LIQUOR STORE AND MARKET - WAYNE COUNTY, ASKING $499,000

This store is super established in an area with high traffic and great visibility!

REDUCED!!! Liquor Store with MINI MARKET!!!
Wayne County, MI
Seller Financing Available
CALL Nadir - (248) 220-3274
Asking Price: $499,000

Cash Flow: $186,207

Gross Revenue: N/A

EBITDA: N/A

FF&E: $100,000

Inventory: $150,000*

Rent: $4,000
Established: 1999
*not included in asking price.


Business Description

LIQUOR STORE with Great LOTTERY & MSB INCOME

This store is super established in an area with high traffic and great visibility! Great MINI MARKET to pick up items on your way home!!

Current owner has been operating successfully for over 20 years, and continues to provide great customer service.

Seller is selling due to family obligations.

Building is not included in the asking price. New lease will be offered to new buyer, seller owns the building.

$186,207 Cash Flow to Owner
$1,158,224 in sales (2019 TAX RETURNS)
$35,772 in Lottery Commissions
$116,596 in Money Service Business Income

Detailed Information


Location: Wayne County, MI

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 3,600

Lease Expiration: N/A

Employees:
3FT/1PT

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

Facilities:
Building well maintained, with services offered include two lottery machines, check cashing.

Competition:
This market is well known for the great customer and great prices. In a prime location off a busy street with visibility.

Growth & Expansion:
Continue with current services and available foods, possible expanding the menu as well as promotional items

Financing: $250,000 down with 84 months @ 6% - payment $4,392.57

Support & Training: Seller will provide training and support

Reason for Selling: Other Commitments

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