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Liquor Store for Sale

Sterling Heights, MI (Macomb County)

38100 Van Dyke Ave.Sterling Hgts, MI 483312
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Asking Price: $650,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Established: 1988

*not included in asking price.

Liquor Store for Sale

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Business Description

Motivated seller - great family business

Family owned liquor store located in excellent Sterling Heights neighborhood directly across from the Chrysler Sterling Heights Assembly plant where the Dodge Ram is being produced. Business has been operating for over 30 years. Located on a corner lot. Building is 5050 sq. ft. in size. Parking lot holds 31 vehicles and has 2 entrances available. Store offers sale of liquor, beer, wine, & lottery (2 machines). Grossing over $1,000,000 in sales not including lottery. Lottery sales for 2018 were over $1,600.000.Potential growth opportunity for new owners. Current operation hours can be extended to further growth opportunity. Plenty of room for expansion. Asking price for business only is $650.000 plus inventory. Building is not for sale. Rent will be $5,000 per month triple net. Please contact Saad for more information at 586-873-3177 or by email at saadshammami88@gmail.com.

Detailed Information

Location:
Sterling Heights, MI
Inventory:
Not included in asking price
Employees:
-3
Facilities:
20 Door Walk-in Cooler, Beer Cave, Wine Cooler, 6 Door reach-in beverage cooler 6 ft. deli counter, pizza oven & warmer, ATM, shelving, etc.
Competition:
Prime location convenient to the plant workers and apartment complexes and houses in the area. Over 60,000 vehicles pass by the store daily.
Growth & Expansion:
Expansion of the deli area and extended hours of operation could increase business substantially.
Financing:
Cash sale or negotiable
Support & Training:
Owner willing to train if needed
Reason for Selling:
Owner is ready for retirement.
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Business Listed By:
Saad Shammami

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