Asking Price: $650,000 Gross Revenue: $2,300,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $20,000 not included in asking priceFF&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.
This a very high volume, 2.3 million annual sales and very high margin over 40% on the market for a first time in over 20 years. The store recently obtained liquor license and is being scheduled for a major overhaul inside. The ABC license is set to add to the sales in a substantial way. This store will not be available for too long.
About the Business
Number of Employees:
The usual 7-eleven franchise facilities. You have seen one, you have seen them all. There are slight variations between stores, but nothing major.
The 7-eleven convenience retail model is globally the best there is. Its brand recognition is second to none. Over 60,000 stores world wide and growing steadily but reasonably without hurting the current owners. The cons are the same as any other franchise. Corporate has the ultimate control, but that minimizes the effort you have to put in for a successful business and that provides the security you need.
Growth & Expansion:
Substantial growth potential with the new ABC license. 7-eleven is best business to own during a recession.
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
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