85265-BK Convenience Store Busy Highway

Petersburg, VA
Petersburg City County

Asking Price: Annual Revenue:
$169,000 $420,000

Food & Beverage: Convenience Stores

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RE: 85265-BK Convenience Store Busy Highway Broker: Bill Kelly
Owner Financing is Available!

Quick Facts

Asking Price: $169,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 4
BBN Listing #: 66543891
Broker Reference #: 9525-85265

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Business Overview:

Extra clean Convenience Store on busy beach route from Richmond VA. Has full kitchen with hood and fryers (currently not being used), Recently new signage, compressors, rook and HVAC!

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Property Features and Assets:

Owner bought business 4-years ago and remodeled it onto its current C-Store format. Owner installed a new roof, exterior siding, updated signage, all new compressors on the coolers, and new HVAC systems. The business includes a full kitchen with fryers and hood. Business has increased each year. 2,000+ square feet. lease $2,500, 5 year lease

Market Competition and Expansion:

There are several other C-Stores on this widely used beach route from Richmond, this location is one of the first you see after exiting I95 or I85 onto Rt 460. It has a much cleaner, and more inviting appearance than the other two C-Stores within a the initial 10 miles of 460. This store has a full kitchen with grill, fryers, and hood. Adding food would be a terrific way to build clientele. Check Cashing, Money Orders, and U-Haul could also add revenue. grill and hood. Add check cashing and money orders.

Reason for Selling:

Other business interests.

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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