Liquor Store in Wayne County
| Asking Price: | $349,999 |
| Inventory: | $150,000 |
| FF&E: | $100,000 |
| Gross Revenue: | $500,000 |
| Rent: | $2,500/Month |
Standalone Building on 1/2 Acre Lot
This party store has everything in place for a new owner. The current owner is ready to retire after 30 years. The freestanding building is 2,040 square feet and sits on a half-acre. It is on a busy road with easy in-and-out access, making it ideal for this party store. A new roof ($9k) and brand-new compressors for the cooler ($10k) were added. The owner will consider selling the real estate to a qualified buyer.
A new owner can grow the business by being there for longer hours. The current owner works between 20-25 hours weekly. Adding check cashing and advertising could also help grow the business.
The current hours are Monday through Thursday, 10am-10pm; Friday through Saturday, 10am-12am; and Sunday, 12pm-10pm .
Rent is $2,500/month, including Triple Net.
Insurance is $4,300/annually.
Taxes are $5,700/annually.
ATM commission is $3.75 per transaction.
