Business For Sale

Food & Beverage: Convenience Stores


80334_RB Branded Gas Station/Convenience Store

Richmond, VA

Asking Price: Annual Revenue:
$49,900 $652,000

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RE: 80334_RB Branded Gas Station/Convenience Store Broker: Rupesh Bharad Transworld Business Advisors of Richmond VA

Quick Facts

Asking Price: $49,900
Annual Revenue: $652,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 4
Listing Number: 995443891

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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 City.
With annual sales of $652,000+, this is a steal for only $49,900 + inventory.
• Yearly $500,000+ inside store sale per year
• Yearly $1,400,000 Gas sale per year
• Yearly 450,000 gallons of gas sale
• Yearly $70,000+ gas commission per year
• Yearly $15,000+ lotto commission per year
• Yearly $4,000 ATM, Air, Vacuum income per year
• Rent - $6,300 for 1600sq. ft. with current lease through 2025.

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Property Features and Assets:

The gas station and convenience store have good frontage on very busy road, on traffic signal. The location is in the busiest commerce area of Richmond. Rent for the convenience store is $6,300 for 1,600 square feet with current lease through 2025.

Market Competition and Expansion:

The business is conveniently located in a densely populated area. Offering quick and convenient service with reasonable prices, make this a solid business with positive growth potential. Potential Growth • Current owners will train for two weeks. • The current staff of four employees are already trained • Supporting loyal customer base that is stable includes employees and families surrounding area. • Personalized customer service and commitment to quality • Great growth potential

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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