UNDER CONTRACT Established Liquor Store

Atlanta, GA
listing image
Sale Pending
Asking Price:$750,000
Inventory:$250,000
FF&E:$75,000
Gross Revenue:$1,043,067
EBITDA:$113,388
Established Year:2008
BUSINESS DESCRIPTION

UNDER CONTRACT: Price reduced. Excellent store and location.

UNDER CONTRACT...This store is located in a high density, high income area in Sandy Springs. It is a lease, the real estate is not for sale. It has been established in this location for 15 plus years. It has 3552 sq. ft. with high visibility. A brand new high density development is going in across the street which will bump sales at this location. The store has a high gross profit margin of 24% and has tremendous opportunity for growth in this area. The current owner does no marketing. A good marketing plan would make this business grow by leaps and bounds. NDA/Confidentiality Agreement required to get more information.


ATTACHED DOCUMENTS
NDA/Confidentiality Agreement.pdf Download

DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The store needs a small update to increase sales. New flooring and paint is all it would need. The lease is assignable and the FF&E and coolers are in good shape.
Competition
Nothing big in the immediate area. It is like I tell all of my clients, liquor stores serve a 1-3 mile radius. This store could dominate this demographic with more marketing and a small face lift.
Growth & Expansion
Big opportunity for growth. This store must be marketed and it will grow naturally. There is a new development that is going in across the street that will really bump sales later in 2024.
Financing
SBA financing would be available.
Support & Training
Typical 2 weeks and some phone consultation afterwards
Reason for Selling
Retirement
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Steve
Yurchek
Tuscany Realty, Inc.
Steve Yurchek