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68168-CW Great Super Market for Sale in Richmond VA

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Richmond, Virginia (Richmond city Co.)   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale   |  Businesses for Sale Between $150k and $250k

Asking Price:
$154,000

Gross Revenue:
$800,000
Cash Flow:
$118,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$85,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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**

About the Business

Year Established:
1981
Number of Employees:
3
Real Estate:
Owned
Building Sq. Ft.:
4,800
Facilities:
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 Outlook/
Competition:
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.
Growth & Expansion:
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.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1328219
Ad Detail Views:
189

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Business Listed by

Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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