Description

Great Opportunity to own a busy neighborhood party store filled with groceries,, lottery,liquor, beer and wine. This free standing building is located on a corner and across from a park with ample parking and property.

Established in 2009 this party store caters to the many homes it is surrounded by. Selling Groceries, Lottery, Cigarettes, Liquor, Beer and Wine which are the top sellers. Also sold here is tackle, licenses and the use of the ATM is also a big draw to the customer. The park across the street is used for athletic events and contains six (6) ball diamonds, basketball courts, a tennis court, volleyball courts, shuffle board courts, a large children's play structure and a picnic pavilion. This store is located perfectly for all the last minute drinks, food and ice needed for events.

The median age in this area is 38.5 with a household count of 1639 and an average household income of $50,000 all within a one mile radius of the store. The traffic count with a mile radius of Otsego is 26,800.

The store has very loyal customers who stop in each and every day because of its convenience and the items carried.

Inventory:Included in asking price $80K
Real Estate:Included in asking price
Facilities: A great piece of real estate. The building is 3,182 square feet - the lot is 12,066 square feet and includes a residential rental property on the lot. Deer processing equipment, in great condition.
Competition: No more liquor license available in the township.
Growth & Expansion: There is room for growth and expansion. Fast foods could be added to the menu rather then just sandwiches and tornado's. Advertising could be done. There is deer processing that could increase sales. With no advertising at all deer processing for approximately 3 months does 20-25 thousand in gross sales.
Support & Training: Available if needed.

Posted Oct 23, 2015

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