Liquor Store in Detroit with seller financing

Detroit, MI

Seller Financing Available

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Asking Price:$798,000
Inventory:$275,000
Established Year:1994
Gross Revenue:$1,800,000
Rent:$5,500/Month
BUSINESS DESCRIPTION

Great opportunity to take over this long and well-established Liquor Store in Wayne County that is located on one of the busiest intersections of the State of Michigan. Lottery commissions average $84,000 annually. ATM generates $1,100 monthly. This store is a money maker and is easy to operate and run. Seller is offering seller financing with only $150,000 plus inventory down payment. The seller will give next buyer first right of refusal to purchase the building and property. This store is a MUST SEE! Inquire within!


DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Employees
5
Financing
$150,000 down plus inventory
Reason for Selling
Other Interest
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Joseph
Barbera
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Joseph Barbera