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Monopoly Business In Heart Of Richmond
Location: United States -> Virginia -> Richmond
Industry: Food and Beverage > Liquor Stores

Business Summary

A very profitable convenience / grocery / liquor store for sale with big commercial kitchen attached . great growth potential close to one of the major universities in Virginia, close to One of the biggest universities in VA and medical college and lots of residents near one of the posh areas MONUMENT AVENUE in Richmond, people dream to own business here.Many events take place almost every week end. This store is considered monopoly in Keg beer business IN THE AREA. Asking price much below the actual value of the business due to the owner willing to retire due to ill health. This won't last so please hurry up for asking price of $60,000 only. all appliances, inventory and fixtures included in asking price.This store has lots of freezers and a big cooler room able to accommodate lots of beer kegs. ATM machine is not rented but owned by the store.Not only this Lotto business is good due to the baby boomers residing in the area. Very nice location with lots of pedestrian traffic. Reduced price by 50,000 due to family dispute. This business is the right one for starters and the people who want to expand the horizon in right market. This is just the right market and best location as it has large population of baby boomers and college students. Little bit TLC can draw more customers as there are no competitors in nearly 20 mile area. Very safe area location. The store is on a walking distance to Virginia arts Museum and Virginia Science museum. A full size Commercial kitchen is attached with all appliances which can be developed as a separate eat in/carry out Restaurant. You get the best of both worlds as owner has lowered price and with the economy now booming, this is the right time to get into business before price increases again. The store lease can be negotiated with landlord as no restriction with original lease anymore. this is a surplus as landlord willing to offer help. The store has all facilities like Money order, bill pay, Lotto and ATM machine. Price reduced


Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide training.
Reason For Selling:  family emergency

Print Listing Id: 700126677
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