LEAN & PROFITABLE & EASY TO OPERATE... Begins to describe “Josephine’s Antiques & Fine Linens” in Alpharetta, GA... Fabulous location- at the entrance of multi-million dollar homes on the Chattahoochee River (Ellard subdivision) and in one of the wealthiest zip codes in the state of GA... Eliminating the need for skilled staff, this hi-end gift shop does 85% inventory purchases domestically (bought in Atlanta) with another 15% shipped from England. Long established 26 yrs ago, this is “private label” Google 5-Star business- with no franchise fees; and very loyal clientele. Josephine’s is located at 8470 Holcomb Bridge Rd #170, Alpharetta, GA 30022... This is a big-sized 2,500 sq ft location- easy to manage with minimal staff (1-3 at a time). $33,700 in average monthly sales- with seasonal lows of $19,000 to $101,000 monthly highs (Dec). Cash received averages $400-$5,000 per month. Approx “net to owner” EBITDA will be $8,000-$24,000 depending on the season... Open 10am-5pm seven days a week (Sun 12-5). Business is managed by the owner who is now retiring- but there are trusted employees than can manage in her absence (will remain after the sale). Here are your financials to this business: lease $3,248.60 per mo (landlord will work w/ buyer during escrow period to negotiate a new term)/ wages to (6) P/T employees rotated ($13-15/ hr.) as 1099s/ day manager’s salary $2,600 mo/ utilities $198 mo/ phone & Internet fees $100 mo/ janitorial $0 mo/ insurance $0 mo/ POS software $0 mo/ COGS (varies of course)… Typical sales day = $1,200. Top sales day = $21,000. Business can be converted to 100% absentee- but currently is not run that way. Owner is the mgr so works a full day... Entire business conveys w/ no debt to buyer... This is a full “asset” sale everything within the operation conveys to the new owner (inventory is extra). Since owner does NO advertising, imagine the potential of implementing a digital marketing program with Instagram, Facebook, etc and leveraging the heavy traffic of this VERY wealthy area of Alpharetta- as well as perhaps serving coffee to patrons while they shop? Owner is retiring... But will provide ALL contacts including England- and even take a trip to England to solidify your relationship w/ their overseas contacts. NOTE: Since this is not a franchise, you are free to change the product theme any way you wish, including importing from other areas of the world! This is a sustainable, established, well-loved business that can be dramatically expanded in operation, scale, and profit (has potential for double+ of monthly sales). Everything conveys- if you close Monday, Tuesday morning your cash register is on. Owner will personally train you thoroughly to ensure a smooth handoff- and stay onboard a period of time- to ensure your success… Confidential appt w/ business broker REQUIRED for a personal tour of business- kindly do not speak to staff… How to finance to purchase this business: Owner is not interested in waiting for a business loan buyer. So options are: 1) HELOC (home equity loan). 2) Self-financing from savings or investments. 3) Cash. BEFORE CALLING OUR OFFICE plz first complete the Contact Form; we will email back a "Buyer Info Packet" within 24 hrs. Only AFTER receipt of Buyer Info Packet do we ask you may call with questions... Ask for Mike at Atlanta’s #1 business brokerage firm- which has been family run & serving local business owners & buyers for 33 years… Visit our website for all contact info. Thank you.