Liquor Store in Detroit
Detroit, MI
| Asking Price: | $1,250,000 |
| Inventory: | $225,000 |
| Established Year: | 1984 |
| Gross Revenue: | $1,500,000 |
| Real Estate: | $300,000 |
Listing ID: 2291486Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great opportunity to take over this long and well-established Liquor Store in Wayne County. ATM generates $1,000 in commissions monthly and Lottery commissions generate around $53,000 yearly. They charge 3.5% on all credit card sales. This store is right next to a 40 unit and 60-unit apartment complex that are currently being renovated. This store works on high margins 20-35% plus! This store is a very profitable and easy to run store! This store is a MUST SEE! Inquire within!
DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,000
Employees
6
Financing
CASH/SBA
Reason for Selling
Other Interest
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