65487-RB High Volume Super Market for Sale in Richmond VA

Richmond, VA (Henrico County)

65487-RB High Volume Super Market for Sale in Richmond VA

Asking Price:$1,200,000

Cash Flow:$420,000

Gross Revenue:$2,400,000




Rate/Sq. Ft.:N/A


65487-RB High Volume Super Market for Sale in Richmond VA

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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 Richmond.
With annual sales of 2,400,000+, this is a steal for only $1,200,000.
Option to purchase Real Estate for additional $2,300,000 ($260K rental income yearly)!

• Grocery store with 35%-50% gross margin!
• Convenience Store, Deli,
• Inside store sale
• lotto commission
• ATM, income
• current long-term lease.
• Landmark Signage on very busy road.
It serves the entire purchasing population of its geographical area but focuses on customers who need to purchase items looking for snacks and related 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.

Detailed Information

Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This supermarket has a good frontage on very busy road, on traffic signal. The location is in the busy 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 company can look into ways to set up a separate Internet area for remote access to the Web and email for its customers for potential growth.
Support & Training:
4 weeks
Reason for Selling:
other interests

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Cobus van der Watt

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

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