Detroit Liquor Store with Rental Income and Real Estate Included
Financial Details
- Asking Price:
- $2,400,000
- Annual Revenue:
- $2,600,000
- Profit Metric:
- Cash Flow
- Location:
- Detroit, MI, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
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.
Industry Information
- Industry Description:
- Liquor Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 1989
- Reason for Selling:
- Other Interest
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $800,000 USD
Assets & Inventory
- Inventory Value:
- $370,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Joseph Barbera
- Company:
- Barbera Business Group/Platinum Realestate INC.
Listing Details
- Listing ID:
- a020e1f2-ec0a-4fb3-97ad-8095d67f6262
- Source Listing ID:
- 2413885
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD