Food & Beverage
Detroit, MI
Financial summary
Comparable pricing
Limited comparables for this listing. No reliable benchmark yet.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
This high volume store is located on one of the busiest corners of Detroit! Showing over $1,800,000 in sales consistently over the last few years, this business is SBA approved with 15% down payment. Only $300,000 inventory makes it very easy to manage and run. Absentee owner. The store does need some work, but the sales justify the price. Located on a hard corner makes the value of the property higher. Pr
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