Grocery Market, Wayne County, Asking $999,999

Large family owned market with Real Estate, Taylor, MI

Grocery Market with Liquor & REAL ESTATE
Taylor, MI (Wayne County)

Asking Price: $999,999
Cash Flow: N/A
Gross Revenue: N/A
EBITDA: N/A
FF&E: $100,000
Inventory: $150,000*
Real Estate: $850,000
Established: 2006
*not included in asking price.

Business Description
Liquor Store In Taylor! Completely leased Building with $85,000 NOI

This is an opportunity to own a liquor store with a fully occupied shopping center. All units are leased, plus the liquor store unit can be reduced in size to secure another tenant, and increase the $85,000 NOI. The seller has owned the store for 12 years, and is looking to retire. The liquor store is in need of some updates that would help increase business. This business and property can be funded by SBA for qualified buyers.

Building Info
Gross Rents per Year $122,000
Operating Costs $37,000
Net Operating Income $85,000
Land Acres 1.29 AC
Detailed Information
Location: Taylor, MI
Inventory: Not included in asking price
Real Estate: Owned Included in asking price
Building SF: 10,000
Employees: 2FT/1PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Large free standing building with current liquor store and five additional leased space at 1,044 square feet per each location. Liquor store building can be reduced and leased to another business.
Competition: There are other stores in the area, but this location has room to expand and is capable of doing more business.
Growth & Expansion: Adding more inventory and remodeling the store will increase sales dramatically.
Financing: Cash, SBA, Conventional
Support & Training: Seller will train as needed
Reason for Selling: Retirement

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