Detroit Profitable Beer & Wine Convenience Store

Detroit, MI (Wayne County)

Seller Financing Available
Detroit Profitable Beer & Wine Convenience Store
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Asking Price: $195,000

Cash Flow: $150,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Rent: $1,800 /Month

Established: 1950

*not included in asking price.

Detroit Profitable Beer & Wine Convenience Store

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Business Description

Very Profitable Beer & Wine Store

Great Opportunity / East Detroit Convenience/Neighborhood Beer Wine Store

Great Opportunity! Busy Convenience Store, Grocery, Lottery, Beer & Wine. Doing over $700K in sales and increasing by the month, Lottery sales close to 8,000 a week (2 machines) and increasing as well. Store has kitchen that pays rent of $1,200 / month. Potential for more sales by adding, western union, check cashing, money orders and bill pay. Store building is approximately 3,000 SF in good condition. Additionally attached, 1,300 SF buiding as part of the lease and can be utilized for another business or expansion. Corner neighborhood location with street parking on both sides.
This is a great opportunity to get in the Party Store business and start making $.

Potential Liquor License (SDD) transfer to this location should be no issue. Definitely, sales growth potential!

MOTIVATED SELLER!

Detailed Information

Location:
Detroit, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
12/31/2037
Employees:
4
Facilities:
Corner Neighborhood building.
Competition:
Neighborhood, limited competition.
Growth & Expansion:
Employee operated, new owner operator can increase sales.
Financing:
Cash,Land Contract with ?DN
Support & Training:
Seller will train as needed.
Reason for Selling:
Other Interest
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Harry Dikho

Business Listed By:
Harry Dikho

Locations Commercial Real Estate Services

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