1225 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Grocery Store and Deli for Sale

11/wk
Newport News, Virginia, United States
Photos Website Map
Asking Price$100,000
Revenue$325,000 Established2002
Cash Flow$48,000 Employees2 full-time
FF&E$5,000* FranchiseNo
Inventory$20,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
* The seller is able to make a comfortable living without the hassle of the ABC license and operates a minimal number of hours to limit the stress and his workload. Seller's son works the business with him and the son wants to be in the auto repair business instead, so dad is going to accommodate him and switch industries with him.

* Deli - Convenience store serving urban low-income neighborhood community.  Very high pedestrian traffic and high density support the sales.

* Store revenues are 75% groceries and 25% deli and prepared food. Business has no ABC license.  Lottery sales and commissions are not included in the revenue numbers.

* Sale price includes the inventory valued at $20,000.

Required Licenses: Business, Health
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:The Seller is entering a different industry with his Son.
Ad #96579
Seller Reference #RICHMVA001-N1456
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Charles Broadwater, Jr.
(804) 673-8044
Name
Email Address
Message