Liquor Store and Smoke Shop

File# C2375
Location: Canton
Business Price: $275,000
Down Payment: $150,000
Monthly Payment:$2,475.15
Interest Rate: 7%
Amortization Period:60 months
Gross Sales: $820,687
Source: 2016 Tax Return
Cash Flow: $91,512
Source: 2016 Tax Return
Inventory: $100,000
Days Open: 7 days
Business Hours: Mon-Thur: 10am - 9pm, Fri-Sat: 10am - 10pm, Sun: 11am - 9pm
Seats: NA
Parking: ample
Licences Required:SDD, SDM, Sales Tax, Lotto
Year Established:2006
Year Acquired: 2006
Monthly Rent:$2,500 Gross

Profile:

This is your opportunity to own a highly profitable and established Liquor Store and Smoke Shop located in a desirable area of Canton, MI. Established in 2006, and this store is 2,000 sq. ft., has 12 walk-in coolers, 9 reach-in coolers and a humidor. The inventory includes a vast selection of liquor and cigars, cigarettes and tobacco. The business generates a cash flow of $91,5000 with monthly sales of approximately $70,000, and lotto commission of $1,500. Jan-Sep, 2017 Y-T-D sales were $629,690. This is a commercial lease with rent of only $2,500 including real estate taxes! The current owner is purchasing a motel/hotel. Call to schedule your appointment today!

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.