Buying a Liquor Store in Calgary Alberta

🔎 Why Buy a Liquor Store in Alberta?

✅ Privatized Market: Alberta is the only province in Canada with a fully privatized liquor retail system, giving store owners more flexibility in pricing, inventory, and operations.

✅ Stable Cash Flow: Liquor stores provide reliable income due to steady consumer demand year-round.

✅ Diverse Inventory Options: You can carry products tailored to your community, from popular domestic brands to unique international selections.

✅ Growth Potential: Opportunities to expand with multiple locations or by enhancing your current store with tasting sections, event hosting, or premium offerings.

Invest in Liquor Stores

Discover essential insights and strategies for purchasing a liquor store in Alberta, ensuring a profitable and sustainable business venture.

🏬 Key Considerations Before Buying a Liquor Store

1. Location & Demographics

   • Foot traffic, nearby residential density, and competition directly affect sales.

   • Understand the community’s preferences (e.g., high-end wine vs. value beer buyers).

2. Licensing & Regulations

   • Liquor Store Licence from AGLC (Alberta Gaming, Liquor & Cannabis) is mandatory.

   • Ensure compliance with zoning laws, proximity rules (minimum distance from schools and other liquor stores), and operational regulations.

3. Financial Performance

   • Review the store’s financial statements (at least 2-3 years), including gross sales, net profits, and inventory turnover.

   • Assess operating expenses such as rent, utilities, staffing, and insurance.

4. Inventory & Supplier Contracts

   • Understand current inventory value and turnover rates.

   • Review supplier relationships and terms to ensure smooth transition post-purchase.

5. Lease Terms or Property Ownership

   • Evaluate lease length, renewal options, and rent rates if the store is in a leased location.

   • If buying the building as well, consider property condition and zoning compliance.

6. Staff & Operations

   • Know who the current employees are and whether they will stay on after the sale.

   • Review operational processes and any required staff certifications (e.g., ProServe training).