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Business for Sale Summary

High Volume C-Store Franchise - 32314

Business Type: delicatessen/catering services,fast food franchise,general merchandise store,green grocers / fruit sellers,misc. retail/non-classifiable,must sell/drastic price reduction!,other eating & drinking places,other food stores,supermarket,convenience store
High Volume C-Store Franchise
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Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $1,250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and Plus Franchise Fee/Transfer fee of approx. $138K.

Business Description

High Volume C-Store Franchise. The best known convenience store brand in the world. This particular one is in a prime intersection. This store has been established for over 20 years. The current owner must sell due to a family illness. In the past year the business grossed approx. $1,250,000 with an absentee Net Income of approx. $80,000.00 (for an owner/operator). A hands on owner could reduce the payroll significantly generating a Net Income closer to $100k. This is a top tier franchise with every sale running through the POS System. The rent is paid by the franchisor. The owner is asking $150K for this location, plus approx. $138K in a transfer fee. The franchisor requires any buyers to be English speaking, with good credit. Buyers must have enough liquid capital for the purchase and transfer fee. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.