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- RE: Popular Convenience Store Ready For New Owner
- Contact: Bill Kelly
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $358,115 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $59,108 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1950 | |
Employees: | 3 | |
BBN Listing #: | 746443891 | |
Broker Reference #: | 9525-821510 |
Business Overview:
INVENTORY SOLD SEPARATELY!
Are you looking for an excellent business in the wonderful Richmond VCU community? Then look no further! This opportunity combines a wonderful, 30-year old community convenance store that has lots of up-side potential. The seller is retiring.
This beloved small grocery store features a diverse selection of wine and beer that sets it apart from the few competitors in the area. With a loyal customer base and a prime location, this clean, turnkey business is ready for a new owner to take the reins and continue its success story. Perhaps add some prepared foods, lottery, soft serve ice cream, bakery items, and a few sidewalk tables together with your own decorating flair. Definitely add carry out and take out!
Lots of new apartment construction is happening all around bringing the promise of many new customers to this higher income area of town. Don't miss out on owning your own business and becoming a staple in this wonderful growing community.
Updated with new Heat Pump, AC Unit and Coolers in 2020.
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Market Competition and Expansion:
Competition: A small grocery store with a diverse beer and wine selection with loads of potential growth by adding some prepared foods, lottery, soft serve ice cream, bakery items, and a few sidewalk tables. Definitely add carry out and take out!
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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