Liquor Store With Real Estate On Busy Highway
Listing Price: $899,999
- Asking Price: $899,999
- Cash Flow: N/A
- Gross Revenue: $997,909
- FF&E: $250,000
- Inventory: $150,000
- Rent: N/A
Business Description
Liquor Store With Real Estate On Busy Highway
Turn-Key Operation With Great Potential
This is a great opportunity to own a turn-key liquor store in the Redford Township! The store has been there for over 30 years and has room for improvement. The current owner has multiple locations and is looking to focus on his businesses closer to his home. New owners could increase hours and marketing to improve sales. The gross sales for 2021 were $997,909 (2021 tax returns), and the lottery commissions were $63,739 (2021 tax returns). The real estate is included in the $899,999 asking price. For more information, call Nadir Jiddou at 248-220-3274.
Detailed Information
Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: Yes
Building SF: 2000
Employees: 2FT / 3PT
Facilities: 2000 SQ/FT building with excellent visibility off of the main road. The store also has an LED marquee sign.
Competition: There are competitors, but this store has been serving the neighborhood for over 30 years and continues to grow its business year after year.
Growth & Expansion: The owner is absentee, and sales could increase dramatically with an owner-operator. Increasing hours and marketing will also help improve sales.
Seller Financing Available: Yes
Financing: Seller financing available for qualified buyers
Support & Training: The seller will train for up to 14 days.
Reason for Selling: Logistics
- Listing ID: 19774
- BizBuySell ID: 2175215