High Traffic Strategic Location Gas Station/C-Stor

Not Disclosed, VA
Virginia Beach City County


Asking Price: Annual Revenue:
$500,000 $1,994,000

Automotive & Boats: Gas Stations


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RE: High Traffic Strategic Location Gas Station/C-Stor Broker: Charles Daucourt

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,994,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 9
BBN Listing #: 370443891
Broker Reference #: 9525-127815

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Business Overview:

Location, Location, Location

Profitable Gas Station + Convenient Store/ Food Mart + Repair Shop.

Great location with 10 pumps and great up-side potential for an owner-operator. located in Virginia Beach, VA. This Location Comes With Multiple Revenue Streams, and an 5 Years only Fuel Contract (with no minimum) For a Value Add Opportunity.

- Prime Corner Site, Prime For an Additional Retail Space
- With annual sales of $1,994,000
- Value Add Opportunity With No Existing Fuel Contract
- Averages Gallons per month: 50,000
- Average Inside Merchandise Sales /month : $40,000
- ABC Licence (Wine and Beer)
- Average Repairs/month : $40,000
- U-Haul average income per month : $2,000 to $4,500
- Lease/month : $10,000 Ground Tank maintenance is done by landlord
- Great Visibility for Site Seeing Over 150,000 VPD

*Possibility to purchase the property in the next few years* First right of refusal to the buyer of this business

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Reason for Selling:

Retirement

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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