Very High Profit Margins
Business Description
Circle K's success in the convenience retailing industry spans 70+ years across almost 15,000 worldwide locations. They carry beverages for energizing, satisfying, warming up, cooling down or just plain thirst quenching. They also carry plenty of food, whether it’s on-the-go, at work, or anywhere in-between – morning time, lunch time, or snack time. This location has been a neighborhood fixture and well-known to their many local customers, who have been drinking and snacking here for years. They recently remodeled the store with the current branding and more grab and go products; close to $200k invested! NOTE: SELLERS WILL LOOK AT ALL REASONABLE OFFERS
By any measure, this location is a smashing success, and the numbers tell the tale: the store grosses approx. $130k/mo. with a net of over $20k/mo. These experienced operators pay attention to the details, as the store is clean and well-maintained, with a modern décor. The inventory is well-organized and well-stocked. There is a great selection of cold drinks that matches the local market including beer, craft beer, wine, energy drinks, sport drinks, soda and a new coffee section. They sell tobacco products, sundries, and lottery tickets. And of course, there are more than plenty of popular snacks!
By any measure, this location is a smashing success, and the numbers tell the tale: the store grosses approx. $130k/mo. with a net of over $20k/mo. These experienced operators pay attention to the details, as the store is clean and well-maintained, with a modern décor. The inventory is well-organized and well-stocked. There is a great selection of cold drinks that matches the local market including beer, craft beer, wine, energy drinks, sport drinks, soda and a new coffee section. They sell tobacco products, sundries, and lottery tickets. And of course, there are more than plenty of popular snacks!
About the Business
- Years in Operation
- 39
- Employees
- 3 (2 Full-time, 1 Part-time)
Manager works 7 days a week - Facilities & Assets
- The store is well designed, with lots of new shelf space and huge walk-in coolers to sell a wide variety of products, as well as a new fresh ground coffee section!
New "grab to go" fresh breakfast sandwiches, pizza, and scoops of Thrifty Ice Cream.
All equipment is in excellent condition and well-maintained. - Market Outlook / Competition
- No New location for other competitors to open nearby
- Opportunities for Growth
- Add a liquor license to increase sales, this location is currently only licensed for beer & wine.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,348
- Rent
- $8,231 per month
- Lease Expiration
- 4/30/2032
About the Sale
- Seller Motivation
- Partnership split (ask agent for explanation)
- Transition Support
- Training is required for all Buyers. In-person training is 2 weeks in Tempe, AZ followed by 1 week of register training in Salinas, CA. Also seller will stay and train at the store
Listing Info
- ID
- 2544159
- Listing Views
Listing ID: 2544159 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 of Use. Learn how to avoid scams.
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