Liquor Store in Washtenaw County!

Washtenaw County, MI
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Asking Price:$1,100,000
Inventory:$150,000
Established Year:1964
Gross Revenue:$1,300,000
Real Estate:$498,000
BUSINESS DESCRIPTION

Liquor Store in Washtenaw County with 2 bedroom rental!

This is an amazing opportunity to take over this Liquor Store that has room for growth! This is located in the heart of a major busy city in Washtenaw County. The owner took over in 2016 and this is 100% absentee run. The store is actually 2,000 sq ft and the building is 4,316 sq ft. The store can be expanded and a kitchen can be added or even rnt out the space. This also comes with a 2 bedroom unit that can be rented out or the next seller can use it. This is also in a DDA District! It’s around the corner from a post office in a residential area. Numbers continue to grow and the owner will train new owner. This is a must sell!


DETAILED INFORMATION
Location
Washtenaw County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,316
Employees
3
Financing
$350,000 down/8% over 120 months
Reason for Selling
Other Interest
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Joseph
Barbera
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Joseph Barbera