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Businesses For Sale   >>   Convenience Stores Retail Businesses For Sale

7-Eleven Franchise

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1485000
Net Profit / Cash Flow  $101500
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1989
Number of Employees  4 - 5
Inventory  $210,000 equipment only.
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  The franchise requires four weeks of training and the owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  Retiring after many years of success in this industry.

Description  
Profitable Food Mart Convenience Store, 7-Eleven Franchise located in a wonderful community of Camden County, New Jersey on an active county road with a gross income of $1,485,000 and a consistent net yearly income of $101,500. 7 Eleven has been the recognized leader in convenience retail, quickly growing into a dominant force in the marketplace that consumers and investors alike are eager to be a part of today. When people think of the 7-Eleven brand, it goes beyond convenience. In its 86 years, 7-Eleven has evolved into one of the strongest known brands in the world. The company's continued success comes in large part from their iconic products, which in turn has become an integral part of American culture. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $4,850. The business has a long term commercial lease and based on franchise company policy the franchisor and not the owner of the business is responsible for the yearly rent payment. Also no rent security is required with this franchise purchase. The business facility which consists of 2,200 square feet and has a capacity for approximately thirty five customers. The sale includes a fully equipped Food Mart including a commercial kitchenette, numerous cooking equipment, refrigeration & freezer units, POS system, displays, shelving, tables, computers, camera system, including all the necessary equipment to maintain the day to day business operation. The facility has substantial mall private parking on site as part of the commercial lease. The business is active seven days per week and twenty four (24) hours daily. The sale includes Lotto approval, a certificate of occupancy from the particular municipality and the required licenses from the city.


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