Liquor Store West Side Detroit On 8 mile. SBA Approved. Bus&Building - Business for Sale
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Liquor Store with Real Estate in Detroit, MI
MI, US
Added 26 days ago
Liquor Store
51 years in business
Retiring Owner
Liquor store with over 50 years of community presence and 2,600 sq ft building located on the west side of Detroit, Michigan, is offered for sale with both business and real estate included.
Key Information
Asking
$700K
Revenue
$1.2M
Earnings
$200K
Multiple
3.5x
Key Highlights
- Business and building are included in the sale
- Store has been in the community for over 50 years, with current ownership for 20 years
- Building size is 2,600 sq/ft with parking available
- Average annual lottery commission is $35,000
- SBA approved with 10% down payment
Contact Info
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