Liquor Store W Property

Description

Liquor store for sale in Wayne County, Michigan. The business has been operating since 1977 and serves an existing local customer base.

Store details

• Approximately 6,500 sq. ft.
• Operating since 1977
• Weekly sales of approximately $45,000
• Located along a busy commercial road
• Real estate available with or separately from the business

Products

• Liquor
• Wine
• Grocery items
• Additional convenience merchandise

The seller reports strong cash flow and does little to no active advertising.

Growth

A new owner could review several areas for additional sales:

• Website and digital marketing
• Cigar humidor
• Additional retail products
• MoneyGram or similar financial services
• Prepared food

Any new financial service, tobacco or prepared-food offering would require the applicable approvals, licenses and vendor agreements.

Sale and transition

The owner is retiring and is willing to assist with the transition after closing.

The business can be purchased with or without the underlying real estate.

Due diligence

Buyers should verify historical financials, weekly sales, gross margins, inventory value, liquor and grocery sales mix, real estate value, lease terms if applicable, equipment ownership, staffing and vendor accounts before closing.

The liquor license and any related permits are subject to applicable Michigan transfer and approval requirements and should not be assumed to transfer automatically.