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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: motivoweb@gmail.com

Liquor Store with Resort License

Liquor Store with Resort License

Upscale Oakland County

Listing#: C2597
Description

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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Business Overview

Revenue $728,000
Cash Flow TBD
Inventory $75,000 +/-
Year Established N/A
Seller Financing Yes
Employees 2FT 0PT
Asking Price $275,000
Key Statistics
  • Hours of Operation: Mon-Sat: 10:30-9:00, Sun: 11:00-8:00

  • Employees: 2 Full Time 0 Part Time

  • Year Established: N/A

  • Year Acquired: 2009

  • Liscence Required: Liquor License & Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $728,000

  • Source: Seller Stated

  • Cash Flow: TBD

  • Source: Seller Stated

  • Inventory Value: 75,000 +/-

Seller Financing
  • Business Price: $275,000

  • Down Payment: $35,000

  • Monthly Payment: $4,529.10

  • Interest Rate: 5%

  • Amortization Period: 60



Location
  • Monthly Rent: $3,000

  • Lease Terms: Triple Net Lease

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