Business For Sale

Food & Beverage: Convenience Stores


68168-CW Great Super Market for Sale in Richmond

Richmond, VA

Asking Price: Annual Revenue:
$154,000 $800,000

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RE: 68168-CW Great Super Market for Sale in Richmond Broker: Cobus Van Der Watt Transworld Business Advisors of Richmond VA

Quick Facts

Asking Price: $154,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $118,000
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 3
Listing Number: 313043891

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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 800,000+, this is a steal for only $154,000, with long term lease starting at only $3,500 p/m.

*Up to 50% seller finance available for well qualified buyers*

• Grocery store with 30% plus, gross margin!
• Current long-term lease available.
• Landmark Signage on very busy road.

It serves the entire purchasing population of its geographical area but focuses on customers who can purchase from a huge verity of 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.

**Real Estate is also available**
** Real Estate can be purchased at the time of closing or have an option to purchase within 5 years**

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The family owned convenience store with property have good frontage on very busy road, on traffic signal. The location is in the busiest 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 new owners can add deli, fresh cut meat, breakfast and 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:

Retiring

Additional Details:

  • The property is owned.
  • 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:

Relevant Links:

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