Outstanding 7-Eleven Opportunity In Monterey County

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Fabulous opportunity to acquire a profitable 7-Eleven
Asking Price:
$219,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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 info@carmelbizsales.com or by phone at (831) 625-5581

About the Business

Location:
Monterey, California
Facilities:
The retail store is approximately 2,600 sq. ft with parking for 6 cars. There are 2 gas dispensers with 4 pumps.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Seller is moving on to other business ventures
Training/Support:
Available by current owner and national franchise support center

Listing Info

ID:
1551032
Ad Detail Views:
9418

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Carmel Business Sales

Carmel Business Sales
License# 01970708

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