909571-Profitable C-Store w/Real Estate - High Net

Not Disclosed, VA

Asking Price: Annual Revenue:
$1,100,000 $1,200,000

Food & Beverage: Convenience Stores

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RE: 909571-Profitable C-Store w/Real Estate - High Net Broker: Andy Shah

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 392543891
Broker Reference #: 9525-909571

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Business Overview:

Steady sale and amazing cash flow. Real property included in the sale.

Profitable convenience store on a corner lot approximate.92 +/- acres.

Material Facts:

NET Sales Year 2019: $771,827.61
NET Lotto Sales 2019:- $1,098,957.00

Business Sq. ft:- 2730 +/-

Interesting Facts:

Lotto Commissions in year 2019 were $65,000.00 +/- and in its self were more than sufficient to cover the rent/occupancy expense.
Income from gaming machines $28,000 +/- per month.

On a major busy street ensures a high volume of vehicle and foot traffic and a steady stream of clientele. This business strategic location next to residential and business communities.

This business is almost absentee owned and employee run, therefore, higher bottom line may can be realized by an owner/operator and by controlling payroll related expenses.

Seller allocates minimal time, operating and dedicating about one day to two days per week on business operations and thereafter conducts managerial duties only, consequently resulting in high payroll related expenses.

Business suitable for bank finance.

**The Real Estate Agent - TBA RVA Realty Inc. will do all real estate transactions**

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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.

Relevant Links:

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