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Asking Price:	$325,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Conv & Food Stores
Reason for Selling:	Owner must relocate due to serious illness family
Year Established:	1998
Yearly Revenues:	$115,000
Yearly Net Profit:	$40,000

Business for Sale Overview:

Local Convenience Store with separate Take-Out restaurant on busy traffic artery in Petersburg, VA, Land Included! Convenience store is a local center of activity with loyal customers, strong lottery and product sales. Inside has complete hood and deli area. Take-Out restaurant totally rebuilt 2 years ago with new equipment. Rent out restaurant or operate for larger profits. This site is well known and was reviewed in Richmond food reviews. Price includes over $65,000 in new equipment and revenues do not reflect the restaurant revenue or cash flow. Excellent opportunity for experienced operator looking to expand!

Property Features and Assets:

Business includes land and buildings in price! Lot is large and on a busy corner of major artery in town. Convenience Store with inside cooking area and full hood and second Take-Out restaurant building on same land. Room to expand convenience store or add additional revenue by adding gas pumps or car wash.

Market Competition and Expansion:

Surrounding area is going under major renovations which will appreciate he value of the property alone especially with Fort Lee expansions. When all is said and done, the area will see an 80 percent increase in staff, permanent soldiers will increase by 51 percent, civilian staff will increase by 56 percent and soldiers in training coming through Fort Lee will increase by 90 percent from current levels. Basically, you will see large increases in business traffic, increases in land and business values, and a huge opportunity to grow with this business and property. Seller is selling business due to serious illness in family and must relocate. Large upside due to business price includes land, buildings, and businesses on major main street in Petersburg in key traffic area!

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.