Liquor Store in Detroit
Detroit, MI
| Asking Price: | $1,250,000 |
| Inventory: | $275,000 |
| Established Year: | 1983 |
| Gross Revenue: | $1,200,000 |
| Real Estate: | $650,000 |
Listing ID: 2140557Listing provided by BizBuySell
BUSINESS DESCRIPTION
: Great opportunity to take over this Liquor Store in Detroit! This store has been remodeled inside and out, which $310,000 was put into this store. Lotto Commissions yearly is $40,000 and ATM generates $1,000 monthly. This store has high profit margins. Liquor margins are between 20-23% and groceries margins are 50%. This store includes 5 lots which brings any new owner to expand and or add housing. Inquire within!
DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,500
Employees
4
Financing
CASH/SBA
Support & Training
Seller will train for 2 weeks
Reason for Selling
Other Interest
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