Cumming, GA (Forsyth County)

Seller Financing Available
Liquor Store
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $16,600

Inventory: $67,400

Rent: $2,000 /Month

Established: 2018

Liquor Store

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Business Description

Buyer or Investor wanted

Liquor Store located in Forsyth County on busy Hwy 400, landmark location with traffic light. Plenty of parking. Convenient to lakes, mountain properties, & all of North GA. Want to sell for $450k with some owner financing available, OR looking for an investor, $150k. The investor would receive 6% interest or a share of the business. This location has been open for 5 months & has done very well. We forecast profitability in 4-6 months. We project revenues within 2 years at $1.2m. (Agents protected at 4% commission.)

Detailed Information

Location:
Cumming, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
10/1/2030
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased property, 12 years transferable with 30 day written notice. All inventory, furnishings, & fixtures included in price.
Competition:
Our location & helpful, friendly employees have created the most competitive store in the nearby area.
Financing:
Call 770-317-0538 for details. Owner prefers phone contact.
Support & Training:
Owner willing to stay on license until new license has been acquired by new owner & will provide some training. Training will also be provided on POS system, which includes 24 hour support from POS IT.
Reason for Selling:
Need more capital to build inventory at competitive pricing.
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Business Listed By:
Robert Evans

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