Price Reduced! Liquor Store Business-only in Oglethorpe, GA!
Business Description
Key Financials:
Sales are averaging $45,000 per month at 25% margins. Country Store = Higher Margins!
Lottery Commission is $2,000 per month! Check-cashing Commission is $200 per month!
ATM is not installed yet! Great opportunity to increase income!
Rent is $3,500 NNN per month with a 10-year lease available!
Net Profit is currently $2,300 per month AFTER paying $4,200 in payroll, as well as rent, and all other expenses! Huge Opportunity for an Owner-Operator to take over and take home $6,500 per month! Maximum Potential is NOT reached at this location!
Store Information:
Building area is 1,920 Sqft!
Store has been operating for 3–4 years with consistent performance and solid customer retention!
Spacious layout in a strong retail corridor!
Store is fully operated by employees, offering a fantastic opportunity for an owner-operator to maximize earnings by being hands-on!
Convenient hours of operation! Open only 12 to 13 hours per day!
City of Oglethorpe does NOT require the buyer to be a resident of that County!
Geographic & Demographic Details:
Population is growing at a steady rate of 2% per year!
Median household income in the area is $39,000!
Nearby restaurants include Meal Ticket, La Piñata, Tongue Therapy Inc., Old Mexico Bar & Grill, and Oglethorpe BBQ!
Just 1 hour from Macon, GA, Columbus, GA, and Albany, GA! Only 2 hours from Atlanta, GA!
Asking Price for Business-only has been reduced to $149,000 plus inventory! Inventory is guesstimated at $280,000 at cost.
Sales are averaging $45,000 per month at 25% margins. Country Store = Higher Margins!
Lottery Commission is $2,000 per month! Check-cashing Commission is $200 per month!
ATM is not installed yet! Great opportunity to increase income!
Rent is $3,500 NNN per month with a 10-year lease available!
Net Profit is currently $2,300 per month AFTER paying $4,200 in payroll, as well as rent, and all other expenses! Huge Opportunity for an Owner-Operator to take over and take home $6,500 per month! Maximum Potential is NOT reached at this location!
Store Information:
Building area is 1,920 Sqft!
Store has been operating for 3–4 years with consistent performance and solid customer retention!
Spacious layout in a strong retail corridor!
Store is fully operated by employees, offering a fantastic opportunity for an owner-operator to maximize earnings by being hands-on!
Convenient hours of operation! Open only 12 to 13 hours per day!
City of Oglethorpe does NOT require the buyer to be a resident of that County!
Geographic & Demographic Details:
Population is growing at a steady rate of 2% per year!
Median household income in the area is $39,000!
Nearby restaurants include Meal Ticket, La Piñata, Tongue Therapy Inc., Old Mexico Bar & Grill, and Oglethorpe BBQ!
Just 1 hour from Macon, GA, Columbus, GA, and Albany, GA! Only 2 hours from Atlanta, GA!
Asking Price for Business-only has been reduced to $149,000 plus inventory! Inventory is guesstimated at $280,000 at cost.
About the Business
- Website
- https://riverbrokers.com/
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,920
- Rent
- $3,500.00 per month
Listing Info
- ID
- 2437925
- Listing Views
- 128
Business Location
Listing ID: 2437925 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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