HIGH VOLUME LIQUOR STORE - Wayne County

Turn-Key with over $1.3 Million In Sales Asking $1,200,000

High Volume Liquor Store
Wayne County, MI

Asking Price: $1,200,000
Cash Flow: N/A
Gross Revenue: $1,324,672
EBITDA: N/A
FF&E: $100,000
Inventory: $150,000*
Real Estate: $400,000
Established: 1980
*not included in asking price.

Business Description
Liquor Store with Kitchen! Real Estate Included in Asking Price

This is a Turn-Key Liquor store with sales of over $1.3 Million. The Store is located in a very busy corner with parking. This business is being ran 100 percent absentee. Sellers have owned this location for over 30 years, but it's time for a new owner to take over. The Real Estate is included in the $699,990.00 asking price, but the seller is willing to sell the business separately. There is a full kitchen inside the store that is not being utilized right now. New owner can either operate the kitchen or rent it out. This store needs an owner operator to take it to the next level! Call Nadir Jiddou @ 248-220-3274

Detailed Information

Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: Owned Included in asking price - Building SF: 3,400
Employees: 3
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Competition: The store has been successful for over 30 years. The seller has been able to live off of the store and purchase other properties from the success of his first location.
Growth & Expansion: If the new owner actually operates the store himself he will increase the sales, and he could open up the kitchen to drive sales and traffic.
Support & Training: Seller will train for 14 days if needed.
Reason for Selling: Retirement

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