Livingston County Liquor Store with Deli

Listing Price: $475,000

Asking Price: $475,000
Cash Flow: N/A
Gross Revenue: $1,080,922
FF&E: $200,000
Inventory: $200,000
Rent: Yes
Established: 1997

Business Description

Liquor Store & Deli with Minimal Competition

This liquor store is located on a main roadway with excellent visibility. It has been under the same ownership for over 26 years and has a loyal customer base. Gross sales for 2023 were $1,080,922.42 per 2023 tax returns provided by the seller (2024 Numbers coming soon). There is potential to grow sales with some creative marketing. The seller is ready to retire after 40-plus years in the industry.

This location has a full kitchen, a Broaster with a ventless hood, two Baker Pride ovens, a pizza prep table, and a 60-quart Hobart mixer. The seller does excellent business with walk-in customers and caters.

For more information, please call or text Nadir Jiddou at 248-220-3274.

Detailed Information

Location: Howell, MI

Inventory: Not included in asking price

Real Estate: Real Estate for Lease

Building SF: 3300

Lease Expiration: 2038-02-01

Employees: 2FT / 3PT

Facilities: This 3,300-square-foot building is located on a busy road. It has plenty of parking and a full kitchen. The rent is $3,120 per month gross (All-In).

Competition: Great location with minimal competition

Growth & Expansion: This is a great opportunity for a new owner to take over a well-established business with room for growth. The new owners can increase marketing to attract new customers.

Financing: Cash - SBA

Support & Training: The seller will be available to train after the closing as needed.

Reason for Selling: Retirement

Lease Info: $3,120 per month gross (All-In).