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No COAM Contract! Shutdown C-store in Metro Atlanta!

Listing was updated on: 06/19/2019
No COAM Contract! Shutdown C-store in Metro Atlanta!

Property Overview

Price/Rent PSF $ 2,248.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 06/20/2019
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Description

No COAM contract! Shutdown Convenience store without gas in Lilburn, GA! Seller works in IT and had a working partner open the shutdown store about 3 months ago. The working partner decided to leave before they even got lottery, EBT, or game machines. The store has now been shutdown for 3 weeks. There is a strong possibility that the working partner was stealing since the partner was not transparent about the money in the store. Store is 1,750 sq ft with a back room perfect for game machines! The back room has an entrance behind the building with more parking space! Store includes 2 meat coolers with a small hood for a deli! Seller has placed a security system in the store! Landlord has a pylon sign in front of the property that the buyer can put their sign on and advertise! Rent is $2,248 which includes the CAM and water bill, with a 5-year lease available! Seller is available to show the store on Saturdays between 1pm to 5pm. Asking Price: $29,000 + inventory. There is approximately $15,000 in inventory in the store. The transfer fee and security deposit total to $5,358. Therefore, buyer will need approximately $50,000 in order to make the deal work.

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