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$145,000 Yearly Net Profit! Wholesale Business in Atlanta, G

Listing was updated on: 09/17/2019
$145,000 Yearly Net Profit! Wholesale Business in Atlanta, G

Property Overview

Price/Rent PSF $ 5,000.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 09/18/2019
Search Demographic Data
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Description

One of a kind opportunity to own a Wholesale business in downtown Atlanta at the prestigious AmericasMart! Business is only open Monday thru Friday 9:30am to 5:30pm. Not open on the weekends! Perfect opportunity to own a business and enjoy your personal / family life in the evenings and on the weekends. Seller has had the business in his family since 2007. Seller wishes to pursue a different career. AmericasMart is located in downtown Atlanta and spans more than 7 million sq ft. It is the nation’s only global wholesale marketplace showcasing the world’s single-largest collection of home, gift, area rug, and apparel merchandise. The wholesale location welcomes international attendees from 80+ countries, with buyers from the Top 100 retailers in the U.S., and a record-breaking number of new buyers every year. AmericasMart is open year-round. More than 1,400 permanent showrooms and almost 3,000 temporary exhibiting companies. Seller is in the business of selling fixtures and supplies that every retailer needs regardless of their type of retail business. Seller will share the entire database of overseas and local vendors with the Buyer. Buyer can take this established business to the next level! Once you know how to import, you can expand on the number of SKUs and categories. Seller also rents a warehouse in Norcross to facilitate the storage of imported goods! High margin business! Seller has an e-Commerce website and sells on eBay. The purchase price includes the online business via eBay and e-Commerce website! Seller has a trusted employee that has been working there for several years. Buyer can take home over $12,000 per month in addition to a $4,000 monthly owner’s payroll! Breakeven in less than a year! Seller is too comfortable and does not participate in any trade shows! Huge opportunity for the Buyer! Asking Price: Only $199,000 plus inventory! Inventory at cost is currently estimated at $195,000.

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