Asking Price: $154,000 Gross Revenue: $800,000Cash Flow: $118,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $85,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
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.
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.
68168-CW Great Super Market for Sale in Richmond VA
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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