Thriving Liquor Store

Garden City, MI (Wayne County)

Thriving Liquor Store

Asking Price:$397,000

Cash Flow:$225,000

Gross Revenue:$780,000

EBITDA:N/A

FF&E:$50,000

Inventory:$100,000

Rate/Sq. Ft.:$14.40

Established:1995

Thriving Liquor Store

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Business Description

Very well established store with regular clientele in a very appealing strip mall. Weekly sales of $15,000 which includes Alcohol Sales and the C-store. In addition to that, the store sells Lotto and has an ATM. The store is meticulously maintained and in very good shape. The store itself operates in 2,400 s.f. with a gross rent of 3,000 per month which is easily transferable to a qualified buyer. The store is located on a main highway with a very heavy traffic count. The Seller is more than willing to provide transition support as negotiated through the deal.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Expiration:
N/A
Employees:
1FT, 2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a high-traffic strip mall
Support & Training:
Negotiated with transaction
Reason for Selling:
Retirement

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Paul R. (Rick) Smith

Business Listed By:
Paul R. (Rick) Smith

Summit Business Brokers

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