Liquor Store with building and property seller must sell due to health

Wayne County, MI
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Asking Price:$1,598,000
Inventory:$250,000
Established Year:1980
Gross Revenue:$1,560,000
Real Estate:$500,000
BUSINESS DESCRIPTION

Don’t pass up on this great opportunity to take over this excellent Liquor Store! This store is a turn-key money maker! It’s clean, safe and has short hours. The store is 4,000 sq ft with an additional 1,200 sq ft store front that is leased for $1,400 monthly. The neighborhood is excellent and is surrounded by apartments and homes. Lottery commission is $80k and ATM generates $500-700 monthly and has check cashing for select customers only that generates $1,500 monthly. Store is incredibly easy to run and is already SBA approved with 20% down.


DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,200
Employees
3
Financing
CASH/SBA
Reason for Selling
Health
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Joseph
Barbera
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Joseph Barbera