Liquor / Convenience Store - Hard Corner Location

Wayne County, MI

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Asking Price: $300,000

Cash Flow: $95,000

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $110,000

Inventory: $100,000*

Real Estate: N/A

Established: 1990

*not included in asking price.

Liquor / Convenience Store - Hard Corner Location

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Business Description

Liquor / Convenience Store - Hard Corner Location

Excellent opportunity; Liquor, Beer Wine & Lottery, Convenience Store, Building available. Owner has other interest. Store established in 1990, employee operated, potential for greater sales. Competitive store half mile north closed permanently, sales up for 2018. Many other services can be established; check cashing, money orders, money transfer, bill payment and more for better traffic and cash flow. Bring inn all offers, Owner motivated.
Building is 2,114 SF and sits on .86 AC lot with ample parking and plenty of room for building expansion. Located on a hard corner with over 86K VPD traffic.
Asking rent $3,500/month, building available to purchase $350,000.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
2,114
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Hard corner location with 86K VPD traffic.
Competition:
Competitor 1/2 mile north closed indefinitely. Growth potential.
Growth & Expansion:
Building is now 2,114 SF and can easily be expanded.
Support & Training:
Owner will stay on for training.
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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