Liquor Store In Resort Area

Profile:                                               File# C2597

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.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.
 

Location: Oakland County                   Monthly Payment: $4529.10

Business Price: $275,000                   Down Payment:$35,000 + Inventory

Interest Rate: 5%                                 Amortization Period:5 years

Gross Sales: $728,000                        Source:Seller

Cash Flow: TBD                                    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 Acquired: 2009                             Monthly Rent: $2,900.00