Liquor Store w/ Property

Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$900,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed

Real Estate$250,000
Not included in asking price
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Liquor Store w/ Property


Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$900,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed

Real Estate$250,000
Not included in asking price

Seller Financing Available
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)
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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