Business For Sale

87292-BK High Traffic Branded Gas w/ C-Store

Richmond, VA
Richmond City County


Asking Price: Annual Revenue:
$359,000 $2,000,000

Automotive & Boats: Gas Stations


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RE: 87292-BK High Traffic Branded Gas w/ C-Store Broker: Bill Kelly

Quick Facts

Asking Price: $359,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 3
BBN Listing #: 55443891
Broker Reference #: 9525-87292

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Business Overview:

Great Opportunity to own a Branded Gas Station/C-Store near a College with established and loyal customers.

The business has Four Gas Tanks, Reg, Mid, Premium, Diesel and a Tiger Fuel Contract with 6 years left. It has a wide varity of products in the C-Store with Lottery and prepared food service.

It is located near a College so the store stays busy at all hours of operation.

GP:
Gas: $70,000 (2016)
Lottery: $4,000
Inside: $80,000
Check Cashing: $5,000

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Property Features and Assets:

Business was opened in 2007. Business has steadily increased. 2015 business declined slightly due to absentee owner. 2017 business is increasing over previous year.

Market Competition and Expansion:

One of three full service Convenience store/ gas stations with food on heavily traveled highway, near college. Excellent inside and gas sales. Business has full security system. Potential Growth Excellent opportunity for potential growth, add student advertising/slash discount card, improve prepared food variety.

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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