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Wolfgang5150
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Great information - so far the numbers on my deal look good. Reviewing further; will keep you posted. Thanks for the info. regarding BevMo.
Kevin S.
Kevin S.
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Free registration at the forum removes this block.Private Equity Firm? How much?
Tower Brook Capital Partners bought Bevmo a few months ago.
Any horror/success stories in regards to owing a liquor store?
I give them 2-3 years before some large conglomerate buys them for $450 million or some outrageous sum of money.
There is a guy here "MrDoctor" who I think is involved in BevMo, a private company that has boatloads of liquor stores on the west coast. The difference is, they are creating a recognizable brand that is atypical of liquor stories -- wide isles, bright lighting, heavy wine inventory and then replicating the stores.
They are doing everything right insofar as creating a brand, a system that can be replicated, and most importantly, providing quantity selection at a good price. <<<--- FASTLANE.
There is one in my neighborhood and it is always crowded and attracts a diverse clientèle, from the wine snobs to the guys looking to buy a kegger.
I give them 2-3 years before some large conglomerate buys them for $450 million or some outrageous sum of money.
Its a business I would have love to be invested in ... but MrDoctor didn't offer. :icon_fU:
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