Convenience Store with full Kitchen

Radford, VA (Radford City County)

Seller Financing Available
Convenience Store with full Kitchen
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Asking Price: $330,000

Cash Flow: N/A

Gross Revenue: $1,564,000

EBITDA: N/A

FF&E: $85,000

Inventory: N/A

Real Estate: $1,200,000*

Established: 2011

*not included in asking price.

Convenience Store with full Kitchen

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Business Description

Prime Location, higher margins, seasonal business gives time to enjoy

Convenience store located within walking distance(3 Blocks) to a growing southwest Virginia university. Located In middle of high density student housing. The retail part of the building was rebuilt from the ground up in 2011 to modernize location. The store also has a full service delivery business including delivery of beer and wine and all other items in the store. The store offers robust menu from subs, pizza, fresh wings and fresh beef burgers, salads, and many appetizers and quick bites. Store does NOT have Lottery.

Food service $ 183,000
Beer and Wine $ 832,000
Vape products $ 139,000
Tobacco $ 167,000
Soda and bev. $ 130,000
All Other $ 113,000

New Lease Available Rent will be $ 7000.00/ month

(1 Person) Owner working 60 hours a Week Can make $150,000 A Year after paying all Expenses and rent listed Above.

Detailed Information

Location:
Radford, VA
Real Estate:
Owned
Not included in asking price
Building SF:
2,500
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large 15 door walk-in in cooler, with additional beer cave. Another large walk-in cooler holding up to 100 kegs. Walk-in freezer for the kitchen. 2 door glass door freezer, 2 door glass door cooler. Kitchen Equipment: 3 tier pizza oven, 2 true two door under counter freezers, large sandwich make prep cooler, pizza make line cooler, 2 fryers, radiant grill, flattop griddle, dough press, and 2 two tier food warmers. 3 windows based local networked POS systems operating Quickbooks Pos.
Competition:
One of most Prime Locations in Radford. In the middle of high density student housing. grandfathered spot commercial zoning in a primary residential zone leaves no room for any competition to move in .
Growth & Expansion:
Possibility for growth as Radford University grows. Could gain more sales through website development, actively managing social media.
Support & Training:
2 weeks of training and paid support thereafter
Reason for Selling:
Other business Interest, relocation
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Business Listed By:
Rohit Sansoa

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