Liquor Store-Washtenaw County
Listing Price: $1,050,000
- Asking Price: $1,050,000
Business Description
The Keg Party Store
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 are 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: Ypsilanti, MI
Employees: 7FTPT
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.
Seller Financing Available: Yes
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
- Listing ID: 7964
- BizBuySell ID: 1864130