Liquor Store w/Franchise Pizzeria-Newly Remodeled (Closed)

File# C2527
Location: Oakland County
Business Price: $570,000
Down Payment: $300,000
Monthly Payment:$8,213.92
Interest Rate: 6%
Amortization Period:36 months
Gross Sales: NA
Source:
Cash Flow: NA
Source:
Inventory: $80,000+/-
Days Open: NA
Business Hours: NA
Seats: NA
Parking: ample
Licences Required:Sales Tax/SDD
Year Established:2015
Year Acquired: 2015
Building Price:$550,000
Building Terms:Cash

Profile:

This is an excellent opportunity to own a newly remodeled liquor store surrounded by three lakes. The store is surrounded by waterfront houses, located on a busy road and has minimal competition in the area. The owner did a beautiful job completely remodeling the interior and exterior of the store last year. There is also a popular franchise pizzeria located inside. The store is just north of Telegraph Rd. and on the way to DTE Energy Music Theater which brings a lot of traffic to the store on event nights. The owner had the business and building leased with a profit sharing deal but had to evict the lease because of theft issues. As a result, the business is now closed.  The owner has now decided to just sell the business and real estate. The business is turn-key with all the inventory and equipment in place including the pizzeria. Everything is in almost-new condition. According to the seller, the business was doing $1.6MM in sales per year while operating. Give us a call today to learn more about this fantastic 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.