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Liquor Store Next To A Manufacturing Plant

Wayne County, MI

Seller Financing Available

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Sale Pending
Asking Price:$349,999
Inventory:$150,000
Gross Revenue:$923,152
Established Year:2005
Listing ID: 2192972Listing provided by BizBuySell
BUSINESS DESCRIPTION

Liquor Store in Wayne County

This is an excellent opportunity to take over a successful store that's in an up-and-coming area in
Detroit. It is located next to a recently updated automotive plant with 2,500 employees. The owner built this store and has been running it since 2005. He is ready to retire and pass this turn-key store to a new owner. Currently, the owner has shortened hours and closes early on Sundays. Please email us at TEAM@MIBIZBROKER.COM for more information.

Seller Financing available for qualified buyers: $100,000 down payment amortized for 84 months at 8%

ATM generates $1,000 monthly, and check cashing generates $3,000 monthly. This store could quickly increase sales by extending their hours and adding groceries to this 4,500 sq ft building.

DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
2
Facilities
4500 sq ft building is located on a busy roadway and sits right across the street from a 24-hour car assembly plant that attracts a lot of business. Large parking lot with plenty of parking spaces.
Competition
Normal competition in the area.
Growth & Expansion
Continue to market within the community and utilize all forms of social media. The possibility of adding a small-scale grocery store could help increase business and sales.
Financing
$100,000 down payment amoritized for 84 months at 8%
Support & Training
The seller will provide training.
Reason for Selling
Retirement
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Nadir
Jiddou
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Nadir Jiddou
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