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81534-CW Clean Convenience Store in Petersburg, VA

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Profitable! Expandable! Established! Growth Potential!
Related Searches:

Petersburg, Virginia (Petersburg city Co.)   |  Retail Stores for Sale – Convenience Stores for Sale   |  Businesses for Sale Between $150k and $250k

Asking Price:
$199,000

Gross Revenue:
$620,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$30,000
included in asking price

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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 Petersburg VA. With annual sales of $620,000+, this is a steal for only $199,000 + inventory.
• Yearly $620,000+ inside store sale
• Yearly $48,000+ lotto commission
• Absentee owner can make $100,000/year.
• Owner Operator can make $125,000 +++!
• Rent - $3,250 for 2,000sq. ft. NNN with current long-term lease

About the Business

Year Established:
1997
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Amount/Mo.:
$3,250.00
Facilities:
This clean convenience store has good frontage on very busy road near major event venue. The location is in the busiest commerce area of Petersburg. Rent for the convenience store is $3,250 for 2,000sq. ft. NNN with current long-term lease.
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:
• Current owners will train for two weeks.
• The current staff of three employees are already trained
• Supporting loyal customer base that is stable includes employees and surrounding families.
• Personalized customer service and commitment to quality
• Great growth potential
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About the Sale

Reason For Selling:
other business interests
Training/Support:
2 weeks

Listing Info

ID:
1424157
Ad Detail Views:
100

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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 Prince George and Petersburg 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 Prince George and Petersburg 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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