A very high volume neighborhood 7-eleven with still more growth

San Leandro, CA (Alameda County)

Seller Financing Available
A very high volume neighborhood 7-eleven with still more growth

Asking Price:$375,000

Cash Flow:N/A

Gross Revenue:$1,800,000

EBITDA:N/A

FF&E:N/A

Inventory:$20,000*

Established:1973

*not included in asking price.

A very high volume neighborhood 7-eleven with still more growth

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Business Description

7-eleven franchise is one of the best if not the best convenience store business there is. With over 56,000 stores worldwide, their presence in 18 countries and growing is a testament to their popularity and recognized brand. I would describe their business model a money maker with very low risk and very steady income. As a franchisee, you only need to follow the lead and mix it with your own local market experience to increase the sales by creating customer satisfaction. If you are finally tired of the corporate world or a lousy job market and want a steady income without risk of an independent business, you need to look closer at 7-eleven. This store has been owned for over 17 years by the same person and is ready for a new owner, Sales growth potential is at least 15% first year.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
9
Facilities:
Facilities Universal 7-eleven store setup and facilities all provided and maintained by the corporation. Franchisee has very minimal responsibility with the cost of the upkeep other than cleanliness and the annual equipment maintenance contract half of which is paid by the corporate.
Competition:
7-eleven has virtually no direct competition when it comes to convenience store business. It is a very nimble company that adapts to market condition changes rather quickly and hence its ability to ward off the competition and remain the top retail / convenience business. This store has no direct competition within 2 miles.
Growth & Expansion:
This business has a very steady growth patterns. None of the gyrations experienced with Gas Station/mart combinations which are caused by the price of the gas. This really is the reason for 7-eleven’s steady and successful business model. High gross profit of 38% to 44% are normal vs. the liquor store margins of 23%. This stores financials show a 38%+ Gross Profit Margin.
Financing:
Limited financing available
Support & Training:
Mandatory, Full time 6 to 8 weeks of class and store training on the 7-eleven processes, ordering system, inventory maintenance, store cleanliness, merchandise ordering and customer relations. There is as well on-going corporate support, more training, marketing and advertising plus new product introductions.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.calbizadvisors.com

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Amir Aghaee, CBB

Business Listed By:
Amir Aghaee, CBB

California Business Advisors

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