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Grocery Store & Gas Station for Sale – Front Royal, Virginia - $350,000 (Front Royal)
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*Asking Price:
- $10,99,000 | 4,000 SF Building | with 2 Acres Land | Established 2006 (included Inventory and everything)
- $350,000.00 Lease (included Inventory and Good Will)
Excellent opportunity to acquire a fully operating grocery store and gas station with real estate in Front Royal, Warren County, Virginia. This established countryside business operates as a convenient one-stop shop with grocery, beer and wine, Virginia Lottery, gaming machines, ATM, pizza facilities, and fuel sales.
The property includes an approximately 4,000-square-foot commercial building on 2 acres of land, along with furniture, fixtures, equipment, walk-in refrigeration, updated interior, metal roof, fuel tanks, inventory, and other business assets. The store is currently operating limited hours, approximately 8:00 AM to 7:00 PM providing substantial opportunity for a new owner to expand operating hours, food service, restaurant operations, and overall sales.
Business Highlights
• Current average gross sales: approximately $80,000 per month, including approximately $25,000 in gas sales
• Grocery, beer & wine, Virginia Lottery, games, ATM and pizza facilities
• Virginia Lottery Commission: $7,000+ annually Average.
• ATM net income: approximately $6,600+ annually Average.
• Game income: approximately $26,000+ annually Average.
• Unbranded fuel operation with attractive per-gallon margins, Average 40 to 60 cent per gallon.
• No competition in the surrounding area
• Restaurant/food-service expansion opportunity
• Approximately $100,000+ inventory currently on hand
• Four employees working
• Two weeks of training available for the buyer
• The business and property are following applicable state, federal, county law/requirements
Fuel Infrastructure
The property includes:
• 8,000-gallon regular gasoline underground Metal tank
• 6,000-gallon premium gasoline underground Metal tank
• 500-gallon above-ground diesel metal tank
Two Purchase Options
Option 1 – Business + Real Estate: $10,99,000
Purchase the operating business, inventory, approximately 4,000-square-foot building, and 2-acre property. Cash or outside financing is welcome. The seller may also consider owner financing with approximately 50% down, at a bank-comparable interest rate, for a term not exceeding five years.
Option 2 – Business Only: $350,000
Purchase the operating business, goodwill and inventory, with the real estate leased from the owner.
• Monthly rent: $4,000.
• Rent will increase every year by 5%.
• Minimum lease: 5 years
• Open to sign the lease for 5 to 15 years
• Long-term or option arrangements may be negotiable
• This An owner-operated/family-run business could potentially generate $15,000+ monthly net income, depending on operating costs, staffing and management.
Growth Potential
The current limited operating hours leave room for significant expansion. A new owner could extend hours from early morning until late evening, develop the existing pizza/food operation, or add a restaurant concept using the available indoor and outdoor space. these improvements could substantially increase revenue.
Buyer Qualification
Welcome to Serious buyers only. Detailed financial information, business records and the property address will be provided after:
1. Signing a Non-Disclosure Agreement (NDA)
2. Showing / Providing acceptable Proof of Funds
Please do not visit the property or speak with employees without an appointment.
Talk to Seller first
The seller is also a Virginia-licensed real estate professional and is selling his personally owned property.
Reason for Selling: Health / Retirement
A rare opportunity to acquire an established grocery, fuel and convenience business with real estate, existing cash flow, multiple income streams and significant expansion potential in Front Royal, Virginia.
• Cash offers always will be priority.
• Business loan process can take long time.
• If you pay 50% cash, seller finance will be available, but interest rate will be 7 to 9 %. It depends on buyer credit check and background check.
• Without Proof of Funds please do not contact.
Serious Buyer please contact us.