OGLETHORPE, Georgia
| Asking Price |
$10,000 |
Year Established |
|
|
| Annual Revenue |
$540,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
$0 |
Listing Number |
1005517 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Liquor Stores |
|
Business Overview:
Key Financials:
Asking Zero Goodwill! Buyer only needs to pay $10,000 towards the acquisition fee and the inventory at cost!
Inventory at cost: Estimated at $280,000
Goodwill: ZERO GOODWILL
Geographic & Demographic Details:
Population is growing at a steady rate of 2% per year!
Median household income in the area is $39,000!
Nearby restaurants include Meal Ticket, La Piñata, Tongue Therapy Inc., Old Mexico Bar & Grill, and Oglethorpe BBQ!
Just 1 hour from Macon, GA, Columbus, GA, and Albany, GA! Only 2 hours from Atlanta, GA!
Seller is 100% Absentee and cannot afford for you to speak to employees! Please do not speak to the employees and only visit the store as a customer! The seller will not proceed if you contact the staff directly!
Sales are averaging $45,000 per month at 25% margins. Country Store = Higher Margins!
Lottery Commission is $2,000 per month! Check-cashing Commission is $200 per month!
ATM is not installed yet! Great opportunity to increase income!
Rent is only $2,500 NNN per month with a 10-year lease available!
Store Information:
Building area is 1,920 Sqft!
Store has been operating for 3 to 4 years with consistent performance and solid customer retention!
Spacious layout in a strong retail corridor!
Store is fully operated by employees, offering a fantastic opportunity for an owner-operator to maximize earnings by being hands-on!
Convenient hours of operation! Open only 12 to 13 hours per day!
City of Oglethorpe does NOT require the buyer to be a resident of that County!
Buyer’s Responsibilities:
Acquisition Fee: $10,000
Rent: $2,500 NNN per month
Asking Zero Goodwill! Buyer only needs to pay $10,000 towards the acquisition fee and the inventory 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