Business Summary

This popular location has served the lakeshore community for decades. Repeat customers and visitors enjoy a full-service deli counter and a large selection of liquors, local craft beers, and wines from Michigan and around the world. They also offer gourmet food and snacks, catering services and a variety of gift baskets for holidays and special occasions. They possess strong ties to the community and have incredible name recognition, plus they’re also known for their own specialty products that draw repeat customers. Their personal touch and long-term employees have built strong relationships with local patrons and also make a great impression on the summertime tourists that stock up on their way to the Lake Michigan beaches and attractions.

The current owner remodeled and installed new counters, expanded wine racks and replaced the flooring in addition to exterior improvements. There are a multitude of opportunities to immediately increase revenue and there’s ample room on the property for expansion and the addition of new amenities. Ownership is deeply committed to the continued success of the business and willing to assist in the successful transition of operations and staff to the new owner.

Details:

2021 Revenue:                       $425,000

2021 SDE:                              $26,000

Real Estate:                           2,500 square feet on .73 acres

Employees:                            2 full-time and 3 part-time plus the owner

Investment Highlights:

• Immediate opportunities for substantial revenue growth
• Significant expansion potential
• Long history of profitability
• Seasonal boosts from summer tourists and holiday sales

Support & Training:            Owner is willing to assist the transition

Reason for Selling:              Retirement