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80334-RB Branded Gas Station/C Store in Richmond VA

Richmond, VA (Henrico County)

80334-RB Branded Gas Station/C Store in Richmond VA

Asking Price:$49,900

Cash Flow:$50,000

Gross Revenue:$652,000

EBITDA:N/A

FF&E:$40,000

Inventory:$35,000*

Lease Rate:$6,300 /SF/Month

Established:1980

*not included in asking price.

80334-RB Branded Gas Station/C Store in Richmond VA

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Business Description

Profitable! Expandable! Established! Growth Potential!

The business provides quick and convenient service. The customer base comes from a growing commercial and residential community within the heart of Richmond City.
With annual sales of $652,000+, this is a steal for only $49,900 + inventory.
• Yearly $500,000+ inside store sale per year
• Yearly $1,400,000 Gas sale per year
• Yearly 450,000 gallons of gas sale
• Yearly $70,000+ gas commission per year
• Yearly $15,000+ lotto commission per year
• Yearly $4,000 ATM, Air, Vacuum income per year
• Rent - $6,300 for 1600sq. ft. with current lease through 2025.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The gas station and convenience store have good frontage on very busy road, on traffic signal. The location is in the busiest commerce area of Richmond. Rent for the convenience store is $6,300 for 1600sq. ft. with current lease through 2025.
Competition:
The business is conveniently located in a densely populated area. Offering quick and convenient service with reasonable prices, make this a solid business with positive growth potential.
Growth & Expansion:
• Current owners will train for two weeks. • The current staff of four employees are already trained • Supporting loyal customer base that is stable includes employees and families surrounding area. • Personalized customer service and commitment to quality • Great growth potential
Support & Training:
2 weeks
Reason for Selling:
other interests

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Cobus van der Watt

Business Listed By:
Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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