Unbranded Gas Station Opportunity Zone 66639-AS

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$69,000 $516,000

Automotive & Boats: Gas Stations


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RE: Unbranded Gas Station Opportunity Zone 66639-AS Broker: Andy Shah

Quick Facts

Asking Price: $69,000
Annual Revenue: $516,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 855043891
Broker Reference #: 9525-66639

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Business Overview:

This well maintained and clean Gas station/ Convenience- store is a profitable investment in the commercial area of Richmond, VA. A convenience store/gas station is currently built on one parcel of the land equipped with the tank, fuel dispensers and canopy.

There is also an Acre of empty lot adjacent to the gas station that can easily be turned into a revenue source. (e.g. Junk yard etc..)

With a daily traffic count of 20,592 vehicles (VDOT, 2017), the store has a decent number of walk-ins each day.

The current lease is $3,250/Month Triple net lease. The current operator is semi-absentee and is shutting down the store periodically. The store has been making $55,000+ inside sales and 50,000+ gallons fuel but is capable to make much more with a full-time operator in place.

Inside Business $69,000 Goodwill + Inventory
• Annual Sales $516,000
• Yearly $256,000 + Inside Merchandise Sales
• Yearly $260,000+ Gallons of Gas/Diesel sales
• Yearly $48,000+ gas, kerosene, diesel commission
• Yearly $30,000+ lotto commission
• Yearly $6,000 ATM, Air, Vacuum income
• Sunoco Branded Racing Fuel Commission

Investment Highlights-
• Additional Acreage available
• Sale and lease options are available
• We can also package this Business Offering with Real Estate and offer Seller Financing.

**All real estate transactions will be done by the Real Estate Agent – TBA RVA Realty Inc.

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Property Features and Assets:

Located in the busiest commerce area of Richmond, the gas station and convenience store have good frontage on very busy road, on traffic signal. Rent for the convenience store is $3,250 for 1,000 square feet with current long-term lease.

Market Competition and Expansion:

The business is conveniently located in a densely populated area and offers quick and convenient service with reasonable prices, making this a solid business with positive growth potential. Potential Growth • Current owners will train for two weeks. • The current staff is already trained • Supporting loyal customer base that is stable includes employees and surrounding households. • Personalized customer service and commitment to quality • Great growth potential

Reason for Selling:

Retiring

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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