88707_BK_Asian Grocery

Henrico, VA (Henrico County)

88707_BK_Asian Grocery
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Asking Price: Get Financing: $190,000

Cash Flow: $150,000

Gross Revenue: $950,000


FF&E: $100,000

Inventory: $200,000*

Lease Rate: $7,500 /Month

Established: 2012

*not included in asking price.

88707_BK_Asian Grocery

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Business Description

Profitable! Expandable! Established! Growth Potential!

This Asian Themed 6500 sq ft market is located on a busy highway in a high income area. It supplies local restaurants and retail customers with a large selection of goods, fresh fruits and vegetables. This business has lots of growth potential.

Owner willing to finance inventory.

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Started business five years ago, steady sales volume, owner selling due to personal family issues.
Located on heavily traveled highway with high traffic count. Business supplies local restaurants and retail customers in a high income area of the city. One of the largest grocery stores in the area, with lots of fresh produce and plenty of growth potential.
Growth & Expansion:
Currently does not offer lottery, check cashing, money orders, or alcohol products. Highest growth potential would be supplying local restaurants but would require the addition of delivery vehicle. Increase residential market by adding social media connections and residential home delivery.
Support & Training:
2 weeks
Reason for Selling:
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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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