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66345-RB C Store & Coin Laundromat with Property for Sale in Richmond

Richmond, VA (Richmond City County)

66345-RB C Store & Coin Laundromat with Property for Sale in Richmond

Asking Price:$1,599,000

Cash Flow:$180,000

Gross Revenue:$1,400,000

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Real Estate:N/A

Established:N/A

66345-RB C Store & Coin Laundromat with Property for Sale in Richmond

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Business Description

Convenience Store + Coin Laundry

Offering quick and convenient service with reasonable prices, make this a solid business with positive growth potential.
With annual sales of 1,400,000+, this is a steal for only $1,599,000. ($1,100,000 for real estate, $499,000 for real estate)

Business Valuation: $499,000 ($1,400,000 Gross Sale with $180,000 Net Profit)
Real Estate Valuation : $1,100,000
The solid business is located on a very busy route and near highway exits.

$100K-$120K Inside store sales monthly
$2000-$3000 Check Cash Sales Commission
$500 Money Order Sales Commission
$1000-$2000 Bill Pay Sales Commission
$2000-2500 Lottery Commission
$2000-2500 ATM Commission
$5000-6000 Coin Laundry Commission
$500 phone card Commission

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This supermarket has a good frontage on a very busy road.
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 sales can be expanded by adding a fast food franchise or a deli .
Support & Training:
2 weeks
Reason for Selling:
other interests

Listing Statistics for Premium Members

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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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