Liquor Store with Rental Units in Detroit

Detroit, MI
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Sale Pending
Asking Price:$2,200,000
Inventory:$400,000
Established Year:2012
Gross Revenue:$2,300,000
Real Estate:$1,000,000
BUSINESS DESCRIPTION

Liquor Store with 2 rental units in Detroit ready for new owner

This is a great opportunity to take over a beautiful Liquor Store with 2 rental units in Detroit. This is located off two major intersections on a hard corner. The store is 3,500 square feet and the two rental units are 1,500 square feet each, that brings in $1,600 & $1,900 monthly. The store is newly remodeled with a 24-door cooler. and the building was built in 2012. Lottery averages $46,000 in commissions yearly and the ATM brings in $2,000 monthly. This is a must see! Inquire within!


DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,500
Employees
5
Financing
CASH/SBA
Reason for Selling
Other Interest
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Joseph
Barbera
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Joseph Barbera