Price Reduced!! Dry Cleaners Business-Only in Alpharetta, GA!

Alpharetta, GA
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Asking Price:$349,000
Gross Revenue:$240,000
Cash Flow:$89,354
Rent:$4,710
BUSINESS DESCRIPTION

Sales are currently over $240,000 per year!

Net profit is nearly $90,000 AFTER paying $70,500 in Payroll and all other expenses!

Monthly rent is $4,710 TOTAL with 4 years remaining on the lease. Landlord pays property tax and property insurance! Monthly rent is set to increase on January 1, 2025.

Store is 3,200 SF!

Business is open from 7 am to 7 pm Monday to Friday and 8 am to 4 pm on Saturday! Business is closed on Sundays! HUGE opportunity for a buyer to take over and open on Sundays to increase sales!

Owner is on-site 1-2 hours per weekday and on Saturdays. HUGE opportunity for Owner-Operator to reduce payroll cost and increase profits!

Store is equipped with a new automatic saree rolling machine, which can be used for pressing and rolling Indian sarees, bed sheets, curtains, and drapes. This service has a lot of potential for business and is in high demand in Sandy Springs, Johns Creek, Cumming, and Alpharetta!

Located in North Metro-Atlanta! Close proximity to Sandy Springs, Johns Creek, East Cobb, Cumming and Roswell.

Location population projected to increase by 5% over the next 5 years!

Over 195,000 residents within 5 miles! Median household income is $143k!

Average traffic count of 10,300 vehicles passing by the store each day!

Located in a highly affluent area with a dense population of business and healthcare professionals.

Near Emory Johns Creek Hospital.

Near a new development that includes office and restaurant space, along with about 400 mixed residential units. Another nearby mixed-use development also features 101 single-family residences, 500 apartment homes, a 330-key hotel and conference center, and office space in two buildings. Also close to another new mixed-use development that includes a four-story building with 36 for-sale condominiums and a mixed-use town center project includes restaurant spaces, 42 single-family homes, 168 luxury apartments, and office space.

Close proximity to apartment complexes like Woodhaven at Park Bridge, IMT Alpharetta, Windward Place Apartments, Park at Johns Creek Apartments, The Reserve at Johns Creek Walk, Evoq Town Flats at Johns Creek, and Veranda at Avalon.

Asking Price for Business-only: $349,000! Seller is willing to owner-finance with a 40% down payment!

View Our Listing Videos on YouTube! (https://www.youtube.com/@RiverBrokers)


DETAILED INFORMATION
Location
Alpharetta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Facilities
Store is 3,200 SF!
Competition
Located in North Metro-Atlanta! Close proximity to Sandy Springs, Johns Creek, East Cobb, Cumming and Roswell.
Growth & Expansion
HUGE opportunity for a buyer to take over and open on Sundays to increase sales!
Financing
Seller is willing to owner-finance with a 40% down payment!
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Rutvik Emil
Dmello
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Rutvik Emil Dmello