Well established Hwy Store with Gas. E2 approved. Absentee Run!!!

Blue Ridge, VA (Botetourt County)

Well established Hwy Store with Gas. E2 approved. Absentee Run!!!

Asking Price:$105,000

Cash Flow:$78,120

Gross Revenue:$1,107,000




Rate/Sq. Ft.:N/A


*not included in asking price.

Well established Hwy Store with Gas. E2 approved. Absentee Run!!!

Get Financing Save Print Share Valuation Report

Business Description

Money maker. Great for Investment, Expansion or Investor Visa.

This ad is posted by the OWNER, who is not a real estate agent or broker.

This Absentee Run Store is located on a Highway in the city outskirts. Surrounded by established residential area and some businesses. It has been extending its services to the local community and daily commuters for more than 30 years. Lots of improvements have been done and there is still room for more.

Monthly Store sales: Avg. $45,000
Monthly Gas sales: 16,000 gals (only Regular and Premium, NO DIESEL)
Monthly Lottery sales: Avg. $15,000
Monthly ATM and air machine sales: $250
TOTAL Monthly sales: $92,250

Store: $11,250 at %25 margin
Gas: $2,880 at 18 cents/gal margin
Lottery commission: $900 for sales only. (with winnings the commission increases)
ATM and air machine: $250
Owner working 48 hours a week: $1800 (rounded up for $9/hr)

Payroll: $6,120
Rent: $1,545
Electricity: $1000 (average)
Natural Gas: $50
Garbage removal and sanitation: $80
Internet and Telephone: $120
Insurance and work comp: $200
Sales, payroll and other State and Federal Taxes: $1500

MONTHLY INCOME before Income Tax: $6,465
YEARLY INCOME before Income Tax: $77,580.

Return On Investment: More than %50.

Approximate Wholesale value of the inventory given here.

The figures have been rounded up. With Rebates from tobacco and soft drink companies the income increases obviously.

Rent lease has 3 years option remaining but the owner is willing to draft a new rental agreement if the buyer feels more comfortable with that.

Kindly do not talk to the employees about sale if you visit the store.

Detailed Information

Not included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The store has a fully equipped kitchen with storage rooms. Has two storage tanks, 10,000 gals for Regular and 6,000 gals for Premium Gas. We DO NOT carry Diesel. It has two double sided Gas dispensers. Reach in coolers for easy access, of which 6 doors are currently used for alcoholic beverages while 11 doors are used for soft drinks and dairy products. It has a fully equipped office with all office supplies and 8 camera security surveillance system.
The store is established in the area for more than 30 years and has been catering for the daily needs of the locals and the commuters since then. There is only one more gas station within a 5 miles radius.
Growth & Expansion:
The store still needs to add Check cashing and money transfer facilities as locals have been demanding for years. The kitchen used to do $300-350 per day under the previous owner as they served full breakfast and some lunch items. The current owner ignored that. Adding breakfast and fried chicken during lunch will bring the sales back.
No financing.
Support & Training:
4 weeks for no charge. The current store manager is fully trained and willing to stay.
Reason for Selling:
Owner looking for higher volume store after profiting from this.

Listing Statistics for Premium Members

Business Location

Ad#:1303513 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Farid Khan

Show Phone Number
Find out more...

Get more details about this business.

Similar Listings

River Street Sweets • Savannah’s Candy Kitchen

Franchise Opportunity In VA
Capital Required: $396,800