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Listed by:

Armen Nazarian Business Brokers

Liquor Store In Suburban Wayne County For Sale

Wayne County, Michigan, US
Asking Price:
$250,000
Sales Revenue:
$676,000
Cash Flow:
Not applicable

This is a great opportunity to own a nice-volume Liquor Store in Suburban Wayne County w/wo 4-unit Strip Center. This neighborhood store is located on a highly traveled road averaging $13,000+ in weekly sales and surrounded by plenty of residential and commercial properties. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding Lotto, hot foods, website, cigar humidor, check cashing and western union, you have HUGE potential to the gross sales. Owner just replaced the outside canopy awning. This store gave the owner a nice lifestyle and income and now wants to move in a different direction. Store can be bought alone or with the 4-unit strip center. Turn-key store only needing a new owner/operator with unlimited potential. A must see/must have business that will not last long. Owner will train!!
ATM Commission: $1,800

Property Information

Real Estate:

Lease

Premises Details:

This is a great opportunity to own a nice-volume Liquor Store in Suburban Wayne County w/wo 4-unit Strip Center. This neighborhood store is located on a highly traveled road averaging $13,000+ in weekly sales and surrounded by plenty of residential and commercial properties.

Size in square feet:
3,000

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding Lotto, hot foods, website, cigar humidor, check cashing and western union, you have HUGE potential to the gross sales. Owner just replaced the outside canopy awning. This store gave the owner a nice lifestyle and income and now wants to move in a different direction. Store can be bought alone or with the 4-unit strip center.

Reasons for selling:

Other Business Interest

Employees:
3
Years established:
65

Other Information

Support & training:

seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$250,000 with $100,000 down. 8% int., amortized over 120 months, balloon due in 60 months

Inventory / Stock value:
$125,000