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Liquor Store - College Town, Washtenaw County, Asking $449,999

Liquor Store - College Town, Washtenaw County, Asking $449,999

College Town Liquor Store!
Washtenaw County, MI
Seller Financing Available

Asking Price: $449,999
Cash Flow: N/A
Gross Revenue: $1,470,889
FF&E: $200,000
Inventory: $250,000*
Real Estate: $400,000*
Established: 2002
*not included in asking price.

Business Description
Washtenaw County Liquor Store with Great Rental Income! ON A COLLEGE CAMPUS!

Great Opportunity in a Fantastic Area!
Gross Revenue for Liquor store $1,470,889 (2020)
Lottery Commission 2020 $47,182 (2020)

A total of FOUR different properties available! BUY ALL FOR $1,149,999!!! Below will give you the breakdown –

Business – $449,999
Real Estate for Business – $400,000
Restaurant – $250,000
Vacant Lot – $50,000

Seller has worked on plans to develop the site into a gas station and 14 apartments. This is located in the heart of CAMPUS.

Business – Includes Opportunity for High Volume Liquor Store $450,000 if purchased without Real Estate.

Liquor Store Property $400,000. Can not be purchased without Business.

Additional property of currently leased carry out restaurant generating rental income of $2,500 monthly

Additional Property of currently leased residential home generating rental income of $1,350 monthly

Also a Vacant Lot

Detailed Information

Location: Washtenaw County, MI
Inventory: Not included in asking price
Real Estate: Owned – Not included in asking price
Building SF: N/A
Employees: 7
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Stand alone building with established Liquor Stores in great area. Walking distance to area college campus!
Competition: This is one of the few liquor store on CAMPUS! GREAT PARKING!
Growth & Expansion: This store is run completely absentee. The owner had plans to expand and build a gas station on the property and build additional apartments.
Financing: $450,000 Down Payment, Amortized for 120 month @ 6%, Balloon at 60 months
Support & Training: Seller will be available to train for Liquor store for 14 days.
Reason for Selling: Relocation
Business Website: https://www.michiganbusinessbroker.com

  • Listing ID: 773

 Liquor Store

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