Liquor Convenience Store in Westland MI.

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Liquor Convenience Store in Westland MI.
Asking Price:
$445,000

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

EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$250,000
included in asking price

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Business Description

Great opportunity, Liquor Convenience Store in Westland MI.

Neighborhood setting on Palmer RD. Liquor, Beer & Wine Groceries. Sales are projected to go over $700K in 2019. Lottery doing approximately over $6,000/week not including Instant tickets. Sales can easily be increased with little effort. Yes, building can use some TLC but that can only increase sales.

Seller has been there for many years and made a great living as well as other investments. Oh, and by the way, the seller had a partner, his brother. Seller bought out his partner a few years ago.

Take this opportunity and call or e-mail me with any questions or concerns.

Thank you.

About the Business

Location:
Westland, Michigan
Year Established:
1979
Number of Employees:
3
Real Estate:
Owned
Building Sq. Ft.:
2,101
Facilities:
Great building with upfront parking.
Market Outlook/
Competition:
Neighborhood location.
Growth & Expansion:
Increase sales with little effort.
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About the Sale

Reason For Selling:
Owner retiring
Training/Support:
Owner will stay for up to 3 months for training.
Seller Financing:
Cash, LC, Motivated Seller

Listing Info

ID:
1642977
Ad Detail Views:
0

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Business Listed by

Harry Dikho

Locations Commercial Real Estate Services
License# 6501364465

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