21
5700 BUFORD HWY, NORCROSS, GA 30071 YOUNG INTERNATIONAL BROKER SPEED CAR WASH & LUBE
5700 BUFORD HWY,
NORCROSS, GA
30071
YOUNG INTERNATIONAL BROKER
SPEED CAR WASH & LUBE
2
This Offering was prepared by Young International Broker based on information obtained from third party sources. It contains select information about the Property and the real estate market but does not contain all the information necessary to evaluate the acquisition of the Property. The financial projections contained herein (or in any other Evaluation Material, including any computer diskettes or electronic files) are for general reference only. They are based on assumptions relating to the overall economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections.
While the information contained in this Offering and any other Evaluation Material is believed to be reliable, neither Young International Broker nor Owner guarantees, represents or warrants its accuracy or completeness. Because of the foregoing and since the Property is being offered on an “As Is, Where Is” basis, a prospective investor or other party authorized by the prospective investor to use such material solely to facilitate the prospective investor’s investigation, must make its independent investigations, projections and conclusions regarding the acquisition of the Property without reliance on this Offering or any other Evaluation Material. Although additional Evaluation Material, which may include engineering, environmental or other reports, may be provided to qualified parties as the marketing period proceeds, this Evaluation Material is also being provided without guarantee, representation, or warranty, and prospective investors should seek advice from their own attorneys, accountants, engineers environmental experts, and any other party or parties deemed appropriate by prospective investors in evaluating the Property.
Owner expressly reserves the right, in its sole discretion, to reject any offer to purchase the Property or to terminate any negotiations with any party at any time with or without written notice. Owner shall have no legal commitment or obligations to any prospective investor unless and until a purchase and sale agreement has been fully executed, delivered and approved by Owner and any conditions to Owner’s obligations there under have been satisfied or waived.
Neither Young International Broker or any other person or party is authorized to make any representation or agreement on behalf of Owner. Each prospective investor will be responsible for any claims for commissions by any other broker in connection with a sale of the Property, if such claims arise from acts of such prospective investor or its broker.
This Offering is the property of Owner and Young International Broker and may be used only by parties approved by Owner or Young International Broker. No portion of this Offering may be copied or otherwise reproduced or disclosed to anyone except as permitted under the Confidentiality Agreement.
2
DISCLAIMER
DISCLAIMER
3
YI BROKER
Young International Broker is a commercial and residential real estate brokerage that specializes in hotels, commercial properties, development, and investment services. We offer the complete spectrum of brokerage and advisory services related to real estate, mortgage, insurance, and investments. Catered to our client’s best interests, we provide insightful advisement, generate promising opportunities and communicate with our distinguished customer service, while embracing potential challenges, to fabricate tailored agreements and services. We strive to service our clients and investors with integrity, ingenuity, and satisfaction, forging beneficial partnerships to deliver distinct value in all our transactions through our extensive expertise, networks, and community affiliations.
Thank you for the opportunity to present the following business ventures. We take pride in our ability to assist you. With extensive knowledge and experience, we will facilitate a complete and beneficial process with ease.
YOUNG INTERNATIONAL BROKER
Additional Benefits:
✓ Loan coordinating assistance✓ Legal assistance with distinguished legal
professionals✓ Assistance in forms for required franchise, loan, or
licensing approvals
For Our Buyers:
✓ Locate businesses/properties✓ Arrange viewings and business meetings✓ Prepare offers and purchase contracts✓ Negotiate on your behalf✓ Assist with Franchise, Loan, or Licensing
Approvals as needed✓ Complete sale to closing
For Our Seller:
✓ Advertise the business/property on multiple platforms, as well as our own network
✓ Find qualified buyers✓ Appraise business value✓ Provide consultation concerning business deal✓ Negotiate on your behalf✓ Complete sale to closing
4
Founder and CEO of Young International Broker, Young Woo is recognized as one of the top brokers in the Georgia. With over 15 years of experience in residential and commercial real estate, Young offers valuable skills and insights in her field. Affiliated with multiple organizations including NAMAR, Korean Peace Advisor Group, International Hoteliers, and USA Southeastern Korean Hotel Owners Association, Young is passionately driven and dedicated to her clients.
