Liquor Store, Building, Apt & House

File# C2560
Location: SW Oakland County
Business Price: $300,000
Down Payment: $100,000
Monthly Payment:$3,960.24
Interest Rate: 7%
Amortization Period:5 years
Gross Sales: $812,700 + Lottery sales of $165,293
Source: 2019 Tax return
Cash Flow: TBD
Source: 2019 Tax return
Inventory: TBD
Days Open: 7
Business Hours: M-Thur: 7am-11pm, Fri: 7am-12am, Sat: 9:30am-12am, Sun: 8am-10pm
Seats: NA
Parking: Parking Lot
Licences Required:Liquor and Lotto
Year Established:2003
Year Acquired: 2003
Building Price:$275,000
Building Terms:7% for 10 years

Profile:

This is a great opportunity to own an excellent, free standing Liquor Store (Beer, Wine, and Liquor) with real estate in SW Oakland County. There is 1 house and an apartment on top of building also included in the sale. The house and the apartment are both rented out on a month-to-month lease. This high-volume store is located across from a beautiful lake and a boat launch. The area is also surrounded by many upscale homes and businesses. The current owner does no advertising and does not offer any hot or cold foods. A new owner can increase the revenues substantially by doing creative marketing/advertising and also by adding hot or cold foods.

Lottery sales of $165,293

If you are looking for a high-volume Liquor Store with an amazing location and good purchasing terms, look no further. The owner is ready to retire but is willing to train the buyer. Call us today to learn more about this opportunity.

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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.