This is a great opportunity to own a high-volume Liquor Store with Property and attached (2) 1-bedroom apartments in Suburban Wayne County. This 1,700 sq ft neighborhood store is located on a highly traveled road averaging $18,000 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 hot foods, website, cigar humidor, check cashing and Western Union, you have HUGE potential to the already high volume. Owner just recently replaced the HVAC for the store and both apartments along with the walk-in cooler condenser. This store gave the owner a great lifestyle but his health forces sale. Turn-key store only needing a new owner/operator with unlimited potential. A must see/must have business that will not last long or disappoint. Owner will train!!
Lotto Commission: $20,000 yearly ATM: $500-$600 monthly Apartment Rents: $1,450 monthly total (Rents need to be increased to current market rental rates)
- Asking Price:
- $225,000
- Sales Revenue:
- $900,000
- Cash Flow:
- $180,000
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
This is a great opportunity to own a high-volume Liquor Store with Property and attached (2) 1-bedroom apartments in Suburban Wayne County. This 1,700 sq ft neighborhood store is located on a highly traveled road averaging $18,000 in weekly sales and surrounded by plenty of residential and commercial properties.
- Size in square feet:
- 1,700
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding hot foods, website, cigar humidor, check cashing and western union, you have HUGE potential to the already high volume. Owner just recently replaced the HVAC for the store and both apartments along with the walk-in cooler condenser. This store gave the owner a great lifestyle but his health forces sale.
- Reasons for selling:
-
Health
- Employees:
- 3
- Years established:
- 29
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Business: $225,000 with $99,000 down. 8% int., amortized over 84 months
Building: $250,000 with $99,000 down. 8% int., amortized over 84 months
- Inventory / Stock value:
- $100,000
