* 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
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 |