SOLD. Gifts & Books retail shop, profitable for 15 years,

Norcross, GA (Gwinnett County)

Seller Financing Available
Gift store

Asking Price:$48,000

Cash Flow:$27,000

Gross Revenue:$154,000

EBITDA:N/A

FF&E:$21,000

Inventory:$53,000

Established:1999

SOLD. Gifts & Books retail shop, profitable for 15 years,

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Business Description

NOTE: JUST REDUCED THE PRICE BY $20,000.00 FROM $68K FOR A QUICK SALE. SELLER IS RELOCATING AND IS FORCED TO SELL THIS PROFITABLE BUSINESS.
Many of you have reached out to me for an affordable retail business where you can make money & do your own projects too. Well, I have found it. This gifts and books retail store for sale is located in the Sandy Springs/ Norcross area in a large Publix shopping center off of a very busy road. It has been in the same location for 15 years. It has a beautiful store front, an office, & a storage area. It has been profitable for all these years. It has clean books & records.
Spouse’s job transfer to Savannah, GA forces the sale. It is priced way below the market value for a quick sale. The inventory alone is worth $53,000 at cost. Fixtures furniture & equipment is worth at least $20,000. Retail stores are usually priced at 2 to 3 times the cash flow plus the inventory. With $55K down payment, the seller will finance the rest. Make an offer before somebody else does.
You can expand your on line presence, do your other projects or businesses from this location & Treat it like your office. Serious contenders with the down payment please email me the attached form & I will be glad to accommodate you & provide you all you need to make an offer & own this profitable business. Email me your completed form to nick@nbb-web.com then call me with any questions on my cell at 678-294-0137.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Some seller financing is available to a qualified buyer
Support & Training:
Seller will train the buyer for 2 weeks after the closing at no additional cost to buyer.
Reason for Selling:
Moving out of town , due to Spouse' s job transfer

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Nick Modares

Business Listed By:
Nick Modares

Business Brokers Inc./Atlant Business Ad

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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