For Sale
$199,099

0 Jimmy Carter Blvd Atlanta RdNorcross, GA 30092

Established, profitable smoke shops; high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity features two established smoke shops located in prime Gwinnett County, Georgia. The Peachtree Corners location boasts a street-facing position near a major apartment complex and shopping center, occupying 1,250-1,500 square feet with a lease expiring July 31, 2027, including a three-year renewal option. Rent is $2,350 per month (all-inclusive). This location includes $83,000 of wholesale inventory and $15,000 in fixtures, furniture, and equipment (FF&E), all included in the asking price. The Marietta location offers a lease ending August 2025, with negotiation options for a new lease. It includes $60,000 of wholesale inventory and $19,099.70 in FF&E, also included in the asking price. This location benefits from an existing COAM contract, generating an average of $4,000+ per month in additional revenue. Rent is $2,476.50 per month (all-inclusive). Both locations have ample parking (60 spaces total) and offer significant growth potential through enhanced marketing, social media engagement, loyalty programs, and strategic partnerships. The asking price is $199,099, which includes the established brand names, social media presence, website, and intellectual data. A separate purchase option is available for $183,099 without the brand names and associated assets. The properties are currently operating businesses; a non-disclosure agreement (NDA) and proof of funds are required to receive addresses. Serious inquiries only.

Highlights

  • $199,099 asking price for two established smoke shops in prime locations.
  • Peachtree Corners location: 1,250 SF, $2,350/month rent (all-inclusive), lease expiring July 2027 with a 3-year renewal option; includes $83,000 inventory and $15,000 FF&E.
  • Marietta location: Rent is $2,476.50/month (all-inclusive), lease expiring August 2025, includes $60,000 inventory and $19,099 FF&E; existing COAM contract adds $4,000+/month in revenue.
  • Both locations offer significant growth potential through enhanced marketing and online presence.
  • $183,099 asking price without brand name; $199,099 with brand name, social media, website, and intellectual data.
  • 60 parking spaces available.

Property Details for 0 Jimmy Carter Blvd Atlanta Rd

Property type
Square Feet
1,250 SF
Class
B
Year Built/Renovated
1/1
Stories
1
Units
2

Location Insight

City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.9374469
Longitude
-84.2351187
Jimmy Carter Blvd Atlanta Rd, Norcross, Georgia

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0 Jimmy Carter Blvd Atlanta Rd
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