High Volume Liquor Store

Detroit, MI
Wayne County

Asking Price: Annual Revenue:
$2,500,000 $2,424,480

Food & Beverage: Liquor Stores

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RE: High Volume Liquor Store Broker: Nadir Jiddou

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $2,424,480
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,400,000
Year Established: 1984
Employees: 15
BBN Listing #: 904753123
Broker Reference #: Not Disclosed

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Business Overview:

Great Liquor Store with Shopping Plaza.

Great opportunity to own one of the busiest Liquor stores in Detroit with a full kitchen grossing $70,000.00 per month (per seller). The Liquor purchases for 2017 were $695,881.58. The sellers cash over $800,000.00 in checks per month. The fully occupied shopping center nets $102,870.00 per year after expenses. This is a money making machine that will not last for long. Sellers are willing to sell the Liquor store ONLY for $1,100,000.00.

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Market Competition and Expansion:

Beautifully constructed building anchored by a well established Liquor Store. Building was built in 2006 and is fully occupied. Liquor store occupies 4400.00 square feet with four additional tenants totaling 10,000.00 square feet.

Reason for Selling:

Other business Interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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