81534-CW Clean Convenience Store in Petersburg, VA

Petersburg, VA (Petersburg City County)

81534-CW Clean Convenience Store in Petersburg, VA
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Asking Price: Get Financing: $199,000

Cash Flow: $100,000

Gross Revenue: $620,000

EBITDA: N/A

FF&E: $30,000

Inventory: N/A

Lease Rate: $3,250 /Month

Established: 1997

81534-CW Clean Convenience Store in Petersburg, 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 Petersburg VA. With annual sales of $620,000+, this is a steal for only $199,000 + inventory.
• Yearly $620,000+ inside store sale
• Yearly $48,000+ lotto commission
• Absentee owner can make $100,000/year.
• Owner Operator can make $125,000 +++!
• Rent - $3,250 for 2,000sq. ft. NNN with current long-term lease

Detailed Information

Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This clean convenience store has good frontage on very busy road near major event venue. The location is in the busiest commerce area of Petersburg. Rent for the convenience store is $3,250 for 2,000sq. ft. NNN with current long-term lease.
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 three employees are already trained • Supporting loyal customer base that is stable includes employees and surrounding families. • Personalized customer service and commitment to quality • Great growth potential
Support & Training:
2 weeks
Reason for Selling:
other business 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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