Liquor Store In Resort Area

File# C2597
Location: Oakland County
Business Price: $275,000
Down Payment: $35,000 + Inventory
Monthly Payment:$4529.10
Interest Rate: 5%
Amortization Period:5 years
Gross Sales: $728,000
Source: Seller
Cash Flow: TBD
Source: Seller
Inventory: $75,000
Days Open: 7 days
Business Hours: Mon-Sat: 10:30-9:00, Sun: 11:00-8:00
Seats: N/A
Parking: Ample
Licences Required:Liquor and Sales Tax
Year Established:
Year Acquired: 2009
Monthly Rent:$2,900.00

Profile:

This is an amazing opportunity to own a liquor store for a very low down payment & price. This store is located near many high-end residential lake homes, and by a well-known & busy lake/park in the Oakland County area. It has been established for many years and the current owner has owned it for 12+ years with great sales numbers. It offers a large selection of liquor and fine wines and has a large beer cave. The inside of the store is well organized and extremely clean.

Sales in 2020 were $14,000 per week consistently for in-store items and over $365,000 in lottery sales. The building is 2,400 SQ FT with a large parking lot. Adding hot/cold food can increase the revenue as well as adding delivery to the local sand bar on the lake. A new owner can also do some local advertising to take this store to the next level.

This is your opportunity to own your own liquor store on lakefront property with a low-down payment.

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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.