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Listed by:

Transworld Business Advisors of Romulus

Established Convenience And Liquor Store In Michigan For Sale

Wayne County, Michigan, US
Asking Price:
$695,000
Sales Revenue:
On request
Cash Flow:
On request

Established in 1991, this Wayne County, Michigan convenience store offers an opportunity to acquire a long-standing retail business with an asking price of $695,000. The store offers beer, wine, liquor, snacks, food, and ice cream, with an existing liquor license highlighted in the listing.

The business provides customers with a convenient location for everyday essentials, refreshments, and food purchases. Its varied product range offers multiple sales opportunities within a single retail operation.

Situated in Wayne County, the store benefits from a location described as having thousands of residential and commercial motorists passing daily. This roadside exposure provides visibility to local customers and passing traffic.

An additional opportunity exists to introduce a fast-casual restaurant at the location, potentially broadening the food offering and creating another revenue stream. The business currently has two employees, and the seller is retiring.

The advertised sale includes furniture, fixtures, and equipment valued at $30,000 and inventory valued at $50,000, although their inclusion in the asking price requires confirmation. Reported sales and seller's discretionary earnings are both listed as $0 and should be verified with the seller.

Enquire today for further information about this established Michigan convenience store, its liquor license, financial records, and expansion opportunities.

Property Information

Location:

Located in Wayne County, Michigan, this established convenience store occupies a roadside location described as benefiting from thousands of passing residential and business motorists daily.

The store serves customers seeking beer, wine, liquor, snacks, food, ice cream, and everyday essentials.

Premises Details:

The existing premises accommodate a convenience store offering alcoholic beverages, snacks, food, and ice cream.

The seller identifies the location as suitable for potentially adding a fast-casual restaurant.

Furniture, fixtures, and equipment are valued at $30,000. Specific premises dimensions, layout, and property arrangements are not provided.

Business Operation

Expansion Potential:

The seller identifies an opportunity to add a fast-casual restaurant to the existing convenience store location.

This could expand the food offering alongside the store's current selection of beer, wine, liquor, snacks, food, and ice cream.

The location's reported daily passing traffic provides potential exposure for additional food services.

Any restaurant development would be subject to the necessary approvals and suitability of the premises.

Reasons for selling:

Retirement.

Employees:
2
Years established:
35 years

Listed by

Transworld Business Advisors of Romulus