File Number-#0829 | Location-Wayne County, MI | Gross Sales-$900,000 | Cash Flow-$180,000 | Business Price-$225,000 | Down Payment-$99,000 | Monthly Payment-$1,963.86 | Interest Rate/Amortization-8% int., amortized over 84 months | License Required-Sales, SDM, SDD, Lotto | Inventory Value-$100,000 | Employees Full Time-2 | Employees Part Time-1 | Date Established-1997 | Hours of Operation-7 Days 9am-1am | Rent-N/A | Lease Period-N/A | Reason for Sale-Health
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