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Business For Sale

Profitable, Established Drug Store & General Store

Williamsburg, VA

Retail: Health, Beauty, Nutrition

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$275,000
$451,000
Not Disclosed
$135,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$50,000
Not Disclosed
1967
2
400434178
Owner Financing is Available!
Seller will consider some financing for qualified buyer.

Business Overview:

This is a well established, well known and profitable old line Drug Store, in a great location. It specializes in selling a full line of prescription drugs, of course. However, it is additionally well known in the community as a full line General Store with a wide range of retail products such as Greeting Cards, Sporting Goods and Equipment, snacks, candies, and soft drinks, and a wide variety of additional seasonal and popular retail products.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Building is solid brick, stand alone building of 3,750 SF, and plenty of parking in front and back. The Drug Store occupies 2,000 SF, and a series of offices occupies the remaining 1,750 SF. For Sale $250,000 or Lease $2,100/month. Inventory of $55,000 is included in the asking price. Seller will provide up to 6 weeks of full time training- It is highly recommended that new buyer is Registered Pharmacist.

Market Competition and Expansion:

The nearest Drug Store to this one is almost 20 miles away, so there is actually no direct competition. Store is in great in town location. The easiest way to expand the business is to utilize the entire building for the store, and expand product offerings in the additional square footage. Also a Medical Facility is being built nearby which should expand the need for even more prescription drug needs.

Reason for Selling:

Seller Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: