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Greatly located and well established Liquor Store in Gwinnett County

Gwinnett County, GA

Greatly located and well established Liquor Store in Gwinnett County
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Asking Price: $3,200,000

Cash Flow: N/A

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: $50,000

Inventory: $600,000*

Real Estate: $2,000,000

Established: N/A

*not included in asking price.

Greatly located and well established Liquor Store in Gwinnett County

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Business Description

Great Location with Consistent Growth

CONSISTENTLY increasing revenue! Prime location in one of the fastest growing areas in the United States. Greatly longtime established business for over a decade that has been generating very steady income through strong sales from loyal clientele. The property is a 13,528 SF building on 1 acre lot with leased out rental spaces (extra rental income: $24,000 yearly). Excellent location with distinct visibility from very busy main road and also located in a densely populated area. Convenient Ingress and Egress with two curb cuts. The daily traffic count is 25,900 cars per day. Great growth potential to keep pace with City’s growth that reflects increases in population and area – NICE and SAFE NEIGHBOURHOOD.

* BUYER ONLY – Sorry NO CO-OP.
* Buyer must have sufficient funds to cover 20% down payment ($760,000) plus closing costs and working capital in order to qualify for a SBA Loan.
* Marketing Package to be provided ONLY UPON receipt of the Buyer’s completed & signed Confidentiality Agreement and a Proof of Funds over $760,000.
* All showings by appointment only
* Price is firm ($3,200,000 plus $600,000 at cost in inventory)

* CONTACT: (email to) youngkoh@green-koh.com or (text to) 770-851-2600

Attached Documents


Detailed Information

Location:
Gwinnett County, GA
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
13,528
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
13,528 SF building on 1 acre land. Two walk-in coolers (12 doors and 8 doors). Spacious stockroom. Plenty of parking spaces
Competition:
Already established over the past decade. Healthy growing market.
Growth & Expansion:
Many of new residential units and mixed-use units have been recently developed within 3 miles from this store. Prime location in one of the fastest growing areas in the United States.
Support & Training:
For two weeks at no cost to the buyer.
Reason for Selling:
For Retirement and relocation.
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Young Koh

Business Listed By:
Young Koh

Youngs Realty Corporation

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