Liquor Store West Side Detroit On 8 mile. SBA Approved. Bus&Building
Business Description
BUSINESS & BUILDING FOR $700,000 PLUS INVENTORY! SBA APPROVED WITH 10% DOWN! This liquor store has been in the community for over 50 years and has been under current ownership for the past 20 years. The reason for the sale is due to owner retiring. The building is 2600 SQ/FT with plenty of parking on the side and Infront of the store. Adding hot foods and increasing hours could increase sales dramatically. Store average 1.2 million a year with short hours with 35k lottery commission a year. Current owner is off by 2:00 daily and takes weekends off. For more information or to schedule a showing contact Michael at (248) 275-8565.
Current hours
Mon-Thurs: 10am-10pm
Fri- Sat: 10am-11pm
Sun: 10am-9pm
Current hours
Mon-Thurs: 10am-10pm
Fri- Sat: 10am-11pm
Sun: 10am-9pm
About the Business
- Years in Operation
- 50
- Employees
- 5
- Facilities & Assets
- 2600 Squarefoot building on busy intersection right off of 8 mile.
- Market Outlook / Competition
- Current competition has longer hours and hot food. Increasing hours and adding hot food will dramatically increase sales.
- Opportunities for Growth
- Adding hot food, and expanding hours.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- retirement
- Transition Support
- Negotiable
- Financing Options
- SBA Approved with 10% down
Listing Info
- ID
- 2333169
- Listing Views
- 970
Listing ID: 2333169 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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