High Volume 7-Eleven Franchised Convenience Store

Elkhart, IN (Elkhart County)

Seller Financing Available
High Volume 7-Eleven Franchised Convenience Store

Asking Price:$185,800

Cash Flow:$80,000

Gross Revenue:$1,800,000

EBITDA:N/A

FF&E:$30,000

Inventory:$58,000*

Real Estate:N/A

Established:1987

*not included in asking price.

High Volume 7-Eleven Franchised Convenience Store

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Business Description

High Profile 7-Eleven Convienence Store with Gasoline

Extremely well established, 28 years of operation. High sales with good growth opportunity and above average margin. Clerk and self service hot food operation. 12 door walk-in cooler is a major gross income generator.Store set was just updated and expanded for increased sales potential. Merchandise sales growth should be realized up to $2 million.Mobil branded commission based gasoline income with 8 fueling positions, 4 with Diesel.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building Sq. Ft.:
2,400
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,400 sq.ft. building. 9 to 11 parking spaces plus gas island. Well maintained facility. 7-Eleven owned building and real estate.
Competition:
Prime corner location on 2 four lane streets with high traffic counts. 1/2 mile from US 20 bypass. Neighborhood, Factory and Commuter customer base.
Growth & Expansion:
Beer and Wine make the possibilities list.
Financing:
Franchisor provided up to 65% for qualified buyer
Support & Training:
6 weeks training, ongoing support and business advice from Franchisor. 10 year Franchise agreement with renewal options. Great business for a Military Vet.
Reason for Selling:
Downsizing to one location.
Franchise:
This business is an established franchise

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Business Listed By:
Gary Loughridge

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