Liquor Store With Property

Description

Excellent opportunity to acquire a high volume liquor store with the real estate and two attached one bedroom apartments in suburban Wayne County, Michigan. The approximately 1,700 square foot neighborhood store is located along a heavily traveled roadway and generates approximately $18,000 in weekly sales, with strong exposure to surrounding residential and commercial properties.The business currently operates without advertising, creating substantial opportunities for a new owner operator to increase revenue through strategic marketing and additional services. Potential growth areas include hot food offerings, a dedicated website, cigar humidor, check cashing, and Western Union services.Recent improvements include replacement of the HVAC systems serving the store and both apartments, as well as the walk in cooler condenser. The business has provided the current owner with a strong lifestyle, but health considerations are prompting the sale.This turnkey operation is ready for a new owner operator and offers significant potential for continued growth. The seller is willing to provide training.Lotto Commission: $20,000 annuallyATM Income: $500 to $600 monthlyApartment Rental Income: $1,450 per month totalApartment rents are currently below market and may be increased to current market rental rates.