7 - 11 Convenience Store, Almost $2 Million In Sales
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $2000000
Net Profit / Cash Flow $185000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Provided by 7-Eleven.
Description This 7-11 is projected to do $2,000,000 in sales in the next 12 months. Located in downtown Boston, sales have grown significantly since a new Boston law that prohibits tobacco sales at pharmacies went into effect. This store is located in a great, high-traffic, location. The cash flow listed is projected for 2009 to a working owner. Sales were up 20% over 2008 in the first six months of 2009. The price does not include a franchise fee to 7-Eleven of approximately $170,000. There is also $20,000 required for inventory. 7-Eleven is the largest convenience store chain in the world and offers support for its owners in advertising and promotions. The company sells food, drinks, tobacco products, lottery tickets, and basic home goods. It is open 24 hours a day, 7 days a week. 7-Eleven has a unique financial model in which the franchisor retains half of the gross profit, but pays the rent and utilities. 7-Eleven is the world's largest operator and franchisor of convenience stores. The brand is instantly recognized as the leader in convenience retailing. 7-Eleven is a name people trust. 7-Eleven is rated one of the best franchise opportunities by Franchise Times, Hispanic Magazine, and Convenience Store News.
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