Market with Liquor in Shiawassee County

Shiawassee County, MI

Seller Financing Available

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Sale Pending
Asking Price:$99,999
Inventory:$150,000
FF&E:$99,999
Gross Revenue:$2,258,449
Rent:$6,000
Established Year:2017
BUSINESS DESCRIPTION

Market with Room to Grow

Motivated Seller!

This is a great opportunity to buy a market doing great numbers with liquor. Their gross sales for 2022 were $2,258,449. The market offers a variety of meat, produce, deli, liquor, beer and wine. The current owner has been there for 7 years but he has been absentee due to other business interests. A new owner/operator could improve the business by improving service and increasing inventory. Expanding grocery items, check cashing, ATM and Money Gram could also help grow the business.

Seller Financing is available for qualified buyers.


DETAILED INFORMATION
Location
Shiawassee County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
12,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This market is located on a highly traveled road. The 12,000 sq ft store is located on a corner surrounded by plenty of residential and some commercial properties with plenty of parking.
Competition
There is no competition; this is the only market in the area.
Growth & Expansion
A new owner/operator can grow the business with some creative advertising/marketing along with expanding on groceries, fresh fruits & vegetables, adding a website, check cashing, ATM, and Money Gram. This could have HUGE potential for the already high-volume sales and cash flow.
Financing
$100,000 Down, Amortized for 60 months at 8%
Support & Training
The seller will provide training at no expense to the buyer.
Reason for Selling
Other Interests
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Nadir
Jiddou
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Nadir Jiddou