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

Page: https://stenobird.com/podcast/biggerpockets-money-podcast-793498/both-own-liquor-stores-one-makes-300k-the-other-makes-2-5m-what-went-wrong
Text version: https://stenobird.com/podcast/biggerpockets-money-podcast-793498/both-own-liquor-stores-one-makes-300k-the-other-makes-2-5m-what-went-wrong.md
Podcast: [BiggerPockets Money](https://stenobird.com/podcast/biggerpockets-money-podcast-793498)
Published: 2026-09-04T04:00:00+00:00
Episode link: https://pscrb.fm/rss/p/rss.art19.com/episodes/57bd458d-374b-4b8a-9ca2-4ab9e9994b58.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
Audio file: https://pscrb.fm/rss/p/rss.art19.com/episodes/57bd458d-374b-4b8a-9ca2-4ab9e9994b58.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
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Duration seconds: 3208

## Resource

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/RealEstateRookie Connect with Tim Delaney: Business Buying for Financial Independence: https://open.spotify.com/show/2kBagDg0jmHwOmPJggAnGH?si=525c0e8e64dd4136 We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

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