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87292-BK High Traffic Branded Gas/C-Store Near College

Richmond, VA (Richmond City County)

87292-BK High Traffic Branded Gas/C-Store Near College

Asking Price:$395,000

Cash Flow:$120,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:$125,000

Inventory:$100,000*

Lease Rate:$9,000 /Month

Established:1980

*not included in asking price.

87292-BK High Traffic Branded Gas/C-Store Near College

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Business Description

Great Opportunity to own a Branded Gas Station/C-Store near a College with established and loyal customers.

The business has Four Gas Tanks, Reg, Mid, Premium, Diesel and a Tiger Fuel Contract with 6 years left. It has a wide varity of products in the C-Store with Lottery and prepared food service.

It is located near a College so the store stays busy at all hours of operation.
GP:
Gas: $70,000 (2016)
Lottery: $4,000
Inside: $80,000
Check Cashing: $5,000

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business was opened in 2007. Business has steadily increased. 2015 business declined slightly due to absentee owner. 2017 business is increasing over previous year.
Competition:
One of three full service Convenience store/ gas stations with food on heavily traveled highway, near college. Excellent inside and gas sales. Business has full security system.
Growth & Expansion:
Excellent opportunity for potential growth, add student advertising/slash discount card, improve prepared food variety.
Support & Training:
2 weeks
Reason for Selling:
other business interests

Listing Statistics for Premium Members

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Bill Kelly

Business Listed By:
Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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