Liquor Store w/ Strip Center

Reference Code 0163

This is a great opportunity to own a newly remodeled, high-volume Liquor Store with 5-unit Strip Center in suburban Wayne County. This neighborhood store is located on a highly traveled road averaging $20,000 in weekly sales. Surrounded by plenty of homes, this 3,000 sq ft store takes up 3 units while 2 carry-out restaurants occupy the remaining 2 units. Current owner does no advertising…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 replaced the outside canopy awning. This store gave the owner a great lifestyle and income and now wants to retire. 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!! Lotto Commission: $44,538 ATM Commission: $682 Rental Income: $66,000

Business Location Suburban Wayne County, MI
Gross Sales $1,040,000 Cash Flow TBD Business Price $299,000 Down Payment $125,000 Monthly Payment $2,111.10 Interest Rate / Amortization 8% int., amortized over 120 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 11am-10pm / M-TH 10am-11pm / Fri-Sat 10am-12am Rent $4,500 Gross Lease Period New Lease Required Real Estate $599,000 with $125,000 down, 6% int., amortized over 120 months Reason for Sale Retire


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