Turnkey Convenience Store in Downtown Lynchburg

Asking Price$20,000

Cash Flow
$5,000

EBITDA$8,000

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey Convenience Store in Downtown Lynchburg


Asking Price$20,000

Cash Flow
$5,000

EBITDA$8,000

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Turnkey Convenience Store in Downtown Lynchburg

This established convenience store presents an exceptional opportunity in downtown Lynchburg's residential high-rise lobby, serving 60 building tenants plus street traffic. Operating since 2023, this beautifully renovated 1,200 sq ft store offers a unique combination of convenience items and Made in Virginia consignment gifts.

Business Overview:
The store features comprehensive inventory including beer, wine, sports drinks, healthy and traditional snacks, basic groceries, and supplies. All equipment conveys with the sale, including five coolers and one freezer, ensuring immediate operational capability.

Location Advantages:
- Prime downtown location with excellent foot traffic
- Exclusive positioning as closest convenience store within 2-mile radius
- Free two-hour street parking for customers
- Built-in customer base of 60 residential tenants
- Newly renovated space with modern shelving

- Affordable lease: $900/month through March 2027
- Low overhead operation

Growth Potential:
Significant opportunity exists to increase monthly sales through expanded food, snack, beer, and wine inventory. The unique Made in Virginia product line differentiates this store from typical convenience operations.

Operational Benefits:
- Easy-to-run business model
- Turnkey operation requiring minimal startup
- Owner-operated with established systems
- Room for operational improvements and growth

Support Included:
Seller will provide comprehensive transition support, including explanation of top-selling products, POS system training, landlord introduction, and lease review. The favorable $900 monthly rent provides excellent value in this prime downtown location.

This opportunity combines the stability of an established customer base with significant upside potential through inventory expansion and improved operations. Perfect for an owner-operator seeking a manageable retail business with growth opportunities in a strategic location.
About the Business
Years in Operation
2
Employees
1 (1 Part-time)
Evening hours
Facilities & Assets
Beautiful retail space in historic building. All coolers (4) and freezer (1) convey and all inventory less consignment items without approval of consignors. All shelving, displays included. Microwave and table.Bathroom.
Market Outlook / Competition
New shelving, renovated store, closest convenience store 2 miles away. 60 residential tenants in building.
Opportunities for Growth
With an increased food/snack/beer/wine inventory monthly sales would increase.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$900.00 per month
Lease Expiration
3/31/2027
About the Sale
Seller Motivation
Lack of personal funding to grow business and family obligations needed attentio
Transition Support
Will explain top sellers, how a POS system works (not included). Connect landlord and review lease terms - great rent $900 per month.
Financing Options
None
Listing Info
ID
2434946
Listing Views
22

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Business Listed by: Casey Clark

Listing ID: 2434946 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 full Terms of Use. Learn how to avoid scams.