Liquor Store in Oakland County

Oakland County, MI
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Asking Price:$925,000
Inventory:$225,000
Established Year:1940
Gross Revenue:$720,000
Real Estate:$498,000
BUSINESS DESCRIPTION

This is a great opportunity to take over this successful store that has been operating since 1940! Current owner has been running this store since 1987 and is ready to retire. Great location and this store have recently updated with new HVAC/Roof and Hot Water Tank. Lottery commission for the year is $44,000 which is not include is gross sales. Many improvements can be made to the store to increase sales including an addition of hot food and applying for an EBT card and extending store hours. Inquire within!


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,100
Employees
2
Financing
SBA/CASH
Support & Training
Seller will train for two weeks
Reason for Selling
Retiring
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Joseph
Barbera
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Joseph Barbera