Liquor Store with Strip Center

Jackson County, MI
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Asking Price:$3,500,000
Inventory:$600,000
Established Year:1997
Gross Revenue:$2,184,000
Real Estate:$2,000,000
BUSINESS DESCRIPTION

This is a great opportunity to take over this Liquor store with shopping strip center. This is a State-of-the-art Liquor Store that is newly remodeled with no penny spared. This is a high-volume store with a newly remodeled strip center on multiple lots.
The store is semi absentee run and has been owned by the same owner for the last 25 years. This store enjoys additional revenue of $250,000 in check cashing per year. Lottery commission of $35,000 and ATM generates $700-$800 per month. The store has little competition, and the owner is willing to have a buyer stand in the store for 30 days to verify gross sales. Including the store, there is a total of 3 units in the strip center. The square footage of the store is 5,600 sq ft and the total of the center is 12,000 sq ft. This sits on a little over 1 acre and has parking for 50 plus cars. It has lots that are zoned in the Green Zone. Inquire within!


DETAILED INFORMATION
Location
Jackson County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,600
Employees
4
Financing
CASH/SBA
Support & Training
Seller will train for 2 weeks
Reason for Selling
Other Interest
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Joseph
Barbera
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Joseph Barbera