Retail - Liquor Stores | Retail - Convenience Stores

Asking Price	$350,000	Inventory	$440,000**
Gross Income	$840,000	Real Estate
Cash Flow	$112,334	Year Established	1960
FF&E	$152,700*	Employees	4pt

* included in the asking price

** not included in the asking price

Established circa 1960, popular in-town destination for beer, wine, liquors and cigars, providing a shopping experience unmatched by competitors. Boasting the interior ambiance of an old world winery, this recently renovated store has realized double digit annual growth since 2006. Currently trending at 20%+ over last year, new ownership will have potential for additional growth through check cashing and other services. * High traffic location with almost 75,000 daily commuters according to Dekalb County statistics. * Positioned on an outbound artery leading to Gwinnett County where liquor stores are scant. * State of the art, point-of-sale system with inventory management capabilities. * Rapidly growing clientele for specialty beers, wines and spirits. * Temp-controlled wine cellar; walk-in humidor. * Knowledgeable and friendly staff. * Content rich website * Lottery and ATM

Facilities: High traffic location inside I-285. 3000 SF (2200 retail, 800 storage), steel roll-up curtains, and surveillance system. Leased building ($4200./mo expires 2016 including 5 yr renewal option) could be available for purchase under a separate agreement.

Competition: Outlook continues to be strong for this category. Oct. 2008 sales were 30% ahead of Oct. 2007, YTD trending at 20% ahead of last year. Strong cash flow allows store to purchase on better deals than competition, producing greater margins and more competitive pricing.

Growth/Expansion: Could expand into check cashing and money orders.

Reason Selling: Dissolving partnership. One owner absentee.