Liquor Store in Oakland County with property

Oakland County, MI

Seller Financing Available

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Asking Price:$898,000
Inventory:$140,000
Gross Revenue:$1,080,000
Real Estate:$425,000
BUSINESS DESCRIPTION

This is a rare opportunity to take over this Liquor Store that is surrounded by two major lakes in Oakland County! Please note that this has a Resort License. What’s even nicer is the fact that there is no water bill! They obviously do most of their business in the summer but also does well the rest of the seasons with ice fishing, snowmobiles and more! They do sell live bait for fishing as well as Hunting and Fishing License! There is access for boaters to dock and shop in the store! So many residential neighborhoods that they cater to. By adding food like deli sandwiches, pizza and chicken, sales would definitely increase! The Lotto brings in $35,000 commission yearly, ATM brings in $600 monthly and check cashing brings in $800 monthly. Inquire within!


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,500
Financing
50% down
Reason for Selling
Other Interest
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Joseph
Barbera
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Joseph Barbera