65730-CW Great Super Market for Sale with Property in Richmond VA

Richmond, VA (Richmond City County)

65730-CW Great Super Market for Sale with Property in Richmond VA

Asking Price:$900,000

Cash Flow:$118,000

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$55,000

Inventory:$55,000

Real Estate:N/A

Established:1981

65730-CW Great Super Market for Sale with Property 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 800,000+, this is a steal for only $900,000.
• Grocery store with 30% plus, gross margin!
• Convenience Store,
• 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

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
4,800
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The family owned convenience store with property have good frontage on very busy road, on traffic signal. The location is in the busiest shopping center in Richmond VA.
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:
The new owners can add deli, fresh cut meat, breakfast and 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:
2 weeks
Reason for Selling:
retiring

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Transworld Business Advisors CEO, Rupesh Bharad

Business Listed By:
Transworld Business Advisors CEO, Rupesh Bharad

Transworld Business Advisors of Richmond VA

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