87093-AV Specialty C- Store For Sale in Chesterfield County

Richmond, VA (Chesterfield County)

Seller Financing Available
87093-AV Specialty C- Store For Sale in Chesterfield County
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Asking Price: Get Financing: $115,000

Cash Flow: $70,000

Gross Revenue: $245,000

EBITDA: N/A

FF&E: $30,000

Inventory: $20,000*

Lease Rate: N/A /SF

Established: 2013

*not included in asking price.

87093-AV Specialty C- Store For Sale in Chesterfield County

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Business Description

Specialty C- Store

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
420
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This specialty convenience store is located in prime area within the mall precincts. Its location gives it a great advantage of visibility and trafficabilty. Its just little over 400 sq. ft. of space and is well stocked with daily need items like food, drinks, candies, tobacco products, OTC medicines & Coffee. It sells VA lottery and scratch tickets and derives fairly good income from sale/ Commissions. Fortunately, this is the only store of its kind in the precincts of mall; it has regular clients besides the visitors to the mall. One person with little secondary help can easily handle it. It has very low overhead expenses and has over 100% profit margin on most of the goods sold. It remains busy with constant flow of customers through out the day. It has decent annual sales with good rate of return of over 40% gross profit.
Competition:
There is no direct competition to the store as this is the only specialty store in the location
Financing:
20000.00
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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