PENDING - Market with Liquor in Shiawassee County

Listing Price: $99,999

Listing Type: Liquor Store Convenience Store Supermarket Specialty Store

Reduced Pending

Asking Price: $99,999
Gross Revenue: $2,258,449
FF&E: $100,000
Inventory: $150,000
Rent: Yes
Established: 2017

Business Description

Market with Room for Growth

Motivated Seller!

This is a great opportunity to buy a market doing great numbers with liquor. Their gross sales for 2022 were $2,258,449. The market offers a variety of meat, produce, deli, liquor, beer and wine. The current owner has been there for 7 years but he has been absentee due to other business interests. A new owner/operator could improve the business by improving service and increasing inventory. Expanding grocery items, check cashing, ATM and Money Gram could also help grow the business.

Seller Financing is available for qualified buyers.

Detailed Information

Location: Shiawassee County, MI

Inventory: Not included in asking price

Real Estate: N/A

Building SF: 12000

Employees: 5FT / 5PT

Facilities: This market is located on a highly traveled road. The 12,000 sq ft store is located on a corner surrounded by plenty of residential and some commercial properties with plenty of parking.

Competition: There is no competition; this is the only market in the area.

Growth & Expansion: A new owner/operator can grow the business with some creative advertising/marketing along with expanding on groceries, fresh fruits & vegetables, adding a website, check cashing, ATM, and Money Gram.

Seller Financing Available: Yes

Financing: $100,000 Down, Amortized for 60 months at 8%

Support & Training: The seller will provide training at no expense to the buyer.

Reason for Selling: Other business commitments

Lease Info: $6,000/monthly