Both Own Liquor Stores. One Makes $300K. The Other Makes $2.5M. What Went Wrong?

About this episode

In this episode, Ashley Kehr and Tim Delaney share their very different experiences owning and operating liquor stores, from starting a business during COVID to buying an existing store and dealing with the realities of employees, cash flow, inventory, suppliers, and day-to-day management. They break down what it takes to build a profitable liquor store, how to source rare bourbon and whiskey, why standard operating procedures are critical, and the costly lessons that can come from poor financial oversight and business management. Whether you’re interested in buying a small business, starting a liquor store, entrepreneurship, retail business, or building passive income, Ashley and Tim offer practical lessons on turning a small retail business into a more scalable and profitable operation. To go beyond the podcast: • Interested in a Flat Fee Financial Planner? Go to https://biggerpocketsmoney.com/fipro/ • Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets Connect with Ashley Kehr: • Social: https://www.instagram.com/wealthfromrentals/ • Website: https://www.ashleykehr.com/ • Real Estate Rookie: https://www.youtube.com/c/RealEstateRo