BUFORD, Georgia
| Asking Price |
$79,000 |
Year Established |
|
|
| Annual Revenue |
$123,000 |
Reason for Selling |
|
|
| Annual P/L |
$50,828 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
|
Listing Number |
949204 |
|
| # of Employees |
|
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Yearly Sales are projected to be $123,000! COGS is only 35%!
Currently the business is a franchise however the Sellers are able to terminate the franchise! Sellers are the only authorized retailer for the PSD brand! PSD has a huge following!
Base Rent is $3,379 per month plus CAM and misc fees. The additional fees to Landlord is only $1,129 per month additional to the base rent. Seller does not have any additional cost except for credit card fees and phone, cable, and internet!
Seller currently does not have any employees and is working the floor herself.
Located in the Mall of Georgia in Buford, GA! Approximately 17 million people visit the Mall of Georgia annually!
Less than 1 hour from Atlanta! 30 min from Lawrenceville and Duluth, GA!
2 miles from apartment complexes like The Ivy at Ariston, Dakota Mill Creek, The Reserve at Ivy Creek Apartment Homes, Preserve at Mill Creek, Town Laurel Crossing Apartments, and Summer Park Apartments.
Close proximity to a 106-acre development with 1,000 new apartment units, townhomes, and senior housing for about 3,000 residents!
4 miles from a massive proposed 700-unit apartment development!
Population is increasing by 3% every year! Median Household Income is $103,165!
Average traffic count of 32,800 vehicles each day!
Asking Price for Business-only: $79,000 plus inventory! Inventory is guesstimated at $60,000.
Property Features and Assets:
Market Competition and Expansion:
<p>Average traffic count of 32,800 vehicles each day!<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity