Updated Party Store
Listing Price: $499,999
- Asking Price: $499,999
- Cash Flow: $84,855
- Gross Revenue: $408,257
- FF&E: $150,000
- Inventory: $100,000
- Rent: N/A
- Established: 1985
Neighborhood Store with Great Potential
For more information, please call or text Nadir Jiddou at 248-220-3274.
This party store has great potential for a new owner to expand the business. The current owner has been there for 38 years and has made many improvements. The store offers groceries, a deli counter, beer and wine, lottery, and other household items. To increase sales dramatically you could add a liquor license. It's been updated with lots of new equipment, including a new compressor with a condensing unit, an AC unit, 3 brand-new freezers, and a backup generator. They also have a kitchen with a pizza oven and can make subs and serve hot food. They are currently not utilizing the kitchen, so a new owner could grow the business by serving hot food.
A restaurant license is included, and a liquor license could be added to attract more customers.
For more information call or text Nadir Jiddou at 248-220-3274.
Location: Wayne County, MI
Real Estate: Yes
Building SF: 2400
Employees: 2FT / 2PT
Facilities: 2,400 square-foot building with kitchen, pizza oven with 2 stone racks and warmer, a deli counter with 2 slicers, restaurant license, new LED lighting, 3 brand new 8 foot freezers.
Competition: It is located on a busy road with minimal competition nearby.
Growth & Expansion: A new owner could expand the business by continuing to market within the community, bringing in hot food, preparing deli sandwiches and/or pizzas, and adding a liquor license.
Seller Financing Available: No
Support & Training: Seller will provide training at no additional cost to the buyer.
Reason for Selling: Other Commitments