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Virginia Newport News Branded Gas Station And Cstore For Sale

Newport News, Virginia, US
Asking Price:
$235,000
Sales Revenue:
$1,600,000
Cash Flow:
$150,000

$235,000 Plus Inventory for Virginia Newport News Branded Gas Station And C Store Business Only.   $40,000 - $45,000 Average Merchandise Sales per month with higher margins.  30,000 average gas sales per month with higher margins (26 cents).  Great opportunity for the right owner operator or a family. Profitable operations.  Station can do better with a hands on owner operator or a family.  Motivated Seller willing to make the right deal with the right owner operator or tenant.  Additional income from Lottery, ATM, Air pump, Cigarettes and other rebates and commissions.  Strategically positioned at a busy Traffic Intersection on a Corner Lot.  New housing development is approved for New 692 housebuilding in back of store, this will bring more business.  This exceptional gas station and convenience store is a cornerstone of its vibrant neighborhood. Boasting a steady flow of highway traffic, it also serves as the sole commercial establishment at the entrance of the largest residential subdivision in the area. This unique positioning shields the business from competition and ensures a constant stream of loyal customers.  Absentee owner and store is operated by employees.  Please "do not disturb the employees" and call The Saleh Group for more information and showings or visit us online.

Property Information

Real Estate:

Lease

Leasehold Rent:

$42,000 per annum

Premises Details:

2,500 sq. ft.

Size in square feet:
2,500

Business Operation

Reasons for selling:

Seller Downsizing - 100% Absentee

Employees:
8

Other Information

Inventory / Stock value:
$40,000