Liquor Store in Detroit
Business Description
Don’t miss this excellent opportunity to take over a fully remodeled Liquor Store in Detroit! Over $310,000 has been invested into renovating the store, both inside and out, giving it a modern and well-maintained appearance. This business is a strong income producer, with lottery commissions generating approximately $40,000 annually and an ATM bringing in over $1,000 per month. The store offers high profit margins, with liquor margins ranging between 20–23% and grocery margins around 50%. Included in the sale are five lots, providing incredible potential for expansion, additional development, or even housing opportunities for the new owner. This is a turnkey operation with excellent upside potential! Inquire within!
About the Business
- Years in Operation
- 43
- Employees
- 4
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,500
About the Sale
- Seller Motivation
- Other Interest
- Transition Support
- Seller will train for 2 weeks
- Financing Options
- CASH/SBA
Listing Info
- ID
- 2140557
- Listing Views
- 1840
Listing ID: 2140557 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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