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Branded Gas(Citco) NY Style Deli, sandwich shop, food market.

Williamsburg, Virginia (James City County)

Retail - Gasoline Service Stations | Retail - Restaurants

$Seller Financing Available

Asking Price $2,890,000 Inventory $50,000** 
Gross Income $3,000,000 Real Estate $1,900,000* 
Cash Flow $190,000 Year Established 1993
FF&E $60,000* Employees 5

* included in the asking price

** not included in the asking price

This is a well established, growing, and profitable New York Style Deli, Sandwich Shop, Pizzeria, Food Market and Branded Gas (Citgo). The Gas and food mart have existed in this location for over 16 years, and now serve as the anchor for the recently completed(2008) 4 unit strip shopping center. The 3 new adjoiningspaces are well suited for most any business- currently there is a committment for an ice cream parlor in one of the units.

Facilities: This is an ongoing Gas Station (Branded Gas) and a very successful NY Style Deli/Sandwich shop with adjoining convenience store which has operated for over 15 years. These elements now act as the anchor for a 7,000SF strip shopping center, which has spaces for 3 additional tenants. It is very upscale, each entity has its own restrooms, and there is parking for over 50 cars in front and back.

Growth/Expansion: The opportunity for growth has been created by the successful building/completion of the strip shopping center. New retail, food service, or most any small business could operate from one of the three adjoining spaces in the center. Owner currently has the spaces available for lease (one space has committment for ice cream cafe, another for upscale Pizza Restaurant)

Seller Financing Available: Yes

Financing: Some financing will bee considered for well qualified buyer.

Support/Training: Current owner is very experienced in retail/food service, and will provide all necessary training ((3 weeks or more as necessary) for successful transition.

Reason Selling: Owner's family has health issues requiring them to move.

Business For Sale By

George Norman

757-253-5686

Prudential Towne Realty

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