Description

The business provides quick and convenient service.
The customer base comes from a growing commercial and residential community within the heart of Richmond.
With annual sales of 2,400,000+, this is a steal for only $3,500,000.

Business Valuation: $1,200,000 ($2,400,000 Gross Sale with $420,000 Net Profit)
Real Estate Valuation : $3,000,000 ($230K Net rental income at 7.5 Cap Rate)

Get this bundle for $3,500,000 only!

• Grocery store with 35%-50% gross margin!
• Convenience Store, Deli,
• Inside store sale
• lotto commission
• ATM, income
• current long-term lease.
• Landmark Signage on very busy road.
It serves the entire purchasing population of its geographical area but focuses on customers who need to purchase items looking for snacks and related items. Therefore we have segmented our market into night shoppers, quick shoppers, and others. Growth rates for these three segments match the population growth for the surrounding area.

Posted Sep 28, 2016

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