Request More Information Contact the Seller
- RE: Liquor Store Business-Only In Duluth, GA!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $420,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $48,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 996061 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Sales are currently averaging $35,000 per month at 25% margins!
Lottery is approved but not yet activated! ATM income is not being generated yet! An immediate opportunity to increase income by starting the Lottery and ATM!Â
Net Profit is currently $4,000 per month AFTER paying rent and all other expenses! Rent is only $2,820 NNN plus CAM per month with 8.5 years with one additional 5-year renewal option available!
There is currently no payroll as the seller runs the store full-time and does not have any employees.
Store Information:
Store is 1 year old and professionally built out! Owner has spent $148,000 on the interior, including plumbing and a premium $11,000 sign package.
Operating hours are 11 AM to 10 PM. Huge opportunity to increase sales by extending hours!
Located near the busiest Kroger in the region, with weekly sales of $1.2 million! Massive opportunity to capture consistent spillover traffic!
Demographic and Geographic Details:
Store is located in a highly commercial corridor with dense surrounding residential neighborhoods!
Population is increasing by 5.5% year over year! Median Household Income is high at $111k!
Extremely High Traffic Count of 59,200 vehicles passing by the store each day!
In close proximity to the restaurant The Breakfast Bar, Best Wing & Grill, Flying Roll, Good Word Brewing & Public House, Big Sister's Kitchen and Whealthy!
Close to hotels including Hilton Garden Inn, Red Roof Inn, Hyatt Place Atlanta, Wyndham Garden!
In the vicinity of apartment communities including The Foundry, Everleigh, Highlands at Sweetwater Creek, Sugarloaf Walk and Annabelle on Main!
Located in Metro-Atlanta! 35 mins from Downtown Atlanta! 40 mins from Marietta, GA! 20 min from Lawrenceville, GA!Â
Asking Price for Business-Only: $249,000 plus inventory! Inventory is guesstimated at $200,000 at cost.
>>
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Store is located in a highly commercial corridor with dense surrounding residential neighborhoods!
Extremely High Traffic Count of 59,200 vehicles passing by the store each day!
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
