American-Owned High Volume Liquor Store Business-Only in Cumming, GA!
| Asking Price: | $1,900,000 |
| Gross Revenue: | $1,958,844 |
| Rent: | $14,563 |
| Cash Flow: | $116,616 |
| Inventory: | $450,000 |
Sales are over $163,000 per month!
Inventory is under $450,000! A liquor store of this size should typically carry over $1,000,000 in inventory at cost. The Seller is unable to take advantage of deals and increase margins due to limited working capital.
Seller does not sell lottery currently! Huge opportunity for Buyer to sell lottery!
Net profit is over $9,700 per month after all expenses including rent and a payroll of $8,200! HUGE opportunity for an Owner-Operator!
Rent is $14,563 NNN per month with 4 years remaining on the lease and an additional 5-year renewal option!
Located just 3 miles from the extremely popular tourist destination — Lake Lanier. OVER 10 MILLION people visit Lake Lanier each year, presenting a MASSIVE opportunity to capitalize on this traffic to increase sales!
Situated off the US-19 and GA-369 Interchange with over 40,000 vehicles traveling along US-19 daily! Plus, 14,600 vehicles pass directly by the store each day!
Local population is BOOMING — increasing by 7.5%! Median Household Income is $101k and climbing!
Near several K-12 schools and higher education facilities including North Forsyth High School, North Forsyth Middle School, Coal Mountain Elementary School, Primrose School of Cumming North, Cornerstone Schools, Alliance Academy for Innovation, and the University of North Georgia—collectively serving over 25,000 students!
Close proximity to restaurants like Hibachi Express, Palapas Bar and Grill, Starbucks, Popeyes Louisiana Kitchen, The Human Bean, Pizzeria Azzurri, Juarez Taqueria, Rice Restaurant & Sushi Bar, Laredo's Mexican Restaurant, and Burger & Shake.
Near many apartment complexes like The Falls at Forsyth Apartments, Alta Northerly, The Columns at Pilgrim Mill, Benet Hall Apartments, Mayfield Place, The Heights at Sawnee Village Apartments, Polaris at Cumming Apartments, Brookside Heights, and Bexley Westshore.
Situated near a master-planned residential community with 244 single-family homes and 200 three-story townhomes, as well as an upcoming townhome project with up to 85 units. Additionally, there is a 310-unit luxury complex and a 176-unit housing development just a short distance from the store, all positioned at higher price points. This prime location is surrounded by affluent neighborhoods, presenting a tremendous opportunity to tap into a financially strong customer base!
50 minutes from Atlanta and Marietta, GA! 2 hours from Macon, GA and Chattanooga, TN! 2 hours 20 minutes from Columbus, GA! 2 hours 45 minutes from Augusta, GA!
American Owned!
Store is 6,026 Sqft!
More than 110 Google Reviews with an average 4.5 stars rating!
Positioned next to a Walmart Supercenter, providing a HUGE opportunity to attract additional traffic!
Asking Price for Business-Only: $1,900,000 plus inventory! Inventory is estimated at $450,000 at cost.
