Cobb County Liquor Store – Net’s $165K – Incredible Location – NOW AVAILABLE

by Steven Josovitz

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#1497

Cobb County Liquor Store – Well Established, Profitable, High Traffic & High Visibility Triple AAA Location – Priced to Sell!

1600/sf.

Monthly rent at $3838 includes CAM.

Long term lease available.

Established 2002.

2014 Gross Sales $850,000.

2014 Net Profit $130,000 after paying all expenses.

2015 Gross Sales $839,000.

2015 Net Profit, Personal Add-Backs and Salary was $165,000 after paying all expenses.

Owner retiring and is motivated and had price this to sell.

Easy to operate.

Staff comprised of Husband and Wife Team and a P/T hourly Staff Member who earns $7.35 per hour.

Store in great shape and in super high traffic, high visibility middle income location in the heart of everything.

Owners has excellent security system in place with 12-cameras.

Only expenses other then Inventory and P/T Staff Member is electric $400 to $500 monthly, Insurance $2500 yearly, AT&T $149 monthly and yearly liquor license fee of $7500.

Owner runs a very tight ship maintaining inventory levels around $25,000.

Priced at $325,000 with Owner willing to consider financing on Inventory.

 

 

 

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