes this business stand out are the blend of sales revenues across, Off Sales, On Sales, Weddings and Function Services with gross margins are at the upper end of this sector.
For further information contact the broker and be quick as this business will attract strong interest.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.