Liquor Store

Reference Code 0201

This is a great opportunity to own a free-standing, 5,000 sq. ft., Liquor Store w/wo Property in the Detroit area. This nice-volume store is averaging about $12,000 in sales per week and has a 19-door walk-in cooler. Currently there is a kitchen and sandwich display in the store that are not being utilized. All kitchen equipment (pizza oven, hood, fryer, grill, proof cabinet, prep tables, etc.…) are in good working order and maintained! Owner does no advertising or offer hot foods…a new owner/operator with some creative advertising/marketing along with adding hot foods, pizza, subs, Western Union, check cashing, bill pay, groceries and opening earlier, you have HUGE potential. There is also a spare room up in front that can be rented out for any type of retail or service business (pharmacy, cell phones, check cashing, bill payments etc…). Plans are being talked about for a complete re-development in the surrounding areas. Perfect for husband/wife team or family run business. If you are looking for a good Liquor Store with property in the Detroit area with unlimited potential, look no further. A must see/must have business that will not last long. Seller will train and entertain all reasonable offers! Lottery Commissions: $25,315 Tobacco Commissions: $7,723 ATM: $800

Business Location Detroit, MI
Gross Sales $606,086 Cash Flow $120,782 Business Price $199,000 Down Payment $99,000 Monthly Payment $2,027.64 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, SDD, SDM, Food, Lotto Inventory Value $125,000 Employees Full Time 2 Employees Part Time 1 Date Established 1970's Hours of Operation M-Th 10am-11pm / Sat 10am-12am / Sun 10am-10pm Rent $2,500 Gross Lease Period New Lease Required Real Estate $190,000 with $90,000 down, 8% int., amortized over 60 months Reason for Sale Retire


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