Liquor Store with Real Estate in Detroit
Listing Price: $2,199,999
- Asking Price: $2,199,999
- Gross Revenue: $2,438,524
- FF&E: $100,000 (Included in asking price)
- Inventory: $200,000
- Rent: N/A
- Established: 2009
Business Description
Room to Expand
This Detroit liquor store was established in 1964 and has been under current ownership since May 2009. The 4,200-square-foot standalone building is on a busy road with easy in-and-out access and ample parking. Their 2023 sales were $2,438,524 (2023 Tax Returns) and lottery commission was $51,271. They offer check cashing, ATM services, and DoorDash.
The store has a newer HVAC system, and the compressors are new. The store offers a great variety of grocery items, which could be expanded to include frozen and hot foods.
The current hours are Monday through Thursday, 10am-1am; Friday and Saturday, 10am-2am; and Sunday, 11am-1am .
Detailed Information
Location: Wayne County, MI
Inventory: Inventory is not included in asking price.
Real Estate: Yes
Building SF: 4200
Employees: 6FTPT
Facilities: This 4,200-square-foot freestanding building is on a busy road. It has a shared parking lot and additional parking on the street side and behind the building.
Competition: The nearest competition is about one mile away, and the area is already built-out.
Growth & Expansion: A new owner could expand the store and add a walk-in cooler, frozen foods, and hot food options.
Financing: Cash or Bank Financing
Support & Training: The seller is willing to train a new owner.
Reason for Selling: Other business interests
- Listing ID: 54771
- BizBuySell ID: 2316847
