Tustin Liquor Store

Undisclosed Address, Michigan
Business Opportunity for Sale
Tustin Liquor Store
Catylist Listing ID: 30750500
Property Subtypes: Food and Beverage
Building Size (RSF): 7,000 SF
Sale Price: $400,000 - 500,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash, commercial loan, land contract/promissory note
Last Updated: 11/1/2021

Overview / Comments

Great opportunity. This store is currently closed but ready for a new owner. Price includes all ff and e and SDD/SDM license. Only liquor store in Tustin, Michigan about 1/2 mile east of US 131 northbound. Store is being cleaned and set up to be turn-key operation.

The SDD/SDM license is available by itself for $100,000. It is the ONLY license in Tustin. Building, without the license is priced at $350,000. Don't miss this chance to build YOUR business in a great location about 2 hours north of Grand Rapids. NO COMPETITION!!!

Also, room for a restaurant, deli or Tavern.

Additional Details

Industry Segment: Liquor Stores
Reason for Selling: Current owner has multiple additional business interests.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $300,000
Real Estate Lease Description: Possible lease with option to purchase. Option fee will be $25,000 and lease rate will be determined by negotiation.
Competition/Market Description: NO COMPETITION. Only SDD/SDM license available in Tustin, MI.
Seller Financing Description: TBD by buyer qualifications and down-payment

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031

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