Well Located Newport News Convenience Store For...

Newport News, VA
Newport News City County

Asking Price: Annual Revenue:
$145,000 $450,000

Food & Beverage: Convenience Stores

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RE: Well Located Newport News Convenience Store For... Broker: Charles Broadwater, Jr.

Quick Facts

Asking Price: $145,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: $45,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 308338944
Broker Reference #: RICHMVA001-N1500

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Business Overview:

* Spacious and attractive shopping center store looking for an aggressive owner operator who can expand the business. * Shopping center traffic generates revenues for this business. Also, the location is on a busy cross town road surrounded by rooftops who frequent the business for groceries, smokes, snacks, and lottery tickets. * This spot would be ideal for a fast-food kitchen and has plenty of room. The lease rate is excellent and has renewal options. * Take out prepared food could, the sellers project, add $150,000- $200,000 to annual revenue. * Contact Charlie Broadwater for additional information on this great opportunity

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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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