Hot Listing
Liquor Store - Northville, Oakland County
Business Description
ESTABLISHED LIQUOR STORE WITH REAL ESTATE - NORTHVILLE, MICHIGAN
This well-established liquor store presents an exceptional opportunity in the growing Northville market. Operating continuously since 2015, the business has built a solid customer base and demonstrates strong revenue potential with annual sales of $900,000.
BUSINESS HIGHLIGHTS:
• Prime Northville location with excellent store presentation
• Established 9-year operating history with proven revenue stream
• Real estate included in sale - 3,200 sq ft building valued at $720,000
• Current inventory valued at $300,000
• Seller financing available with flexible terms
• Significant growth potential in expanding market
GROWTH OPPORTUNITY:
The business is positioned for substantial growth with the Northville Downs redevelopment project underway - a $300 million development featuring 443 new homes and condos. This major residential expansion will significantly increase the local customer base. Historical performance shows the store achieved $1.6 million in gross sales in 2020, demonstrating the revenue potential for experienced operators.
FINANCING OPTIONS:
Flexible financing structure available:
• $650,000 cash required
• Potential $545,000 land contract option
• Seller financing terms negotiable
LOCATION ADVANTAGE:
Situated in Northville, Oakland County, this liquor store benefits from an excellent location with strong visibility and accessibility. The area's continued development and population growth create favorable market conditions for sustained business expansion.
The current owner is selling to focus on another business venture, creating an opportunity for a new operator to capitalize on this established retail operation with significant upside potential.
Asking Price: $895,000 (includes real estate and business operations)
Inventory: $300,000 (current value)
Building: 3,200 square feet
Established: 2015
This well-established liquor store presents an exceptional opportunity in the growing Northville market. Operating continuously since 2015, the business has built a solid customer base and demonstrates strong revenue potential with annual sales of $900,000.
BUSINESS HIGHLIGHTS:
• Prime Northville location with excellent store presentation
• Established 9-year operating history with proven revenue stream
• Real estate included in sale - 3,200 sq ft building valued at $720,000
• Current inventory valued at $300,000
• Seller financing available with flexible terms
• Significant growth potential in expanding market
GROWTH OPPORTUNITY:
The business is positioned for substantial growth with the Northville Downs redevelopment project underway - a $300 million development featuring 443 new homes and condos. This major residential expansion will significantly increase the local customer base. Historical performance shows the store achieved $1.6 million in gross sales in 2020, demonstrating the revenue potential for experienced operators.
FINANCING OPTIONS:
Flexible financing structure available:
• $650,000 cash required
• Potential $545,000 land contract option
• Seller financing terms negotiable
LOCATION ADVANTAGE:
Situated in Northville, Oakland County, this liquor store benefits from an excellent location with strong visibility and accessibility. The area's continued development and population growth create favorable market conditions for sustained business expansion.
The current owner is selling to focus on another business venture, creating an opportunity for a new operator to capitalize on this established retail operation with significant upside potential.
Asking Price: $895,000 (includes real estate and business operations)
Inventory: $300,000 (current value)
Building: 3,200 square feet
Established: 2015
About the Business
- Years in Operation
- 11
- Employees
- 4 Part-time
- Facilities & Assets
- 3200 sq/ft stand alone building. Business and real estate included in sale. Completly updated with large new parking lot.
- Opportunities for Growth
- Northville Downs, a $300 mllion redevelopmen including 443 new homes and condos is underway.
Experienced operators can get this store grossing 1.6 million like it did in 2020.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,200
About the Sale
- Seller Motivation
- Another business
- Financing Options
- $650,000 Cash Required. Potential $545,000 land contract
Listing Info
- ID
- 2456937
- Listing Views
- 22
Listing ID: 2456937 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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