Party Store / High Volume

Saint Clair Shores, MI (Macomb County)

Seller Financing Available
Party Store / High Volume

Asking Price:$190,000

Cash Flow:N/A

Gross Revenue:$400,000

EBITDA:N/A

FF&E:N/A

Inventory:$100,000*

Established:1960

*not included in asking price.

Party Store / High Volume

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Business Description

This is a great opportunity to own a successful Party Store in St. Clair Shores. Established since 1960's, this 2,400 store is located on a highly traveled road and well-stocked with a large selection of beer/wine along with a large selection of home goods. Huge lottery sales...2014 commissions were $55,000! Current owner does no advertising...some creative advertising/marketing along with adding Pizza, Subs, Salads, Hot Foods, EBT, Check Cashing, Money Orders and expanding the hours, you have HUGE Potential to the already high volume gross sales. This store has given the owner a great income and is now ready to retire. So much can be done to reach the full potential of this store. A must see/must have business that will not last long. Seller will train and entertain all reasonable offers! Call Armen Nazarian @ 248-855-7753 or visit www.armennazarian.com

Detailed Information

Inventory:
Not included in asking price
Employees:
2 owners
Facilities:
Located on a highly traveled road in St Clair Shore's, MI.
Financing:
$190,000 with $90,000 down, 8% int., amortized over 60 months
Support & Training:
Seller will train
Reason for Selling:
Retiring

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Armen Nazarian

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Armen Nazarian

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