Beer & Wine Party Store w/Lottery

File# C2509
Location: Wayne County
Business Price: $160,000
Down Payment: $60,000
Monthly Payment:$1,933.29
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $703.246
Source: 2018 Tax Return
Cash Flow: $84,982 +
Source: 2018 Tax Return
Inventory: $70,000 +/-
Days Open: 7 days
Business Hours: Mon-Fri 6am-11pm, Sat 8am-11pm, Sun 8am-10pm
Seats: NA
Parking: 20+
Licences Required:SDM/Lottery/Sales Tax
Year Established:1980
Year Acquired: 2018
Building Price:$275,000
Building Terms:$100,000 down, 7%, 60 months

Profile:

This is a profitable, very busy party store that sells specialty craft beer (high profit margin), other domestic and imported beer, wine, pop, some groceries, and snacks. The sale includes a beverage counter with fountain pop (very high profit) coffee, cappuccino and more. The store is ideally located in a suburban, blue collar Wayne County city perfect for this business. Per 2018 Income Tax Return, sales were $703,246 with a net profit of $84,982. The building is for sale or lease with the business. Make your appointment today!

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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.