Detroit Liquor Store with Rental Income and Real Estate Included

This is a well-established Liquor Store located in Detroit, Michigan, with 36 years of operational history. Situated on a major road with high visibility, the business offers a strong foundation for a new owner. The sale includes the business operations, inventory valued at $370,000, and the real estate valued at $800,000, which is included in the asking price of $2,400,000. Gross revenue for the business is $2,600,000. The store benefits from additional income streams, including a pharmacy operating within the premises, which generates $1,200 per month in rent under a 5-year lease with a 5-year option. Lottery commissions add approximately $70,000 annually, and ATM income provides over $3,500 monthly. The business is described as a great opportunity, with potential for growth by adding hot food services and extending store hours. Financing options include CASH/SBA.