“Believe in your dream. That makes the biggest difference.”
YOUNG WOO
YOUNG WOO
5
SOPHIA Manager(404) 465.6551 - [email protected] Augusta to Marietta, Sophia was born and raised throughout Georgia. Her background in Management and Long-Term Disability provides her the experience and tenacity to meticulously compile and review contracts for our clients. Upon receiving her real estate license, Sophia now helps Young through various stages of our process to fully assist our clients.
SHARON Marketing(678) 760.7417 - [email protected] has called Atlanta home for the past 30 years. She offers over 15 years of hotel and property management and is currently part of the team as the sales and marketing lead.
AL Liquor/Package Store Specialist(404) 660.2893 - [email protected] and raised in Roswell, GA, Al graduated Cum Laude from Georgia Southern University with a degree in Business and Marketing. Al specializes in Liquor Stores with a family history of sales of commercial liquor stores that spans over 35 years. He has continued their strong reputation with a name known in the industry.
OUR TEAM
OUR TEAM
MOHAN Loan Coordinator (770) 845.0634 - [email protected] was born in East Africa and earned his mechanical engineering degree in England. He has worked from Canada to California and experienced over 30 years of hotel management and ownership in the United States, providing a strong skillset to the team. He has worked with Young for over 10 years and applies his experience and knowledge to aid our clients and customers.
MICHELLE New Build & Sales Specialist(678) 951.3167 - [email protected] has an extensive background as a business banker and market investment brokerage banker at the major bank in the US. She provides investment opportunities in real estate based on the past work experience and education to our clients.
KWANG MO SUH Residential Specialist(770) 714.8081 - [email protected] Mo has established B2B relations with IBM while working for Samsung Electronics for almost 40 years, all while raising his family and maintaining residency in the Southeast. As a Georgia Realtor, Kwang Mo has enabled local, out-of-state and international businesses to successfully settle in Georgia. Confident in securing dreams homes for buyers and investors, Kwang Mo dedicates his time and efforts as a Commercial and Residential Realtor for our team.
6
SPEED CAR WASH & LUBEASKING PRICE: $3,500,000
EXTERIOR
INTERIOR
9
PROPERTY DESCRIPTION
FEATURES
TOTAL ROOMS 85
PROPERTY SF 5,634
BUILT 2001
NUMBER OF STORIES 1
NUMBER OF BUILDINGS 1
HOURS
SUNDAY 9AM – 6PM
MONDAY 8:30AM – 7PM
TUESDAY 8:30AM – 7PM
WEDNESDAY CLOSED
THURSDAY 8:30AM – 7PM
FRIDAY 8:30AM – 7PM
SATURDAY 8:30AM – 7PM
STATISTICS
$73,632
$477,924$543,250
2016 2017 2018
$0
$200,000
$400,000
$600,000
$800,000
YEARLY REVENUE
11
REVENUE / INCOME
REVENUE / INCOME
YEAR REVENUE NET INCOME
2016 $73,632 $48,433
2017 $477,924 $365,155
2018 $543,250 $461,156
$48,433
$365,155
$461,156
2016 2017 2018
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
YEARLY NET INCOME
DEMOGRAPHIC
13
POPULATION
POPULATION 1 MILE 3 MILE 5 MILE
2000 POPULATION 8,577 72,954 221,240
2010 POPULATION 8,161 75,765 233,235
2019 POPULATION 9,285 83,762 254,037
2019 AFRICAN AMERICAN 1,780 21,388 58,816
2019 AMERICAN INDIAN 61 748 1,950
2019 ASIAN 1,307 10,831 35,864
2019 HISPANIC 4,347 35,131 92,458
2019 OTHER RACE 2,266 17,307 43,801
2019 WHITE 3,419 29,729 102,743
2019 MULTIRACIAL 439 3,692 10,617
POPULATION
0
20,000
40,000
60,000
80,000
100,000
