MCDONOUGH, Georgia
| Asking Price |
$749,000 |
Year Established |
|
|
| Annual Revenue |
$948,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
$175,000 |
Listing Number |
1004231 |
|
| # of Employees |
|
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
Sales are $948,000 per year, which is an average of $79,000 per month!
Net profit is nearly $175,000 AFTER paying $200,000 in Payroll, rent, and all other expenses! Huge Opportunity for an Owner-Operator to reduce payroll and take home significantly more income!
There are currently 4 full-time employees and 2 drivers.
Monthly rent is $4,738 NNN plus CAM with the current lease running through April 30, 2032.
Store Information:
This high-performing franchise is located in one of McDonough’s busiest retail corridors.
The business is currently absentee owned and run by a reliable team of trained staff.
An owner-operator can take this well-established location to the next level by reducing payroll costs and actively driving local outreach.
The store is fully equipped with commercial-grade kitchen appliances, walk-in cooler, and prep stations for high-volume order fulfillment.
A company-branded delivery van is included in the sale to ensure efficient and recognizable local deliveries.
Franchise Information:
The franchise transfer fee is $11,200.
Franchise royalties are 8% plus 2% marketing fee plus 14% of online sales. The business's online sales are roughly 70%, which equates to a total 21% of sales to the franchise.
Geographic and Demographic Details:
Population is increasing by 3% per year!
McDonough continues to experience strong population growth with expanding residential and commercial developments, making it a prime location for a gifting and delivery-based business.
Median Household Income in the area is over $84,000!
High traffic count of 16,600 vehicles passing by the store each day! Store is located right off Interstate-75!
Nearby hotels like Fairfield Inn & Suites, Courtyard Atlanta, Holiday Inn Express and Suites Atlanta, Hilton Garden Inn and Tru by Hilton.
Near K-12 schools like Eagle's Landing Middle School, Flippen Elementary School, Walnut Creek Elementary, Dutchtown Elementary School and Benjamin Academy collectively serve over 3,000 students and faculty!
Located in Metro-Atlanta!
Asking Price for Business-only: $749,000 plus inventory! Inventory is estimated at $10,000 at cost.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity