HIGHWAY C-STORE W GAS

Richmond, Virginia (Henrico County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $330,000 Inventory  
Gross Income $3,800,000 Real Estate  
Cash Flow $180,000 Year Established 1989
FF&E N/A Employees 2

* included in the asking price

** not included in the asking price

Gasoline/convenient store with one other rental unit. Store is located near to Interstate highway as well as offering convenient services to neighborhood residents and daily commuters. The store is historically & consistently a high net profit gasoline station ( 20CENT - 35 Cent PER GALLON) which is 4 times more profit per gallon to average stores at the current gasoline market. Gross Sale 2007 over $ 3.8M: Inside sale $55,000 per month, net profit from gasoline $12,000 per month, lotto sale $70,000 and other income from ATM etc. 50% gas customers are cash customers. Store has a vibrant business energy any time of day immune to the current downturn economic status due to the location. Business is qualified for a bank finance for a good credit buyer with over $150,000 down payment. The great advantage of this store is simple to operate and does not need any previous experiences to own and operate. The building has an extra separate 900 SF nice retail store space for varieties of retail businesses at this great retail commercial location. Ideal opportunity for putting in a deli or a hot food ( selling fry chicken) because such food service is none available in the area while demands are high. All in all, this store is one great money making source for a family.

Competition: High net profit from gasoline particularly shines for this business because most gas stations are suffering from drastically shrinking gas profit from high gas price.

Growth/Expansion: Due to its both highway & residential access location, this is the most stable income producing store immune to this down turn economy

Financing: Bank Approved Business for qualified buyer with over $150,000

Support/Training: Will support and train

Reason Selling: Family Separation

Business For Sale By

S.H.Bahk, CBI

540-948-4040

Bahk Brokers, Inc

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