Liquor Store w/ Property
Business Description
This is a great opportunity to own a high-volume Liquor Store with Property and attached (2) 1-bedroom apartments in Suburban Wayne County. This 1,700 sq ft neighborhood store is located on a highly traveled road averaging $18,000 in weekly sales and surrounded by plenty of residential and commercial properties. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding hot foods, website, cigar humidor, check cashing and western union, you have HUGE potential to the already high volume. Owner just recently replaced the HVAC for the store and both apartments along with the walk-in cooler condenser. This store gave the owner a great lifestyle but his health forces sale. Turn-key store only needing a new owner/operator with unlimited potential. A must see/must have business that will not last long or disappoint. Owner will train!! Call Armen Nazarian Business Brokers
Lotto Commission: $20,000 yearly ATM: $500-$600 monthly Apartment Rents: $1,450 monthly total (Rents need to be increased to current market rental rates)
Lotto Commission: $20,000 yearly ATM: $500-$600 monthly Apartment Rents: $1,450 monthly total (Rents need to be increased to current market rental rates)
About the Business
- Years in Operation
- 29
- Employees
- 3 (2 Full-time, 1 Part-time)
- Facilities & Assets
- This is a great opportunity to own a high-volume Liquor Store with Property and attached (2) 1-bedroom apartments in Suburban Wayne County. This 1,700 sq ft neighborhood store is located on a highly traveled road averaging $18,000 in weekly sales and surrounded by plenty of residential and commercial properties.
- Website
- https://www.armennazarian.com/
- Opportunities for Growth
- Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding hot foods, website, cigar humidor, check cashing and western union, you have HUGE potential to the already high volume. Owner just recently replaced the HVAC for the store and both apartments along with the walk-in cooler condenser. This store gave the owner a great lifestyle but his health forces sale.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,700
About the Sale
- Seller Motivation
- Health
- Transition Support
- Seller will Train
- Financing Options
- $225,000 with $99,000 down. 8% int., amortized over 84 months
Listing Info
- ID
- 2532637
- Listing Views
- 17
Listing ID: 2532637 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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