MergerPlace

Liquor Store W/Real Estate-Ann Arbor

Ann Arbor, Michigan


  • Asking Price: $1,249,980
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: $749,990
  • Inventory: $190,000
  • FF&E: $190,000
  • Listing ID: #209514
  • Established: 1993
  • Employees: 4 FT

Business Description

College Town Liquor Store

Great opportunity to own a Liquor Store in a busy College Town. This Liquor Store is located in a highly populated/desirable area in Washtenaw County. Current owner has recently renovated the entire store. Upgrades include a brand new walk-in cooler, LED lighting, flooring, counters, shelving, and much more. Operating expenses are minimal in this 3,800 sqft space. Gas and electric bills average about $900 per month combined in this very efficient state of the art store. Sales are increasing weekly. Seller has stated that prior sales in recent years have been as high as $38,000 per week. Lottery commission is currently $26,000 per year. With the addition of a full kitchen, adding Pizza, Chicken, Subs, etc. this Liquor Store has the potential to increase sales dramatically. Seller is motivated to Sell and will entertain all respectable offers.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Michigan
Metropolitan Area: Ann Arbor

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $1,249,980
FF&E: $190,000
Inventory: $190,000
Real Estate: $749,990
Seller Financing Available: No

Property Information

Facilities:

3800 Sqft, Newly Renovated, Prime Location , High Traffic, Building Financing: $175,000 Down, 6% Interest, Amortized over 120 Months, Balloons in 60 months. Payment $6,383.57 per month Business Financing: $175,000 Down, 7% Interest, Amortized over 120 months, Payment $6,095.54 per month

Growth & expansion opportunities:

Store sales are averaging around $23,000 per week.

Reason for selling:

Seller has other business ventures

Support & Training:

Seller will Train

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Paul Habba

Locations Commercial Real Estate Services