Investment Opportunity for C-Store Conversion

Charlottesville, VA (Albemarle County)

Seller Financing Available
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Asking Price: $130,000

Cash Flow: $52,000

Gross Revenue: $1,600,000



Inventory: $20,000*

Rent: $9,900 /Month

Established: 1983

*not included in asking price.

Investment Opportunity for C-Store Conversion

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Business Description

** Very motivated seller **

This Exxon-branded gas station is currently configured with 4 service bays for general automotive repairs, plus a small C-Store used mostly for selling items to waiting customers. The real financial opportunity of this location, however, is to remodel the existing service bays into a greatly-expanded C-Store that can serve all of the north-bound traffic leaving Charlottesville and the guests staying at the three hotels immediately adjacent to the property.

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Service Bays: Approximately 600 sqft of work area with four bays, all equipped with lifts. Oil storage tanks. New tire machine. Two bays certified to conduct Virginia State Safety Inspections. Waiting Area: Remodeled waiting area. Small concessions sales (drinks, chips, cigarettes, etc.). Fuel Pumps: New fuel pumps installed in 2017. These pumps are EMV compliant (chip cards), with video screens providing additional advertising space. New digital price sign located on street corner.
Location, location, location! - Corner Lot immediately north of major arteries Rt. 29 and Rt. 250 with multiple entry/exit points - First gas station for all north-bound traffic going through Charlottesville – if you are leaving the city or passing through, you must drive past this location - Approx. 52,000 vehicles/day, based on a 2010 traffic study – volumes have only gone up - No other C-stores close by – nearest one on 29N is a 7-Eleven one mile away - There are three hotels immediately adjacent to the property
Growth & Expansion:
The convenience store offers the best possibilities for expansion. Can introduced alcohol sales and expanded food sales. You could also add in a deli counter, either to the existing space or with a small addition on to the building.
Up to 50% for qualified buyers
Support & Training:
As much as required for smooth transition.
Reason for Selling:
Owners want to focus on other businesses that we own
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Business Listed By:
Chris DesBarres

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