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The Wall Street Journal Online

601 Variety Store

Spotsyvania, Virginia (Spotsylvania County)

Seller Financing Available

Photo Available
Asking Price:
$240,000
Gross Income:
$540,000
Cash Flow:
$70,000
FF&E:
$80,000.00 *
Inventory:
N/A
Real Estate:
$180,000.00 *
Year Established:
1990
Employees:
2
Business Types:
Convenience Stores
Gasoline Service Stations

* included in the asking price

Business Description

A super neat country store with a property. Store carries beer & wine, gas, deli, general merchandise. The store is located near Lake Anna and does functioning as a gathering hub for neigh hoods. In Fact, this is the closest store to Lake Anna State Park. When you step inside, you can t help a pervasive sense that this is a clean good looking, the nicest convenient store in all respects. Building square footage 2,150 SF includes main retail display area, a storage room for stocks, an office and an additional food serving/sitting area. Land is 5.4 acre. Turn key operation. Current ownership: Absentee ownership. Owner had greatly invested in the store to the present status but out of state owner ran into an unexpected change of family plan to sell. This is an ideal owner operation store with a property in a living conducive, beautiful country setting. Financing Opportunity: 35% down, seller will finance for a qualified buyer.

Detailed Information

Competition:
No competition. Adding lottery will increase inside revenue for sure.
Growth/Expansion:
Owner can add on many different projects for revenue increase and the place has ample facilities to immediately utilize. Owner,operator will really enjoy work at the nice, neat store living in a peaceful & beautiful area.
Financing:
Seller will finance to a qualified buyer with over 35% down
Reason Selling:
Family Decision
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(from currently available resources)
months
 

Business For Sale Listed By

S.H.Bahk, CBI

S.H.Bahk, CBI
Bahk Brokers, Inc

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Ad#: 692081

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