BevMo
CRE Intelligence
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About BevMo
BevMo! is a prominent beverage retailer in the western United States, specializing in a wide array of wines, spirits, beers, and related accessories. The company began its journey in 1994 in Concord, California, and quickly became a popular destination for both casual shoppers and beverage enthusiasts. Over the years, BevMo! expanded its reach beyond California, establishing a significant presence in Arizona and Washington. As of November 2025, BevMo! operates 161 stores, with the majority located in California, reflecting its focus on high-density, affluent urban and suburban markets.
The stores are known for their spacious layouts, typically ranging from 8,000 to 12,000 square feet, offering a curated selection of products. Customers appreciate the knowledgeable staff and the engaging in-store tasting events. BevMo! has embraced an omnichannel approach, providing a seamless shopping experience through its robust e-commerce platform. This allows customers to conveniently order online for either in-store pickup or home delivery, a service that gained significant traction during the COVID-19 pandemic and continues to contribute to the company's sales growth.
A pivotal moment in BevMo!'s history came in November 2020 when it was acquired by GoPuff, a digital delivery platform. This acquisition has enhanced BevMo!'s capabilities in technology and last-mile delivery, positioning the brand at the forefront of traditional retail and on-demand convenience. The integration with GoPuff has allowed BevMo! to expand its delivery services and optimize its existing locations for omnichannel fulfillment.
BevMo!'s established reputation and hybrid retail model make it a significant player in the beverage retail sector. The company's ongoing investment in new store openings, particularly in high-traffic urban and suburban areas, demonstrates its commitment to growth and adaptability in a competitive market. For commercial real estate professionals, BevMo!'s solid financial standing, flexible store formats, and focus on prime locations make it a valuable anchor tenant and co-tenant.
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