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Plymouth,MI 48170
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 28,556 sqft
Price per Sqft $5
Municipality Plymouth
Subdivision Plymouth
MLS Listing ID 20251007384
Year Built 1964
Lot Dimensions 203 X 418
Property Sub-Type Business
Source Realcomp
Property Description
Step into ownership of a highly rated and profitable Indian/Pakistani grocery store with over $1.35 million in annual revenue and strong cash flow. This well-organized and fully equipped store has built a loyal customer base and is praised for its clean layout, courteous staff, and authentic product selection, as reflected in its excellent Yelp reviews. Spanning 5,533 sq ft, the business is located in a high-traffic commercial corridor, offering maximum visibility and easy access. The rent is $10,309/month, with a lease secured through March 2028, providing long-term stability. Inside, the store is fitted with $100,000 in furniture, fixtures, and equipment, including shelving, commercial refrigeration, POS systems, and security systems—all included in the sale. Inventory, valued at approximately $75,000, is not included but can be purchased separately. A unique value-add feature includes a fully prepped space for meat and poultry, along with unused floor space, presenting growth opportunities through hot foods, catering, or expanded inventory. With no direct competitors offering similar ethnic goods within a 5-mile radius, the store holds a strong position in the local market and continues to attract a diverse customer base seeking specialty South Asian products.The business currently operates with a team of 5 employees and is ideal for either an owner-operator or a hands-off investor. The current owner is offering 60 days of post-sale support with management salary to ensure a seamless transition. The reason for sale is retirement, making this a rare chance to acquire a turnkey operation with strong financials, excellent location, and room to grow. M147248170
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multiple,Offic
Direction NA
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID 49010990015301