#1 National Franchise Gas Station
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $1152114
Net Profit / Cash Flow $57232
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 6 - 9
Inventory 85975
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training 7-11 conducts 3 weeks faclity training, current owner will stay on for 30 days to support.
Reason for Sale Other business ventures.
Description National Franchise, convenience store, gas station for sale, great tourist location Support Training: 7-11 conducts 3 weeks facility training, current owner will stay on for 30 days to support Assets: cash register fund; other accounts receivable; merchandise inventory; supplies; prepaid maintenance; prepaid workers comp ins; prepaid expense-misc. Real Estate: Paid by 7-11 to landlord. No rent via 7-11 franchise agreement. Client owns two 7-Elevens. Selling to decrease working hours and obligation. Growth: add keno, adjust c-store merchandise products sales Summary: Major high volume #1 National Franchise gas station and C-store in affluent RI town. Over 1.1 million gallons per year. Lottery and C store has great margins with room for growth. High traffic location. Tourist season increases sales over 35%. Price does not include 7-11 franchise transfer and gas deposit fees of $93,000 (estimate).
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