Liquor Store with Rental Income, Wayne County, Asking $245,000

This store is located on a very busy street with plenty of parking.

Liquor Store with Rental Income! Real Estate Available!
Southgate, MI (Wayne County)
REDUCED!! New Price!!!
Asking Price:
$245,000


Cash Flow:
$76,525


Gross Revenue:
N/A

EBITDA:
N/A

FF&E:
N/A

Inventory:
$150,000*

Real Estate:
$525,000*
Established:
2007
*not included in asking price.


Business Description

This store is located on a very busy street with plenty of parking. The owner has been there for 13 years and is ready to retire. The building is available for purchase for $525,000, or lease for $3,000 plus NNN. The square footage is 4800 sq/ft.

Lottery Commission 2019 $42,230.45
Current Rental Income for Deli Space is $1,100 per month
BitCoin Machine Rental Income is $400 per month

Detailed Information


Location:

Southgate, MI

Inventory:

Not included in asking price

Real Estate:

Owned

Not included in asking price

Building SF:

4,800

Employees:

1/FT-2/PT

Facilities:

Free Standing Building - 4,800 square feet

Competition:

Great visibility and traffic flow

Growth & Expansion:

Owner can take over the deli and build the food business. Money Business Services are not being offered to all customers.

Support & Training:

Seller will train for 14 days with a minimum of 2 hours per day at not additional charge

Reason for Selling:

Retirement

*Receive More Information: