Convenience Store in Port Austin, Michigan

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30190764
Property Subtypes: Food and Beverage
Building Size (RSF): 1,588 SF
Sale Price: $235,000
Name of Establishment: AJs Market
Year Business Established: 1984
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash, Conv
Last Updated: 1/21/2018

Overview / Comments

Excellent business opportunity located between Caseville and Port Austin and across from Port Crescent Campground and Day Park for automatic customer base. Family-owned and operated for more than 20 years, the business has a liquor license as part of the sale, new roof, new furnace with central air, new well pump, large, updated coolers and trade fixtures. Two storage trailers also accompany this business on the 1.4 acre lot with parking for 11-20 cars with a state highway (M25) running directly in front for exposure.

Additional Details

Industry Segment: Liquor Stores
Reason for Selling: This couple has also has a thriving cleaning business with contracts with local schools that has become their focus as their children have grown and the necessity for two businesses has decreased.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Competition/Market Description: Port Austin and Caseville are primarily resort times due to the proximity to Lake Huron shoreline. However, hunters, year-round fisherman and retirees have increased the visitation to the area as year-round.
Growth/Expansion Opportunities: The possibilities are endless as there is very little commerce between Port Austin and Caseville. Possible food take away business, larger grocery business, deli are all in demand in this area.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,897 118,520 166,550
Median Age: 24.57 33.69 34.25
Households: 11,617 48,907 69,184
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