Detroit Profitable Beer & Wine Convenience Store

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Very Profitable Beer & Wine Store
Asking Price:
$195,000

Gross Revenue:
$700,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Great Opportunity / East Detroit Convenience/Neighborhood Beer Wine Store

Great Opportunity! Busy Convenience Store, Grocery, Lottery, Beer & Wine. Doing over $700K in sales and increasing by the month, Lottery sales close to 8,000 a week (2 machines) and increasing as well. Store has kitchen that pays rent of $1,200 / month. Potential for more sales by adding, western union, check cashing, money orders and bill pay. Store building is approximately 3,000 SF in good condition. Additionally attached, 1,300 SF buiding as part of the lease and can be utilized for another business or expansion. Corner neighborhood location with street parking on both sides.
This is a great opportunity to get in the Party Store business and start making $.

Potential Liquor License (SDD) transfer to this location should be no issue. Definitely, sales growth potential!

MOTIVATED SELLER!

About the Business

Location:
Detroit, Michigan
Year Established:
1950
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$1,800.00 Per Month
Lease Expiration:
12/31/2037
Facilities:
Corner Neighborhood building.
Market Outlook/
Competition:
Neighborhood, limited competition.
Growth & Expansion:
Employee operated, new owner operator can increase sales.
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About the Sale

Reason For Selling:
Other Interest
Training/Support:
Seller will train as needed.
Seller Financing:
Cash,Land Contract with ?DN

Listing Info

ID:
1658170
Ad Detail Views:
0

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Business Listed by

Harry Dikho

Locations Commercial Real Estate Services
License# 6501364465

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