Profitable Convenience Store & Deli For Sale By Owner Generating $50k/ Monthly Revenue - Hanover County Virginia

Rosanna

New member
Price
$550,000
Location: City
Bumpass
Location: State
VA
This is an excellent opportunity for someone to step into an existing business and continue growing a young company that is already off to a great start – tripling the sales of any other store in the area, with substantial growth potential.

2400 sq. ft. convenience store generating $550,000+ in annual revenue- Commercial Kitchen & Full Service Deli with Prep Station, 36” flat top grill, double deep fryers, oven, pizza oven – seating for 15 customers inside, outdoor picnic tables – Strong local customer base for take-out food with established web presence & social media following – excellent reviews on Google, Facebook and Yelp.

Gas pumps have inspections / certifications and are ready to go - With current gas prices, this would be an increase of $41,120 / month or $493,440 / year in revenue, and would likely eliminate any local competitors -National Statistics show inside sales increasing an average of 25% as well in convenience stores simply by adding gas which equates to another $137k conservatively.

With Lake Anna – a popular local vacation destination, plus several additional lakes and rivers nearby adding an expanded bait and fishing tackle line would also be another strong way to continue to grow this business, as well as adding boat storage and service fees – we are currently an authorized U-Haul Dealer – which generates strong monthly commissions for the store as well, although there is ample room to also add boat storage or sell carports – both could be strong channels for producing additional revenue.

1.4 acre lot, cinderblock masonry construction, large parking lot – newly renovated in 2014 with new roof, floor, new walk in coolers and beer cave, new hvac / electrical, new security cameras and alarm system with offsite monitoring, new clover register system with off-site monitoring.

Currently have 4 full time employees on payroll equating to $65,000 / year that could be eliminated if new Owners wanted to work in the store themselves

Business holds no debt other than mortgage on the property – if this is bought out-right, there is instant savings and increased profitability by not having a mortgage.

Excellent Family Business Opportunity or for an owner who wants to continue expanding a young company already off to a great start – Current owner desires to retire & relocate – willing to discuss sale of home for buyers interested in relocating to the area – home is ¼ mile from the store. Award Winning School District.

Additional Photos / Information / Documentation provided to serious inquiries.
Contact Rosanna Coor - (804) 651-7359
 

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