Liquor Store Lapeer County
Listing Price: $175,000
- Asking Price: $175,000
Liquor Store Lapeer County - Management In Place
Turn-Key Liquor Store - Great Lease
This is a Lapeer County liquor store with a great staff operating the business for the current owner. The owner does oversee the business but does not run any shifts. New owners can treat this like an investment to generate extra income or operate the store themselves, reduce the payroll and increase the profits. The lottery alone generates $34,422 in commission and has room for improvement. The rent is only $950 per month and there is room to expand the store if the other tenant vacates the adjacent unit. Lease expiration to 3/31/2024 (3 additional 5 year terms). Please get in touch with Nadir Jiddou at 248-220-3274
Real Estate: N/A
Lease Expiration: 2024-03-31
Facilities: This is an easy-in and an easy-out type of convenience store with Liquor. All equipment is in good working condition, and the Liquor license is included in the sale.
Growth & Expansion: A new owner could increase social media advertising to attract new customers, and there is room for expansion if the other tenant does not renew their lease. The new owner could add more items to increase sales by expanding the store’s square footage.
Financing: Cash or SBA Financing
Support & Training: The seller will train for up to 7 days at no additional charge if needed.
Reason for Selling: Other interests