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Market with Liquor License in Oakland County

Oakland County, MI
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Asking Price:$1,024,999
Inventory:$260,000
Real Estate:$600,000
Gross Revenue:$1,100,000
FF&E:$250,000
Established Year:1980
Listing ID: 2204265Listing provided by BizBuySell
BUSINESS DESCRIPTION

Prime Market in an Excellent Location

This is a great opportunity to acquire a prime market in an excellent location. The property is almost 0.75 acres, on a busy corner surrounded by lakes. There's a significant increase in activity during the summer, with gross sales of over $100,000 monthly. The Market has 2,400 total square feet, with 810 square feet of attached rented space for additional income. 3 adjacent lots are included within the property and are zoned for commercial use. This store also offers Check Cashing, ATM, and EBT and has a loyal customer base spanning over four decades; the Market has established itself as a cornerstone of the community.


Lottery Sales: $25,576
Oakland County Liquor License (SDD) included in the sale.

DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,210
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 2210 sq ft store is located in a residential area on a busy corner with high visibility and plenty of parking. The property is almost 0.75 acres. It's surrounded by lakes and business picks up in the summertime.
Competition
Minimal competition in the area
Growth & Expansion
A new owner can expand the business by offering extended hours and more prepared foods.
Financing
Cash or SBA
Support & Training
The seller will train the buyer at no additional cost.
Reason for Selling
Relocating
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Nadir
Jiddou
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Nadir Jiddou
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