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Business for Sale Summary

Absentee C-Store Franchise in Richmond County - 32562

Business Type: absentee business,fast food franchise,misc. retail/non-classifiable,other eating & drinking places,other food stores,convenience store
Absentee C-Store Franchise in Richmond County
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Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $2,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and Additional transfer fee of approx. $250K.

Business Description

Major C-Store Franchise. Price Reduced! This particular one is in a prime location. This convenience store has been established for over 12 years. In the past year the business grossed approx. $2,300,000 ($6,301/day) with an net income of approx. $130,000.00 (for an absentee owner). The business is fully staffed with a total of 11 employees. This is a top tier franchise with every sale running through the POS System. The rent and utility bills is paid by the franchisor. The owner is asking only $199K for this location, plus a transfer fee of approx. $250K. 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 scheduled 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.