Very High Volume (2.3 Million) & Margin 7-eleven

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Asking Price:
$650,000

Gross Revenue:
$2,300,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Location:
California
Year Established:
1966
Number of Employees:
7
Facilities:
The usual 7-eleven franchise facilities. You have seen one, you have seen them all. There are slight variations between stores, but nothing major.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The substantial best in its class 4 to 6 weeks of training locally in Bay Area and 3 days in Dallas. Two people can attend the class.

Listing Info

ID:
1601518
Ad Detail Views:
0

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Business Listed by

Amir Aghaee, CBB

California Business Advisors

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