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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Convenience Store For Sale

Location  Virginia,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Yes.
Reason for Sale  Other interests.
Description  Profitable business and real estate for sale in Virginia with over $2.8 million in sales for 2005. This business offers: *High volumn lottery sales, which were within the top 300 retailers in the state. *Lower gas prices (North Carolina's are 10 cents higher per gallon). *High tobacco sales and lower cost (Because of a recent tax increase on tobacco products in North Carolina.) *New local Wal-Mart opened nearby increasing overall sales. *Popular and profitable deli sales. *Open and busy 24/7. *Profitable subservices (Tanning Rooms, Fitness Center..etc). *The store is also an affiliate member of the Crooked Road, which is a bluegrass musical trail that extends through southwest Virginia. Every Thursday local musicians gather for open jams sessions in which hundreds of people attend. *There is also a home next to the store that is included in the sale that is currently rented. The sale of this property includes the building, land and all equipment. The property includes 5 tanning beds and rooms, and the fitness center with equipment. The 2005 yearly revenues were as follows: GAS $1,366,957.89 LOTTERY $810,693.00 GROCERY $195,634.95 NON FOOD GROCERY $22,237.06 PRODUCE $4,728.42 BEER $104,363.78 TOBACCO $118,751.54 DELI $77,314.46 ON ROAD DIESEL $68,675.18 OFF ROAD DIESEL $40,130.17 KEROSENE $10,395.14 PROPANE $1,904.19 TANNING LOTION $447.82 TANNING BED/FITNESS CENTER $6,356.03 NON TAX/OTC $14,863.12 PHONE CARD $429.00 CHECK CASH $331.00 FOOD STAMP $- TOTAL REVENUE: $2,844,212.76 The total for 2006 is over $3 million, the numbers will be compiled shortly. Please email or call 276-694-4024 for more information on this Convenience Store for sale.
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