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Convenience Store near Lake Michigan

Ludington, MI (Mason County)

Convenience Store near Lake Michigan
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Asking Price: $340,000

Cash Flow: N/A

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $60,000

Inventory: $50,000*

Real Estate: $140,000

Established: 1970

*not included in asking price.

Convenience Store near Lake Michigan

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Business Description

This is a well-located Convenience store in Ludington, Michigan. Price includes real estate, fixtures & equipment and SDD & SDM liquor licenses. The owner has this store completely updated, both the real estate and equipment, these improvements and hard work have helped the sales move far ahead of recent years and are continuing to show good increases. Current owner wants to slow down with possibility of relocation.

Detailed Information

Location:
Ludington, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,500
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sqft, one story, frame building, plenty of parking on this 120 x 200 lot on a main road. Price of the real estate is $140,000.
Reason for Selling:
Owner's wish to slow down and possibly relocate
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Dick Helsel

Business Listed By:
Richard Helsel

West State Broker Services

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