Purchase a Liquor Store | Armen Nazarian Business Brokers

Liquor Store w/wo Property

Reference Code 0407

This is a great opportunity to own a long established, Liquor Store w/wo Property in Suburban Wayne County. Located on a highly traveled intersection, this 3,000 sq. ft., free standing store is surrounded by plenty of residential and commercial properties. All coolers, displays and fixtures are in excellent condition and maintained regularly. Current owner does no advertising…a new owner/operator with creative advertising/marketing along with adding hot foods, pizza, subs, groceries, cigar humidor, extending the hours, raise prices from state minimum, money orders, check cashing, bill payment and adding a website, you have HUGE potential. Perfect for husband/wife team or family run business. 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 and entertain all reasonable offers! Lotto Commission: $85,000 yearly ATM Commission: $200 monthly Additional parcel next door available for purchase.

Business Location Suburban Wayne County, MI

Gross Sales $937,135 Cash Flow $136,928+ Business Price $450,000 Down Payment $150,000 Monthly Payment $2,866.96 Interest Rate / Amortization 8% int., amortized over 15 years License Required Sales, SDD, SDM, Lotto Inventory Value $200,000 Employees Full Time 3 Date Established 1960 Hours of Operation 7 Days / 10am-9pm Rent Negotiable Lease Period New Lease Required Real Estate $425,000 with $100,000 down, 8% int., amortized over 15 years Reason for Sale Retirement