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Quick Facts
Asking Price: | $525,000 | |
Annual Revenue: | $750,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,137 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $275,000 | |
Year Established: | 1955 | |
Employees: | 3 | |
BBN Listing #: | 778628552 | |
Broker Reference #: | MI101420 |
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Business Overview:
In business since 1955, we are pleased to offer this long standing and well known Liquor Store in an Oakland County Lake community. Real Estate is included in the sale price! This store is situated in between two well-known lakes that are hot spots for summer and winter activities. This store is located less than a half mile from the DNR boat launch and private marina. This store not only sells Liquor, Beer, and Wine, but it is also a well-known bait shop and provides DNR License for Fishing and Hunting. This well located store is surrounded by popular lakes and hundreds of acres of state land that allows hunting and fishing. A new owner will have many opportunities to increase the revenue and put their mark on the business. The building is well cared for and in excellent condition. The current owner is very motivated and is looking for a quick sale. Bring all reasonable offers and we will consider them.
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Property Features and Assets:
The store is about 1,600 square feet with additional room for storage. Updated lighting on the inside and plenty of storage. The outside has plenty of parking available and is paved.
Market Competition and Expansion:
There is only one other liquor store in the nearby area. This store has been around since 1955, and has a loyal customer base that has been going there for generations. There are plenty of opportunities to create different revenue streams within the store such as adding a deli or serving other types of food.
Reason for Selling:
Family Commitments.
Additional Details:
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