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Party Store / Market
Location: United States -> Michigan -> Lincoln Park
Industry: Food and Beverage > Liquor Stores




Business Summary

This is a long established, busy party store that sells beer & wine, lottery, tobacco, groceries and more. The profit margins are high! It is ideally located in Lincoln Park...a great blue collar area. Seller has owned the store and property since 1992. Purchaser can buy the business with the building and real estate on Land Contract terms or buy the business and lease the building and real estate.

Per the Seller...sales average over $450,000 per year plus Lottery commission of over $20,000 per year. Seller will prove these figures to a qualified Purchaser with an acceptable Purchase Agreement. The Seller has bought another larger store and cannot run both locations. A must see/must have business! Turn key operation! Call Armen Nazarian at 248-855-7753 for more information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $450,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  1992
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Bought another store




Print Listing Id: 700186073
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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