Business For Sale

Food & Beverage: Convenience Stores


Convenience Store Food Mart

Newport News City County, VA

Asking Price: Annual Revenue:
$39,000 $206,964

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RE: Convenience Store Food Mart Broker: Brock Green Murphy Business & Financial Corporation

Quick Facts

Asking Price: $39,000
Annual Revenue: $206,964
Net Profit: Not Disclosed
Cash Flow: $41,933
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
Listing Number: 52064955

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Business Overview:

Well established neighborhood Convenience Store/grocery store/ sandwich and pizza shop. Business has a history of strong sales and consistent profitability. With tobacco, wine and beer, lottery and food licenses in place, as well as being in a desirable, high traffic location this variety store has extremely high potential. New buyer may be able to qualify for EBT, which could increase revenue. The possibilities for this institution which is located within walking distance of 2 large apartment complexes is very very high.

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Property Features and Assets:

Well Established business. Facilities are nice. New walk in cooler, large food prep area and new Air Conditioning Unit.

Market Competition and Expansion:

Potential for this convenience store/deli are very good. The deli part of the store does not get used to the full potential. With the location and multiple apartment buildings within walking distance, revenue for this business could be considerably higher.

Reason for Selling:

Owner ready to retire.

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.

Resources:

Relevant Links:

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