Elixir Spirits

4.7★★★★★(353 reviews)

5441 Main St, Spring Hill, TN 37174

Spring Hill, Tennessee, United States

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Business facts

Estimated annual revenue~$1.6M
Estimated employees~5
In business since2011
Estimate based on strong signals

Contacts

Area statistics (37174)

Population47,859
Median household income$96,200
Source: US Census ACS

About

Elixir Spirits, formerly known as Spring Hill Liquors, is the oldest liquor store in Spring Hill. They are dedicated to providing the best selection of wines and spirits and ensuring a top-notch shopping experience for their guests. With a wide range of products, including boutique bourbon, various vodkas, tequilas, and a selection of wines for all occasions, Elixir Spirits aims to be the friendliest destination for liquor, wine, and high gravity beer. They are also happy to accommodate special requests for products they may not currently carry. Elixir Spirits encourages their customers to drink what they like and to know what they are drinking, offering everything from everyday products to craft and boutique spirits, beers, and wines.

💳
Credit Cards
Apple Pay, Cash, Debit Card, NFC, Yes
🍽️
Dining Options
Delivery
🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Liquor Store, Wine Store, Beer Store.
ISIC Codes: 4722.

Market analysis

Earning above its category median in a stable category (Liquor Store).

EstimateCategory trend: 2024, +0.1%

Revenue trend (modeled)

~$1.1M2019
~$1.2M2020
~$1.4M2021
~$1.6M2022
~$1.6M2023
~$1.6M2024
Modeled from official industry statistics+8.6%/yr since 201980% confidence band: ±51%

Company profile

Legal formLimited liability company (LLC)
Incorporated2011 (TN)
Employees (reported band)13-17
Observed

Property

Lot size6.76 acres
CountyMaury
Parcel ownerSPRING HILL VILLAGE MARKETPLACE LLC
On this lotshared with 12 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Liquor Store in Tennessee1,005~$1.6B~$1.6M~$1.0M4.5★1.6×
Category revenue trend2024: +0.1%2023: +3.3%2022: +8.5%2021: +10.6%Modeled from business-level estimates
Chain pressure10 chains expanding in this category, led by XXX Cider Co., WIN Bubble Tea, D's Spirits & Wine (+23 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)69~$147.3M~$2.1M~$946.2K801~$46.4M1.7×
Wholesale and retail trade; repair of motor vehicles and motorcycles27~$98.3M~$3.6M263

1 km area (all businesses): median from the 62 of 69 businesses with estimates

Estimate

Area conditions (37174)

Population47,859 ±1,623
Median household income$96,200 ±$10,500
Median home value$387,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS
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