Listing Number: 9525-127815
Description
Location, Location, Location
Profitable Gas Station + Convenient Store/ Food Mart + Repair Shop.
Great location with 10 pumps and great up-side potential for an owner-operator. located in Virginia Beach, VA. This Location Comes With Multiple Revenue Streams, and an 5 Years only Fuel Contract (with no minimum) For a Value Add Opportunity.
- Prime Corner Site, Prime For an Additional Retail Space
- With annual sales of $1,994,000
- Value Add Opportunity With No Existing Fuel Contract
- Averages Gallons per month: 50,000
- Average Inside Merchandise Sales /month : $40,000
- ABC Licence (Wine and Beer)
- Average Repairs/month : $40,000
- U-Haul average income per month : $2,000 to $4,500
- Lease/month : $10,000 Ground Tank maintenance is done by landlord
- Great Visibility for Site Seeing Over 150,000 VPD
*Possibility to purchase the property in the next few years* First right of refusal to the buyer of this business
Listing Details
- Price: $500,000
- Down Payment: $500,000
- Sellers Discretionary Earnings: $160,000
- Total Sales: $1,994,000
- Location: Virginia
- Inventory: $0
- FF&E: $50,000
- Employees: 9
- Year Established: 2003
- Reason for Selling: retirement
- Category: Gas Station
