2318 Old Cornelia Hwy - Convenience Store FOR SALE


Gainesville, GA 30507
$1,800,000 USD
404-590-5760
2318 Old Cornelia Hwy, Gainesville, GA for Sale
$1,800,000 USD
Convenience Store - FOR SALE
1/12
null | 12% Cap Rate

2318 Old Cornelia Hwy
Gainesville, GA 30507


HIGHLIGHTS

  • Strategic North Georgia Location
  • Convenient Access to Major Highways
  • Positioned Along Old Cornelia Hwy Corridor
  • Strong Commercial & Industrial Growth Area
  • Excellent Accessibility for Operations & Logistics
  • Investment or Owner-User Opportunity

OVERVIEW

This profitable liquor retail establishment represents a compelling acquisition opportunity in Gainesville, Georgia (Banks County). The business demonstrates consistent revenue growth patterns across monthly and annual reporting periods, indicating strong market positioning and effective operational management. KEY BUSINESS ATTRIBUTES: Operational Excellence: The establishment maintains a proven track record of profitability with documented sales growth trends that reflect both seasonal consistency and year-over-year expansion. Licensing Advantage: The operation benefits from a grandfathered alcohol license, providing regulatory stability and eliminating potential licensing complications for qualified purchasers. Facility Infrastructure: The property features substantial warehouse space designed for bulk inventory procurement, enabling enhanced purchasing power and improved profit margins through volume buying strategies. Real Estate Component: This transaction includes both the operating business and underlying real estate, providing asset diversification and long-term investment security for the purchaser. Inventory Structure: Current inventory is maintained separately from the sale price, allowing buyers to assess and acquire stock levels appropriate to their operational strategy. Market Position: Located in Banks County, the business serves an established customer base in a market with demonstrated demand for retail alcohol sales. This turnkey operation offers immediate revenue generation potential with established systems, regulatory compliance, and growth infrastructure already in place. The combination of business operations and real estate ownership creates multiple value streams for prospective owners. Qualified buyers will receive comprehensive financial documentation and operational history to support due diligence requirements.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

G-B, General Business

APN/PARCEL ID

15-0033B-00-037

ASK ABOUT THIS PROPERTY

Sahib AroraKing Island Capital Partners LLCMore Info
404-590-5760

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Sahib AroraKing Island Capital Partners LLCMore Info
404-590-5760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.