Museum District Grocery Store

Richmond, VA (Richmond City County)

Entrance Door on Sheppard Street

Asking Price:$170,000

Cash Flow:N/A

Gross Revenue:$250,000

EBITDA:N/A

FF&E:$150,000

Inventory:$50,000*

Established:2014

*not included in asking price.

Museum District Grocery Store

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Business Description

This is a newly remodeled grocery store in the most desirable section of Richmond, VA known as Museum District. Densely populated and offering great customer base. Inventory needs to reflect the Neighborhood demographics. Completely remodeled Cafe but not used.

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in Historic Museum District. Establish location. Needs operation to cater to demographic. Parking lot in rear of store. Newly remodeled. Fully renovated Cafe inside premises never been used. Excellent refrigeration. Reasonable lease at $3,500 a month plus CAMs. (Home Based)
Competition:
Limited competition. Great demographics and customer base. In Historic District of Richmond, VA. Household income around $72,000 annually
Growth & Expansion:
Fantastic potential for great volume. Easy access. Convenient for shopping.
Financing:
Possible Owner Financing
Reason for Selling:
Owner desires another type of business
Home-Based:
This business is Home-Based

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Bedros Bandazian

Business Listed By:
Bedros Bandazian

Bandazian & Co. Inc.

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Sponsoring Broker:
Raffi Bandazian

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