Liquor Store

Detroit, MI
Wayne County


Asking Price: Annual Revenue:
$199,000 $606,086

Food & Beverage: Liquor Stores


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RE: Liquor Store Broker: Armen Nazarian
Owner Financing is Available!
Seller financing is available for both Business and Real Estate.

Quick Facts

Asking Price: $199,000
Annual Revenue: $606,086
Net Profit: Not Disclosed
Cash Flow: $120,782
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $190,000
Year Established: 1970
Employees: 3
BBN Listing #: 171352001
Broker Reference #: 0201

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Business Overview:

This is a great opportunity to own a free-standing, 5,000 square feet, Liquor Store with / without Property in the Detroit area. This nice-volume store is averaging about $12,000 in sales per week and has a 19-door walk-in cooler. Currently there is a kitchen and sandwich display in the store that are not being utilized. All kitchen equipment (pizza oven, hood, fryer, grill, proof cabinet, prep tables, etc.…) are in good working order and maintained! Owner does no advertising or offer hot foods…a new owner/operator with some creative advertising/marketing along with adding hot foods, pizza, subs, Western Union, check cashing, bill pay, groceries and opening earlier, you have HUGE potential. There is also a spare room up in front that can be rented out for any type of retail or service business (pharmacy, cell phones, check cashing, bill payments etc…). Plans are being talked about for a complete re-development in the surrounding areas. Perfect for husband/wife team or family run business. If you are looking for a good Liquor Store with property in the Detroit area with unlimited potential, look no further. A must see/must have business that will not last long. Seller will train and entertain all reasonable offers! Contact Armen Nazarian or email us. Lottery Commissions: $25,315 Tobacco Commissions: $7,723 ATM: $800

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Property Features and Assets:

This is a great opportunity to own a free-standing, 5,000 square feet, Liquor Store with / without Property in the Detroit area.

Reason for Selling:

Retire

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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