Liquor Store in Wayne County

Asking Price$349,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$150,000
Not included in asking price
FF&E$100,000
Included in asking price
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Liquor Store in Wayne County


Asking Price$349,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$500,000

Inventory$150,000
Not included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
Standalone Building on 1/2 Acre Lot
This party store has everything in place for a new owner. The current owner is ready to retire after 30 years. The freestanding building is 2,040 square feet and sits on a half-acre. It is on a busy road with easy in-and-out access, making it ideal for this party store. A new roof ($9k) and brand-new compressors for the cooler ($10k) were added. The owner will consider selling the real estate to a qualified buyer.

A new owner can grow the business by being there for longer hours. The current owner works between 20-25 hours weekly. Adding check cashing and advertising could also help grow the business.

The current hours are Monday through Thursday, 10am-10pm; Friday through Saturday, 10am-12am; and Sunday, 12pm-10pm .

Rent is $2,500/month, including Triple Net.
Insurance is $4,300/annually.
Taxes are $5,700/annually.
ATM commission is $3.75 per transaction.
About the Business
Employees
3
Facilities & Assets
This freestanding 2,040-square-foot building is on a busy four-lane road. It has 9 parking spaces and 0.25 acres of empty land.
Market Outlook / Competition
Closest competition is ½ mile away.
Opportunities for Growth
Advertising, expanding floor space, adding check cashing, and working more hours may help grow the business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,040
Rent
$2,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is willing to train a new owner.
Financing Options
30% down and terms negotiable for qualified buyer
Listing Info
ID
2369038
Listing Views
1103

Contact Seller

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Business Listed by: Nadir Jiddou Michigan Business Broker

Listing ID: 2369038 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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