Liquor Store Business-Only in a High-Traffic Area of Duluth!
Asking Price has been reduced to $79,000 plus inventory! Seller is motivated! Deal won't last long!
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Key Financials:
Asking Price has been reduced to $79,000 plus inventory! Seller is motivated! Deal won't last long!
Sales were averaging $35,000 per month at 25% margins, with November sales increasing to $45,000.
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!
Net Profit is currently $6,538 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 almost 2 years 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 Monday through Saturday from 12:00 PM to 10:00 PM, and the business is closed on Sundays. 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!
Asking Price for Business-Only has been reduced to $79,000 plus inventory! Inventory is guesstimated at $200,000 at cost.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to [email protected]
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