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Business For Sale

LIQUOR STORE DOING $138,000/M WITH 2 ACER RE $1M

Attn: Tauseef Syed
Saginaw, MI, USA
Listing Number: "061708"
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Asking Price: $1,000,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Liquor Stores  
Reason for Selling: Relocating
Year Established: 1998
# of Employees: 3
Yearly Revenues: $1,656,000
Yearly Cash Flow: $288,000
Yearly Net Profit: $288,000
Yearly Gross Income: $1,656,000
Monthly Payroll: $5,000
 

Business for Sale Overview:

4,000 square feet store, free stand alone building. 60 Cars parking lot, 2 acer land for future strip mall you can built. Store is located in between 60,000 population located major intersection. Sales break downs are: Grocery $20,000 per month @30% mark up $6,000; Hard Liquor $25,000 per month @ 24% mark up $6,000; Beer $10,000 per month @ 16% mark up $1,600; Calling cards $1,500-$1,800 per week @ 10% $780; Check cashing $50,000 per week @2% $4,333; Lotto $946,000 per year@7.2% $5,670. Have another machine double the money.


Market Competition and Expansion:

Average competition


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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