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Listed by:

Armen Nazarian Business Brokers

Market And Grocery Store In Suburban Wayne County, MI For Sale

Michigan, US
Asking Price:
Under $100K Furniture / Fixtures included
Sales Revenue:
$500K - $1M
Cash Flow:
Undisclosed

This is a great opportunity to own a Beautiful Market & Grocery Store in Suburban Wayne County, MI. Established in 2018, this 2,880 sq. ft. specialty market is located on the high-traffic intersection, surrounded by dense residential and commercial properties. This market currently offers an impressive selection of Indian and Pakistani specialty products including hard-to-find pantry staples, specialty sauces, imported snacks, and an extensive frozen/fresh food section. A new owner can either keep the market concept or change it. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with online ordering, catering to local cultural events, and joining the Chamber of Commerce, you have HUGE potential. Built out perfectly for an Asian, Middle Eastern, Hispanic, or Health Focused Market. This is a must see/must have business that will not last long! Inventory does not need to be purchased with the sale. Health forces sale. Potential to expand another 2,500 sq. ft. into the adjacent unit for lease.

Property Information

Real Estate:

Lease

Lease Terms:

New Lease Required

Leasehold Rent:

$6,000 per annum

Location:

This is a great opportunity to own a Beautiful Market & Grocery Store in Suburban Wayne County, MI. Established in 2018, this 2,880 sq. ft. specialty market is located on the high-traffic intersection, surrounded by dense residential and commercial properties.

Size in square feet:
2,880

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

A new owner/operator with some creative advertising/marketing along with online ordering, catering to local cultural events, and joining the Chamber of Commerce, you have HUGE potential.

Reasons for selling:

Sellers health forces sale

Trading hours:

7 Days / 10am-8pm

Employees:
2 FT / 1 PT
Years established:
2018

Other Information

Support & training:

Seller will help train

Inventory / Stock value:
$70,000

Listed by

Armen Nazarian Business Brokers