Store is currently closed due to partnership issues! HUGE opportunity for an owner operator to take over and maximize profits.
Zero Goodwill! Asking only a $20,000 acquisition fee and Inventory at cost! Inventory is guesstimated at $15,000 to $18,000!
Buyer only needs to bring roughly $40,000 at Closing!
Store Information:
Monthly sales were approximately $14,000 per month!
Rent is just $2,500 NNN! Lease has 6 and half years remaining plus a 5-year extension available!
The Fixed Expenses are Electricity at $300, NNN Portion at $790, Water at $35, Rent at $2,500, Credit Card fees at $150, Phone, Cable, and Internet at $75, Security system at $30, and Business Insurance at $200.
The rentable area is 1,125 sq ft.
Geographic & Demographic Details:
Average daily traffic count is extremely high at 20,500 vehicles passing by the store each day!
Median Household Income is $82k providing a high disposable income customer base!
Population is increasing rapidly at 6% annually!
Close proximity to Apartments like The Veranda, The Edison Sugarloaf, Sugarloaf Crossing, Celadon On Club Apartments, Lealand Place Apartments, Collins Place.
Close to condominium communities such as Oakdale Commons, Hawks Bluff, and Casa.
Surrounded by popular restaurants like Taqueria Los Hermanos, BBQ Chicken Duluth, BiBa’s Italian Restaurant, and Shawarma King.
Convenient access to hotels like TownePlace Suites, Holiday Inn Express & Suites, and Country Inn & Suites by Radisson.
Close to colleges like Gwinnett Technical College, Atlanta Institute of Music and Media, and Beulah Heights University, with over 3,000 students and staff.
Located in Metro Atlanta! Just 25 min from Lilburn, GA! 1 hour from Athens, GA!
Zero Goodwill! Only pay for the Inventory at Cost and a $20,000 acquisition fee!