Asking Price: $219,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Fabulous opportunity for owner operator to acquire a profitable 7-Eleven with gas pumps and Type 41 (beer and wine) liquor license. Major highway location with large surrounding residential neighborhoods and numerous motels and tourist-oriented attractions.
The retail store is approximately 2,600 sq. ft. with parking for 6 cars. There are 2 gas dispensers with 4 pumps. This 7-Eleven has had the same owner for the last 29 years, who wants to spend more time with family and pursue other business opportunities.
Steady increase in sales over the last 4 years. The annual store sales for 2018 forecast to be approximately $1.6 million. Current owner states new owner operator could net in excess of $100K annually. Detailed financials produced by 7-Eleven Corporate are available for review.
7-Eleven provides many services that most franchisors do not provide and/or charge additional fees for:
· 7-Eleven pays water, sewer, gas & electric, building rent and property taxes
· 7-Eleven provides financing for all normal store operating expenses.
· 7-Eleven provides a field consultant who meets regularly with the franchisee
7Eleven is ranked #1 on Entrepreneur magazine’s 2017 Top 500 Franchises List. 7-Eleven has been a convenience retailer for eight decades, and a leader in the franchise industry for more than 40 years. Today, 7-Eleven is the world’s largest convenience retailer and allows the owner-operator the opportunity to operate a truly neighborhood business with all the advantages of a global retail giant.
All sales of existing 7-Eleven are structured as follows: Purchase price (aka “Listing Price”) is for “Goodwill” only. Buyer must also pay 7-Eleven a franchise fee of approximately $135K along with some substantially smaller other startup related fees. Buyer must be approved by 7-Eleven.
This particular 7-Eleven is the most aggressively priced unit of all the 7-Elevens currently for sale in Northern California. Goodwill price is only $219,000.
For more information, contact us today at email@example.com or by phone at (831) 625-5581
About the Business
The retail store is approximately 2,600 sq. ft with parking for 6 cars. There are 2 gas dispensers with 4 pumps.
Major highway location with large surrounding residential neighborhoods and numerous motels and tourist-oriented attractions.
Growth & Expansion:
Steady increase in sales over the last 4 years. Annual store sales for 2018 forecast to be approximately $1.6 million. Current owner states new owner operator could net in excess of $100K annually.
Outstanding 7-Eleven Opportunity In Monterey County
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.