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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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