Remodeled and ready for new owner. Conditional liquor license transfers can be done in 30 days. This is a great opportunity to own a very busy liquor store in the City of Detroit. Average sales per week are $40,000 and still growing. This store has been part of the community for over 20 years. There are two lottery machines to accommodate the high volume of customers. They've installed a new 24 door walk-in cooler and a 48 foot granite counter top. All the floors and ceiling have been redone. Seller is willing to help with financing for qualified buyers.
24 Door Walk In Cooler - Turn Key Operation
Gross Revenue: $1,800,000
Inventory: $175,000 (not included in asking price)
Real Estate: $500,000
Inventory: Not included in asking price
Real Estate: Owned
Building SF: 5,500
Furniture, Fixtures & Equipment (FF&E): Included in Asking Price
Facilities: This is a 5500 square foot building that has been completely remodeled.
Competition: No competition.
Financing: 300k down plus inventory payment terms negotiable
Support & Training: Seller will train for 2 weeks at no additional charge. He will also stay longer if needed.
Reason for Selling: Other Business Interest.