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Quick Facts
Asking Price: | $599,000 | |
Annual Revenue: | $2,237,328 | |
Net Profit: | $111 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 808633274 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
Average Monthly Sales are over $186,000 on average per month!
Net profit is over $9,000 per month AFTER paying $6,400 in Payroll and all other expenses including rent. Seller spends only 5 hours a day at the store!
Rent is $14,257 NNN per month with 2 years remaining plus an additional 10 year option to renew! Total 12 years remaining on the lease!
Seller has had the business for 8 years!
Located in North Metro-Atlanta!
Extremely High traffic count of 43,300 vehicles passing by the store each day!
4 miles from a new rental development with 499 units being constructed.
8 miles from Satellite Boulevard Mixed-Use Development containing Apartments/Condominiums, retail, and Site development and $100 million, 354-unit residential development with 90 industrial-style loft units, 200 flat-style units and 64 townhomes.
6 miles from mixed-use project development Gwinnett Place making way for restaurants, retail, office, hotel, lofts, live-work townhomes, multi-family, and two central parks.
Asking Price for Business-only: $599,000 plus inventory! Inventory is guesstimated at $600,000 at cost.
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Market Competition and Expansion:
8 miles from Satellite Boulevard Mixed-Use Development containing Apartments/Condominiums, retail, and Site development and $100 million, 354-unit residential development with 90 industrial-style loft units, 200 flat-style units and 64 townhomes. 6 miles from mixed-use project development Gwinnett Place making way for restaurants, retail, office, hotel, lofts, live-work townhomes, multi-family, and two central parks.
Additional Details:
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