Boutique Wine & Spirits Retail s/ Liquor License
Grand Rapids wine and spirits shop with gourmet food and liquor license
On NextCompany since September 1, 2026 (44 days)
Grand Rapids, MIEstablished 19834 FT + 5 PT employees
Business overview
This Grand Rapids, Michigan shop sells gourmet wine, upscale liquor, and imported beer. The store also stocks artisan cheeses, fresh deli items, and premium dry goods. Customers shop across three floors covering 6,400 square feet. The business has operated since 1983.
The shop generates $3,000,000 in gross revenue. Seller discretionary earnings total $430,000. The seller asks $1,320,000. Two store managers plan to stay after the sale.
Who is a good fit for this business
- Owner-operators who want a Grand Rapids wine and spirits shop with managers already in place.
- Buyers prepared to purchase $800,000 of inventory above the $1,320,000 asking price.
- Buyers who will operate the store rather than hold it absentee.
- Buyers seeking a gourmet food and beverage retailer with a liquor license.
Details
- Reason for selling
- Owner transitioning into retirement and other business ventures
- Real estate
- Owned, available separately
- Monthly rent
- $8,500
Frequently Asked Questions
Shoppers buy wine, spirits, and imported beer in Grand Rapids. The same store runs a gourmet food counter with artisan cheeses and a fresh deli. Premium dry goods sit on the shelves as well. The listing includes a liquor license.
Buyers see $3,000,000 in gross revenue on this listing. SDE cash flow stands at $430,000. The published asking price is $1,320,000.
The asking price includes furniture, fixtures, and equipment valued at $20,000. Buyers purchase inventory separately at a stated value of $800,000. Ownership of the building sits outside the business sale. Monthly rent is $8,500 for 6,400 square feet.
Four full-time employees and five part-time employees work at the store. Two experienced store managers will remain with the buyer. The owner works 20 hours per week. This is not an absentee-owned listing.
The owner is transitioning into retirement and other business ventures. The listing does not include seller financing. Buyers cannot relocate the shop from Grand Rapids.