Liquor Store in Detroit
Detroit, MI
Sale Pending
| Asking Price: | $1,498,000 |
| Inventory: | $300,000 |
| Established Year: | 1985 |
| Gross Revenue: | $1,776,000 |
| Real Estate: | $600,000 |
Listing ID: 2267555Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great opportunity to take over this long and well-established Liquor store in Detroit! This store had two P.O.S systems and 2 lottery machines. The ATM generates $1,300 monthly, Lottery brings in $75,000 yearly. The Bill Pay, Check Cashing and Money Orders generate $4,000 monthly commissions! This store has a brand-new roof, and the entire store has been completely remodeled inside from floor to ceiling a year and a half ago with LED lighting, new 36 door behind refrigeration unit, raised ceiling, compressors and HVAC system as well as flooring and shelving! This store is turnkey! The new owner will have to change the name of the store. Please inquire within!
DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4.3
Employees
5
Financing
CASH/SBA
Support & Training
Seller will train for 2 weeks
Reason for Selling
Other Interest
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