Established Liquor Store for Sale in Detroit, MI

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Financial Details

Asking Price:
$1,250,000
Annual Revenue:
$1,200,000
Location:
Detroit, MI, US
Source:
Date:
August 20, 2025

Key Highlights

- Remodeled liquor store in Detroit, MI with $310,000 in recent upgrades.
- Generates $40,000 annually from lotto commissions and $1,000 monthly from ATM.
- High profit margins on liquor (20-23%) and groceries (50%), includes 5 lots for expansion.

Description

Established liquor store in Detroit, MI, with recent remodeling investments of $310,000. The store benefits from lotto commissions of $40,000 annually and ATM income of $1,000 monthly. High profit margins are reported, with liquor at 20-23% and groceries at 50%. The sale includes 5 lots, offering expansion opportunities.

Industry Information

Industry Description:
Liquor Store
Classification:
Retail

Listing Details

Listing ID:
c2aa595b-7b6b-422c-94d1-2403cfc21749
Deal Status:
For Sale
Date Posted:
August 20, 2025
Last Updated:
August 20, 2025
Currency:
USD

Features & Tags

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