Business For Sale

Specialty Convenience Store For Sale

Richmond, VA
Chesterfield County

Asking Price: Annual Revenue:
$115,000 $245,000

Food & Beverage: Convenience Stores

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RE: Specialty Convenience Store For Sale Broker: Amit Vasavada
Owner Financing is Available!

Quick Facts

Asking Price: $115,000
Annual Revenue: $245,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 929343891
Broker Reference #: 9525-87093

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Business Overview:

Specialty Convenience Store.

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Property Features and Assets:

This specialty convenience store is located in prime area within the mall precincts. Its location gives it a great advantage of visibility and trafficabilty. Its just little over 400 square feet of space and is well stocked with daily need items like food, drinks, candies, tobacco products, OTC medicines & Coffee. It sells VA lottery and scratch tickets and derives fairly good income from sale/ Commissions. Fortunately, this is the only store of its kind in the precincts of mall; it has regular clients besides the visitors to the mall. One person with little secondary help can easily handle it. It has very low overhead expenses and has over 100% profit margin on most of the goods sold. It remains busy with constant flow of customers through out the day. It has decent annual sales with good rate of return of over 40% gross profit.

Market Competition and Expansion:

There is no direct competition to the store as this is the only specialty store in the location Showing Comments No showing without NDA Potential Growth Minimal

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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