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Food

Liquor Store Next To A Manufacturing Plant

Wayne County, MI, USA
Updated 1 day ago

This is an excellent opportunity to take over a successful store that's in an up-and-coming area in Detroit. It is located next to a recently updated automotive plant with 2,500 employees. The owner built this store and has been running it since 2005. He is ready to retire and pass this turn-key store to a new owner. Currently, the owner has shortened hours and closes early on Sundays. Please email us at [email protected] for more information. Seller Financing available for qualified buyers: $100,000 down payment amortized for 84 months at 8% ATM generates $1,000 monthly, and check cashing generates $3,000 monthly. This store could quickly increase sales by extending their hours and adding groceries to this 4,500 sq ft building.

Employees

2PT

Financing

$100,000 down payment amoritized for 84 months at 8%

Inventory

Inventory NOT included in asking price

Facilities

4500 sq ft building is located on a busy roadway and sits right across the street from a 24-hour car assembly plant that attracts a lot of business. Large parking lot with plenty of parking spaces.

Building Sf

4500

Competition

Normal competition in the area.

Real Estate

No

Growth & Expansion

Continue to market within the community and utilize all forms of social media. The possibility of adding a small-scale grocery store could help increase business and sales.

Support & Training

The seller will provide training.

Reason for Selling

Retirement

Financials

Asking Price
$350K
RevenueMost Recent Year
$923K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Yes

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