Listing ID:
RICHMVA001-N1456

Grocery Store and Deli for Sale

Description:

* The seller is able to make a comfortable living without the hassle of the ABC license and operates a minimal number of hours to limit the stress and his workload. Seller’s son works the business with him and the son wants to be in the auto repair business instead, so dad is going to accommodate him and switch industries with him.

* Deli - Convenience store serving urban low-income neighborhood community.  Very high pedestrian traffic and high density support the sales.

* Store revenues are 75% groceries and 25% deli and prepared food. Business has no ABC license.  Lottery sales and commissions are not included in the revenue numbers.

* Sale price includes the inventory valued at $20,000.

            Seller Financing Available   

Financials:

Industry: Convenience Store | Grocery, Restaurants | Bars | FoodService
State: Virginia
City: Newport News
Annual Revenue: $325,000
Asking Price: $100,000
Annual Cash Flow: $48,000
Listing Agent: Charles Broadwater, Jr.
Phone: 804.673.8044

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