Wholesale Business in Downtown Atlanta, GA! Owner’s Take Home is $150K Per Year!

Description

Yearly sales are currently $600,000! Net profit is over $101,000 per year AFTER paying an Owner’s Payroll of $48,000 per year as well as an Employee’s Payroll of $42,000 per year and all other expenses! Seller’s total take home is $150,000 per year!

One of a kind opportunity to own a Wholesale/Retail 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 does NOT sell on Amazon and does not participate in any outside trade shows! Huge opportunity for the Buyer!

Seller has had the business in his family since 2007!

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 houses 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.

Over 10,000 registered customers in the business database that the Buyer will inherit!

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 is not taking advantage of Amazon sales! Buyer can expand the business on Amazon!

Seller has a trusted employee that has been working there for several years.

Currently the Seller is paying rent of $5,500 per month for a space that is hidden and not a prime location. Seller is in the process of moving to a prime location within AmericasMart by the end of September. The rent will increase to $7,500 per month. Sales are expected to increase to $900,000 per year at the new location!

Asking Price: $149,000 plus inventory! Inventory is currently estimated at $170,000 at cost.

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com