Liquor Store in Wayne County
Listing Price: $349,999
- Asking Price: $349,999
- Gross Revenue: $500,000
- FF&E: $100,000
- Inventory: $150,000
- Rent: $2,500
Business Description
Standalone Building on 1/2 Acre Lot
This party store has everything in place for a new owner. The current owner is ready to retire after 30 years. The freestanding building is 2,040 square feet and sits on a half-acre. It is on a busy road with easy in-and-out access, making it ideal for this party store. A new roof ($9k) and brand-new compressors for the cooler ($10k) were added. The owner will consider selling the real estate to a qualified buyer.
A new owner can grow the business by being there for longer hours. The current owner works between 20-25 hours weekly. Adding check cashing and advertising could also help grow the business.
The current hours are Monday through Thursday, 10am-10pm; Friday through Saturday, 10am-12am; and Sunday, 12pm-10pm .
Rent is $2,500/month, including Triple Net.
Insurance is $4,300/annually.
Taxes are $5,700/annually.
ATM commission is $3.75 per transaction.
Detailed Information
Location: Wayne County, MI
Inventory: Inventory not included in asking price
Building SF: 2040
Employees: 1FT / 2PT
Facilities: This freestanding 2,040-square-foot building is on a busy four-lane road. It has 9 parking spaces and 0.25 acres of empty land.
Competition: Closest competition is ½ mile away.
Growth & Expansion: Advertising, expanding floor space, adding check cashing, and working more hours may help grow the business.
Financing: 30% down and terms negotiable for qualified buyer
Support & Training: Seller is willing to train a new owner.
Reason for Selling: Retirement
Lease Info: Lease includes Triple Net
- Listing ID: 54620
- BizBuySell ID: 2294295
