Business-only Business for sale in Cumming, GA
American-Owned Liquor Store Business-Only in Cumming | North Metro Atlanta, GA!
Offer Price
$999,000
Business-only
About this property
American-Owned Liquor Store Business-Only in Cumming | North Metro Atlanta, GA!
Financial Information:
Sales are over $147,000 per month! Seller has partnered with DoorDash to deliver goods and added Gift Cards and vapes!
Rent is $14,563 NNN per month with 3 years remaining on the lease and an additional 5-year renewal option!
Net Profit is over $9,000 per month after all expenses including rent and a payroll of $8,507! HUGE opportunity for an Owner-Operator!
American Owned! Store is 6,026 SF!
More than 110 Google Reviews with an average 4.5 stars rating! Take over a store that is well-known and trusted by the local community!
Location Information:
Store is located 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! Positioned next to a Walmart Supercenter, providing a huge opportunity to attract additional traffic!
Located just 3 miles from Lake Lanier, an extremely popular tourist destination. OVER 10 MILLION people visit Lake Lanier each year, presenting a MASSIVE opportunity to capitalize on this traffic to increase sales!
Local population is BOOMING — increasing by 7.5%! Median Household Income is $101k and climbing!
Construction has started on 700+ housing units supporting the new Coal Mountain Town Center within walking distance from the store! This is a new mixed-use hub similar to the Avalon in Alpharetta!
Also 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 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 store is surrounded by affluent neighborhoods and continuous growth, presenting a tremendous opportunity to tap into a financially strong customer base!
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.
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!
Asking Price for Business-Only has been reduced to $999,000 plus inventory! Inventory is estimated at $450,000 at cost.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Building size: 6026 sq ft
Property Details
Location
Business Details
Pricing Details
Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.