PENDING - Liquor Store Next To A Manufacturing Plant

Listing Price: $349,999

Listing Type: Liquor Store Convenience Store Supermarket Specialty Store

Pending

Asking Price: $349,999
Gross Revenue: $923,152
Inventory: $150,000
Rent: Yes
Established: 2005

Business Description

Liquor Store In Wayne County

This is an excellent opportunity to take over a successful store that's in an up-and-coming area in
Detroit. It is located next to a recently updated automotive plant with 2,500 employees. The owner built this store and has been running it since 2005. He is ready to retire and pass this turn-key store to a new owner. Currently, the owner has shortened hours and closes early on Sundays. Please email us at TEAM@MIBIZBROKER.COM for more information.

Seller Financing available for qualified buyers: $100,000 down payment amortized for 84 months at 8%

ATM generates $1,000 monthly, and check cashing generates $3,000 monthly. This store could quickly increase sales by extending their hours and adding groceries to this 4,500 sq ft building.

Detailed Information

Location: Wayne County, MI

Inventory: Inventory NOT included in asking price

Real Estate: No

Building SF: 4500

Employees: FT / 2PT

Facilities: 4500 sq ft building is located on a busy roadway and sits right across the street from a 24-hour car assembly plant that attracts a lot of business. Large parking lot with plenty of parking spaces.

Competition: Normal competition in the area.

Growth & Expansion: Continue to market within the community and utilize all forms of social media. The possibility of adding a small-scale grocery store could help increase business and sales.

Seller Financing Available: Yes

Financing: $100,000 down payment amoritized for 84 months at 8%

Support & Training: The seller will provide training.

Reason for Selling: Retirement