Business For Sale

Food & Beverage: Convenience Stores


71542-RB High Volume C-Store for Sale in Richmond

Richmond, VA

Asking Price: Annual Revenue:
$179,000 $1,000,000

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RE: 71542-RB High Volume C-Store for Sale in Richmond Broker: Rupesh Bharad Transworld Business Advisors of Richmond VA
Owner Financing is Available!
$50,000.00

Quick Facts

Asking Price: $179,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 6
Listing Number: 219143891

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Business Overview:

The business provides quick and convenient service.
The customer base comes from a growing commercial and residential community within the heart of Richmond. With annual sales of 1,000,000+ this is a steal for only $179,000.
The business consists of grocery, ATM, lottery, scratch, beer & wine, Cigarette/tobacco, check cashing, money order, EBT, phone cards and many more .
Grocery Sales $80,000 Monthly.
ATM $600 Monthly Commission.
Lotto $2,500 Commission .
Scratch $500 Monthly.
Check Cashing $500 Monthly Commission.
Money Order $300 Monthly Commission.
Phone Cards $300 Monthly Commission.
It serves the entire purchasing population of its geographical area but focuses on customers who need to purchase items looking for snacks and related items. Therefore we have segmented our market into night shoppers, quick shoppers, and others. Growth rates for these three segments match the population growth for the surrounding area.

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Property Features and Assets:

This business is located on a busy road in Richmond VA. Established in 1990 and the current owner owns it for more than 7 years now . The business occupies 3,000 square feet of the leasing space with monthly rent of $4,700.

Market Competition and Expansion:

Supermarket is located next door to this business. Potential Growth Sales can be increased by adding deli/fast food franchise.

Reason for Selling:

Other 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.

Resources:

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