Liquor Store w/Lottery-Make Offer

File# C2444
Location: Plymouth-Canton Area
Business Price: $99,500
Down Payment: $49,750
Monthly Payment:$961.81
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $429,436.80 plus Lottery
Source: Seller 2017
Cash Flow: TBD
Source:
Inventory: $125,000 +/-
Days Open: 7 days
Business Hours: Mon-Fri 9am-9pm, Sunday 8am-6pm
Seats: NA
Parking: Plenty-Shopping Center
Licences Required:SDD, SDM, Lottery
Year Established:1982
Year Acquired: 2014
Monthly Rent:$5,000 Gross

Profile:

This is an absentee owned, 5000 square foot liquor store that offers a large variety of liquor, beer and wine located in a shopping center in the Plymouth-Canton area. It has huge potential and has done much better when it was owner-operated. It is ideal for 2 partners or a husband & wife team. The store has a 13 door walk-in cooler and a 7 door walk-in cooler. They sell very few cigarettes and have a small humidor that offers 2 or 3 varieties of cigars. The store does NOT have a deli or offer any perishable grocery items. A new buyer should add a humidor offering a variety of cigars and hookah supplies, a food counter offering hot dogs, sandwiches (pizza not allowed), coffees, donuts, fountain beverages, deli counter, hot foods and more. The grocery selection should be expanded to include more grocery and perishable items such as bread. Also, there is ample room to add a satellite business such as a cell phone kiosk to be set up inside the store. With these additions together with an owner operator and better advertising and extending the business hours on weekend nights should greatly improve the gross sales of the store. This store needs an owner-operator to be successful. Motivated Seller!

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.