Liquor Store with building and property

Detroit, MI
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Asking Price:$500,000
Inventory:$175,000
Established Year:1979
Gross Revenue:$1,150,000
Real Estate:$325,000
BUSINESS DESCRIPTION

Liquor Store with building and property for only $500k! SELLER RETIRING!

Don’t miss out on this great opportunity to own this Liquor Store with building and property. This 3,000 sq ft store has been owned by the same owner since 1985 and is now ready to retire. Lottery commission is $30,000 for 2022 and ATM generates $800 monthly. The store has no hot food and short hours. By increasing hours and adding hot food will increase sales. This store is priced to sell quickly so inquire within!


DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,000
Employees
5
Financing
CASH
Support & Training
Seller will train for 2 weeks
Reason for Selling
Retiring
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Joseph
Barbera
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Joseph Barbera