Business For Sale

65487-RB High Volume Super Market for Sale

Richmond, VA
Henrico County


Asking Price: Annual Revenue:
$1,200,000 $2,400,000

Food & Beverage: Grocery & Food Stores


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RE: 65487-RB High Volume Super Market for Sale Broker: Rupesh Bharad

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,400,000
Net Profit: Not Disclosed
Cash Flow: $420,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 908143891
Broker Reference #: 9525-65487

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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.
With annual sales of 2,400,000+, this is a steal for only $1,200,000.
Option to purchase Real Estate for additional $2,300,000 ($260,000 rental income yearly)!

• Grocery store with 35%-50% gross margin!
• Convenience Store, Deli,
• Inside store sale
• lotto commission
• ATM, income
• current long-term lease.
• Landmark Signage on very busy road.
It serves the entire purchasing population of its geographical area but focuses on customers who need to purchase items looking for snacks and related items. Therefore we have segmented our market into night shoppers, quick shoppers, and others. Growth rates for these three segments match the population growth for the surrounding area.

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Property Features and Assets:

This supermarket has a good frontage on very busy road, on traffic signal. The location is in the busy shopping center in Richmond VA.

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 The company can look into ways to set up a separate Internet area for remote access to the Web and email for its customers for potential growth.

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.

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