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Business for Sale Summary

Major C-Store Franchise - Run Absentee in Richmond - 32562

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

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $2,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and Additional transfer fee of approx. $250K (to be discounted by 33% if contract signed by Sept. 2019)

Business Description

Major C-Store Franchise. This particular one is in a prime location. This store has been established for over 20 years. In the past year the business grossed approx. $2,300,000 ($6,250/day) with an net income of approx. $130,000.00 (for an absentee owner). The business is fully staffed with a total of 12 employees. 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 $250K for this location, plus a transfer fee of approx. $250K (to be discounted by 33% if contract signed by Sept. 2019). 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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.