Kings Dominion C-Store With Gas Real Estate Included For Sale

Business description

This store is a convenience store with gas located in the King’s Dominion area east of Interstate 95 in central Virginia. This business operation provides groceries, beer, tobacco, deli services, lottery, gas and small home providing rental income. Every business category increased in 2010 over 2009 with total revenues increasing 3.5%.

(Note: Gasoline, Lottery and Rent are included in table at gross margin level.) Most importantly, cash flow increased 6.2% in 2010 to $105,814.

The real estate valued at $200,000 is included in the sale price. If buyer prefers to purchase the business only, and lease the property, the monthly rent will be $2,100.

Property information

Real Estate:

Real Property Included

Premises details:

1,400 sq ft, $N/A

Business Operation

Reasons for selling:

Owner has young child that requires more of Mom and Dad’s time, so C-store no longer fits the family’s needs.

Trading hours:

Days: Monday-Sunday, Hours: Mon-Thurs 6-8, Fri 6-9; Sat 7-9; Sun 8-7

Employees:

Full Time: 2, Part Time: 1

Years established:

47

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $4,300

Furniture / Fixtures value:

$75,000 (included in the asking price)