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INVESTMENT STORE W REAL ESTATE

Near Charlottesville, Virginia (Albemarle County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $1,500,000 Inventory  
Gross Income $3,801,000 Real Estate $1,000,000* 
Cash Flow $316,657 Year Established 1999
FF&E $200,000* Employees 3

* included in the asking price

** not included in the asking price

8.97 ACRES COMMERCIAL PROPERTY + 6,000 SF C-STORE+ A HOUSE. C-store with gas, deli, lottery and convenient & general store merchandises and more. Gross sale over $4M, average inside sale $ 90,000 per month, cash flow $316,657. Current level of revenue is a beginning to its enormous potential due to the area development. There are 550 homes sites for circling around the immediate this property plus nearby 250 acres cleared land dedicated for the major housing construction project. This tract of land is the only sizable acreage zoned for commercial use in this agriculture/residential area. The property is suited for drug store, super market, automotive dealership, dollar general store etc. On-going business needs confidentiality agreement.

Competition: Area's dominating store. No competition

Growth/Expansion: Stable growth of current business is expected especially at this downturn of economy because of the particular location. Ideal site for a shopping center & future property appreciation.

Reason Selling: Retirement

AD # 379192

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