State Highway Liquor Store

www.GlobalBX.com

Listing ID: 700202778

Listing Title: State Highway Liquor Store

Quick Link: http://www.globalbx.com/listing.asp?bId=202778

Industry: Food and Beverage

Industry Segment: Liquor Stores

Country: United States

State / Province: Michigan

Area

City: Newaygo

Asking Price Range: $250K - $500K

Gross Revenues: $500,000

Cash Flow: $75,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1990

Number of Employees: 1 - 3

Business Description:
Here is your opportunity to own a well-established yet growing liquor store on a state highway approximately 1 hour north of Grand Rapids. It features beer/wine/liquor, food stamps, tobacco, groceries and more. Price of $500,000 includes the property PLUS a 2 bedroom house. This property has already been approved by Michigan Liquor Control Commission to add gasoline. Cost to install tanks, dispensers, canopy and pos is approximately $240,000. A major jobber will finance $200,000 of that figure. Awesome opportunity to turn this into a million dollar plus business. You may also by the business only for $75,000 and have an option to purchase agreement on the property. Pricing is plus inventory. Possible assumable loan for the right person. Call Jerry Towner at 817-789-7109 today.



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