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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