Business For Sale

39354-RB Auto Repair, Branded Gas + C Store

Richmond, VA
Henrico County


Asking Price: Annual Revenue:
$169,999 $1,400,000

Automotive & Boats: Gas Stations


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RE: 39354-RB Auto Repair, Branded Gas + C Store Broker: Rupesh Bharad
Owner Financing is Available!
85000.00

Quick Facts

Asking Price: $169,999
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1950
Employees: 3
BBN Listing #: 924243891
Broker Reference #: 9525-39354

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Business Overview:

**Price REDUCED!**

**Seller Finance Available!**

Retiring owner needs new owner to run PROFITABLE long established Auto Repair Shop with Gas Station and Convenience Store with national brand gas. Easy access from 2 major roads has enabled this business enjoy good profits through the years. Due to the convenience of having a large space, locals have also patronized this store. High sales of Auto Repair Shop and loyal customers help maintain the net profit through the bad economy. Ready to expand convenience store to start additional income.

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Property Features and Assets:

Operating hours of Monday to Friday 7 to 7 PM and Sunday 8 to 11 PM offer an added incentive for today's busy lifestyles. The store leases 3,600 square feet. Auto Repair Bays. There are 6 pumps and air on the facility. The current lease term expires on 2015 with an additional renewal options. The current rent is $4,500 per month.

Market Competition and Expansion:

Conveniently located on Very Busy Intersection traffic light. 4 Entries from 2 major roads. In most sought market. Very Busy road. Excellent visibility. • Personalized customer service and commitment to quality • Located on Very Busy Intersection traffic light. • Land Mark Sign • Opportunity to expand convenience store. There are numerous items that can be added such as check cashing, WU, etc.

Reason for Selling:

Retiring

Additional Details:

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

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