High Volume Liquor Store with Property in Southwest Georgia near Dothan, AL!
RetailFor Sale in Blaklely, GA
Financial & Assets Details
About the Business
Business Description
High Volume Liquor Store with Property in Southwest Georgia near Dothan, AL! Store includes a drive-thru! Seller closed the entrance to the store and only allows for drive-thru sales because of Covid-19.
30 mins away from Dothan, AL! 1 ½ hours from Columbus, GA! 1 ½ hours from Tallahassee, FL!
Monthly Sales are $90,000 per month! Lottery commission is $3,400 per month! ATM commission before Covid-19 was $350. ATM is currently closed since the store only allows for drive-thru customers.
Net profit is more than $21,500 monthly after all the expenses excluding mortgage! Down payment needed is $358,000. Mortgage payment (assuming 20% down for the purchase price and inventory, 5.25% interest rate, and 25-year amortization) is only $8,561 per month! Buyer can take home nearly $13,000 per month after mortgage!
Store is only open 11 hours a day Monday through Wednesday! The store is open Thursday through Sunday about 13 to 14 hours a day.
New Buyer can start check cashing to increase sales. Be your own boss today!
Less than a mile away from the peanut factory and seed suppliers totaling about 350 employees.
One mile away from the cotton factory and two apartment homes totaling 113 units. 10 mins away from a state park known for its wide range of outdoor activities.
Seller had the store for about 20 years and is ready to retire!
Asking Price for Business and Property is $1.49M + inventory. Inventory is approximately $300,000 at cost.
If interested, please email your full name and best contact number to info@riverbrokers.com