Profitable Holland Michigan Convenience/Liquor Store!

Holland, MI (Ottawa County)

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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Profitable Holland Michigan Convenience/Liquor Store!

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Business Description

Business Description

Well established community food and liquor store located in the Hope College district in beautiful Holland, Michigan near the popular downtown area. This liquor store is well established and known in the community. This store is a mainstay in the city with a loyal customer base of locals, as well many college students frequent the store. In November of 2018, the current owners have purchased the business, and have updated the facility and made the following improvements;

* New Flooring
* New Cooler Door For Beer Cave
* Wooden Panels On The Walls
* New Furnace And AC Unit
*Relocated The Counter And Added New Countertop
* Moved And Expanded Liquor Shelf
* Added More Shelving For Groceries
* Added Led Lighting Inside
* Re-Setup The Security Cameras
*Upgraded the exterior of the facility

Products and Services offered are:

-Good selection of grocery convenience items to serve the area
-Liquor
-Pop/Soda
-Great Selection of Beer
-Large selection of Wine
-Frozen Food
-Dairy
-Participates with EBT.

The present owners are willing to support and train the new owners! The reason the owners are selling, is the current owner purchased the business for a family member, and the family member is pursuing other career opportunities. The owners are from out of the area and do not want to manage a business from out of the city.

This grocery and liquor store is a great turn-key opportunity! This business is profitable in a great location near Hope College in Holland, Michigan! Please call Doug at 616.822.9900! or Rob at 616.855.7677!
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Detailed Information

Asking Price: Accepting Offers! Asking $895,000.00
Gross Revenue: In excess of $1,200,000.00
Established: Operating for over 30 years!
Inventory: The Inventory varies based on season, ranges between $75,000.00-$90,000.00.
Real Estate: The real estate is owned by the present owners and included in the sales price. The current estimate of value based on an independent appraisal is $400,000.00
Building SF and Year Built: 4,901 square feet and the original building was built in 1957.
Employees: 4 employees.
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: This business enjoys regular business competition within the area, with other small stores, Walgreens, and gas stations.
Growth & Expansion: Current owner is making many changes to improve business and sales. Continue to improve the inventory selection, and focus on the more affluent customer base, as the current owners are doing.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the original owners.
Reason for Selling: Pursue another career opportunity out of the area. Owner lives out of the city and is inconvenient to travel to the location.

Detailed Information

Location:
Holland, MI
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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