85868-AV Profitable C-store, Gas Station & Deli with property for Sale

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Gross Revenue:
Cash Flow:
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Real Estate:
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Business Description

This is a standalone store with gas station and deli, which includes 0.75 of real estate located on prominent interstate route towards MD. It has two stories with c-store on first floor with approx. 3200 sq. ft. The upper floor has similar space as first floor with 3 bedrooms and bath/toilet and large hall. Currently unoccupied but with some improvement/ modification could be rented out to generate additional income.
The store is situated in safe and secure environment as is in close vicinity of government offices and has fair residential community that it serves. Very importantly, it has no viable competition in immediate vicinity/neighborhood.
The owner started the Deli operations in April 2017 within the complex with separate entrance to it. The deli grosses approx. $6200 per month. They have been making improvements since then to expand deli choices to generate additional income.
The Gas station has 3 pumps and soon likely to get into contract with gas company for competitive fuel pricing. Currently, the sales average $30k per month. However, once the new contract is in place the sales of gas may go up.
The inside sales is approx. 60k which can be improved by new ownership. The lottery sales commissions are very impressive in vicinity of $2000 per month.
With addition of ATM and check cashing facility the new ownership can substantially generate incremental revenue.

About the Business

Year Established:
Number of Employees:
Real Estate:
Building Sq. Ft.:
The store is operated by family for over 11 years and have well established reputation in local community and offices around.They have very recently added a deli section in the store and has picked up very well. With added menu it could generate additional income.
Market Outlook/
There no completion of this kind within 10 miles and has a kind of monopoly in retail. Adding additional and fast moving items to inventory could augment sales.
Growth & Expansion:
The following could generate additional income:-
1. First floor space rented out.
2. Installing ATM machine.
3. Check Cashing facility.
4. Bill Pay.
4. Improvement in deli choices
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About the Sale

Reason For Selling:
moving out of state
2 weeks
Seller Financing:

Listing Info

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Business Listed by

Raj Prasad

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 Hanover County, VA



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

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U.S. Community Survey Data for Hanover County, VA


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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