File Number-#0759 | Location-Suburban Wayne County, MI. | Gross Sales-$676,000 | Cash Flow-TBD | Business Price-$250,000 | Down Payment-$100,000 | Monthly Payment-$1,819.91 | Interest Rate/Amortization-8% int., amortized over 120 months, balloon due in 60 months | License Required-Sales, SDD, SDM, Lotto | Inventory Value-$125,000 | Employees Full Time-1 | Employees Part Time-2 | Date Established-1960’s | Hours of Operation-Sun 10a-10p / M-Th 9a-11p / Fri-Sat 9a-12a | Rent-$3,500 Gross | Lease Period-New Lease Required | Building Price-$625,000 | Building Terms-$125,000 down, 8% int., amortized over 120 months, balloon due in 60 months | Reason for Sale-Other Business Interests
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
