Liquor Store with Property for $210,000!

Detroit, MI
Wayne County

Business & Property for $210,000!


Asking Price: Annual Revenue:
$210,000 $625,000

Food & Beverage: Liquor Stores


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RE: Liquor Store with Property for $210,000! Broker: Armen Nazarian
Owner Financing is Available!
$210,000 with $75,000 down, 8% int., amortized over 120 months, balloon due in 60 months

Quick Facts

Asking Price: $210,000
Annual Revenue: $625,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 892152001
Broker Reference #: 0164

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Business Overview:

This is a great opportunity to own a free-standing Liquor Store with/without Property in the Detroit area.  This location is averaging around $12,000 in sales per week. The total building size is 4,000 sq. ft.  with plenty of room to add a kitchen for hot foods, pharmacy, cell phones or turn it into the local neighborhood grocery market. No competition in the surrounding area! Current owner does no advertising or offer hot foods…some creative advertising/marketing along with adding hot foods, pizza, subs, deli, meat counter, Western Union, check cashing and groceries you have HUGE potential. Owner just recently added LED lights to the coolers and ceiling which saves on electricity costs.  All equipment is maintained and serviced regularly!  Perfect for husband/wife team, starter liquor store or family run business.  If you are looking for a Liquor Store with property in the Detroit area with unlimited potential, look no further.  Business & Property priced at $210,000!  A must see/must have business that will not last long.  Seller will train! Contact Armen Nazarian or email us.
                                                                                      Lottery Commissions:  $18,000 approximately yearly.

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Property Features and Assets:

This is a great opportunity to own a free-standing Liquor Store with/without Property in the Detroit area.  This location is averaging around $12,000 in sales per week. The total building size is 4,000 square feet with plenty of room to add a kitchen for hot foods, pharmacy, cell phones or turn it into the local neighborhood grocery market.

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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