Hot Listing
Liquor Store Business-Only in a High-Traffic Area of Duluth
Business Description
Asking Price has been reduced to $125,000 plus inventory! Huge opportunity to capitalize on higher Christmas time sales!
Sales are currently averaging $35,000 per month at 25% margins!
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 $4,000 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 1 year 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 11 AM to 10 PM. 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 $125,000 plus inventory! Inventory is guesstimated at $200,000 at cost.
Sales are currently averaging $35,000 per month at 25% margins!
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 $4,000 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 1 year 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 11 AM to 10 PM. 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 $125,000 plus inventory! Inventory is guesstimated at $200,000 at cost.
About the Business
- Website
- https://riverbrokers.com/
- Market Outlook / Competition
- Population is increasing by 5.5% year over year! Median Household Income is high at $111k!
- Opportunities for Growth
- Located near the busiest Kroger in the region, with weekly sales of $1.2 million! Massive opportunity to capture consistent spillover traffic!
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,820.00 per month
Listing Info
- ID
- 2431767
- Listing Views
- 87
Business Location
Listing ID: 2431767 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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