120,000
African
American
American
Indian
Asian Hispanic Other Race White Multiracial
2019 Population by Race
1 Mile 3 Mile 5 Mile
14
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 TOTAL HOUSING 2,653 27,024 85,461
2010 TOTAL HOUSEHOLDS 2,661 25,562 81,708
2019 TOTAL HOUSEHOLDS 3,044 27,927 87,628
2019 AVERAGE HOUSEHOLD SIZE 3.05 3.00 2.90
2000 OWNER OCCUPIED HOUSING 1,373 12,099 41,919
2000 RENTER OCCUPIED HOUSING 1,197 13,790 40,178
2019 OWNER OCCUPIED HOUSING 1,795 13,014 42,439
2019 RENTER OCCUPIED HOUSING 1,250 14,913 45,188
2019 VACANT HOUSING 275 3,888 9,444
2019 TOTAL HOUSING 3,319 31,815 97,072
HOUSEHOLDS
1,7951,250
275
2019 Household Occupancy - 1 Mile Radius
Owner Occupied Housing Renter Occupied Housing Vacant Housing
HOUSEHOLDS
15
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
LESS THAN $15,000 237 2,449 7,314
$15,000-$24,999 224 2,577 7,343
$25,000-$34,999 296 3,634 10,812
$35,000-$49,999 521 4,613 13,542
$50,000-$74,999 488 5,358 16,889
$75,000-$99,999 353 3,215 9,943
$100,000-$149,999 555 3,395 10,959
$150,000-$199,999 152 1,351 4,718
$200,000 OR GREATER 218 1,334 6,108
MEDIAN HH INCOME $60,246 $52,195 $55,194
AVERAGE HH INCOME $85,619 $74,785 $83,365
HOUSEHOLD INCOME
02000400060008000
1000012000140001600018000
2019 Household Income
1 Mile 3 Mile 5 Mile
$0
$20,000
$40,000
$60,000
$80,000
$100,000
1 Mile 3 Mile 5 Mile
2019 Household Income Median and Average
Median HH Income Average HH Income
HOUSEHOLD INCOME
16
LOCATION
MAP OF SPEED CAR WASH & LUBE
MAP OF SPEED CAR WASH & LUBE (SATELLITE VIEW)
19
NORCROSS, GA
From the Cherokees who first inhabited this land and the farmers and merchants who later helped become a thriving town, to modern day visionaries who cherish its history while embracing the future, over the centuries, the land we know as the City of Norcross has been home to a diversity of people. Yet there has always been a strong sense of community, composed of individuals who enjoy the unifying bond that living here creates. It’s truly a unique place to live and grow, to work and play. And because of the creative and intellectual contributions made throughout all the past generations, and due to its collective vision for the future, Norcross continues to be a place that people are proud to call home: a place to imagine. Norcross has been named 14th out of 100 for Most Genius Places from Time Magazine, Gwinnett’s Best Downtown and Best Arts & Cultural Scene from Gwinnett Magazine, and a Platinum Level Green Community.
NORCROSS, GA
20
Gwinnett County has been one of the fastest-growingcounties for the past 20 years. Gwinnett’s partnerships with Georgia Institute of Technology and University of Georgia offer Gwinnett County with multiple projects and activities to assist in its economic development. The Gwinnett Chamber of Commerce offers the metro Atlanta business community a wealth of growth opportunities while collaborating with regional partners accelerate economic and community development. The Chamber demonstrates a pivotal role in uniting business, government, education, healthcare, public service, philanthropy, and the arts/culture/entertainment societal sectors to sustain long-term economic growth for our community and to continue to enhance the enviable quality of life all Gwinnett residents enjoy. Gwinnett County is the second most populous county in Georgia. Gwinnett County is also home to many major companies Canon, AGCO, Primerica, Waffle House and more!
GWINNETT COUNTY, GA
GWINNETT COUNTY, GA
