Last Revised: 9/10/19. Posting #: 250754
Key Words: 7 eleven, 7-11, 711, convenience, mart, franchise, los angeles, absentee
Financial Info: Price: $433,500. Down: $285,000+-. Adjusted Net: $122,800. Annual Revenues: $1,565,513. Goodwill: $250,000. Franchise Fees: $183,500. Seller Financing Available: $150,000. Estimated Buyer Cash Required: $283,500+-. Sales for year 2018 are approximately 5.5% higher than previous year.
Profile: 7- Eleven Established Franchise - High Gross Profit - Seller Financing Available
This is a great opportunity to enter and become a part of the world's #1 convenience store.
Total Purchase Price: $433,500
Franchise Fees: $183,500
Seller Financing: $150,000
Estimated Buyer Cash Required: $283,500+-
South Los Angeles
LAX Airport General Area Located
7-Eleven has a solid reputation and infrastructure to build upon and grow the Business. The Current owner has worked hard to build this establishment and its infrastructure and the new owner with the right vision and hands-on approach can take it to the next level. With steady clientele, revenues, great looking 7-Eleven website and social media presence, great customer reviews, the new buyer will save plenty of time and energy and will be able to focus on sales and growth.
Please note, that this very desirable 7-Eleven Franchise is located on a major busy intersection with a steady volume of vehicle as well as foot traffic.
Upside potential resulting in a higher bottom line may be realized for an owner/operator as this business is 100% employee run with current ownership dedicating about two(2) hours per week at this business, therefore an energetic new buyer may generate additional revenues by devoting time and necessary resources and by controlling payroll related expenses.
Net Profit is based on an full time owner/operator model.
The Business has consistent and provable financials, easy operations, long lease terms, suitable location along with opportunity for expansion and growth.
Year over year growth: Sales for year 2018 are approximately 5.5% higher than previous year.
Seller is a gainfully employed professional offering this 7-Eleven due to planned relocation, making it an attractive opportunity for the incoming new Buyer.
No Rent, easy operation, verifiable books & records and upside potential make this an exceptional acquisition allowing for an incoming buyer to acquire subject business with utmost confidence.
Qualified buyers with verifiable seasoned funds are invited to initiate contact. Executed NDA and Proof of Funds will be requested prior to release of any information.
Professional Resources & Contacts To Help You Close Your Deal!
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Profile: Having owned businesses for over 22 years, my interest turned to listing and selling businesses rather than owning them. I specialize in high volume restaurants, fast food independents & chains, bars, liquor stores, small manufacturers & service businesses in Orange and LA Counties in California.
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