Last Revised: 9/11/19. Posting #: 251724
Key Words: convenience, mart, franchise, santa cruz, soquel
Financial Info: Purchase Price: $295,000 + $90,000 Franchise Fee + $100,000 Inventory. Gross Sales: ~$131,000/month + $22K/Year in Commission Income from Lottery, Rebates, and Gasoline Sales. No rent. Lease thru Franchise. Franchise Royalty: 16.97% of Gross Sales. All Cash, or 1/2.
Profile: Franchise Convenience store located in the small town of Soquel, but surrounded by the big, beautiful beach towns like Santa Cruz, Capitola & Aptos. Very well organized, kept clean, ample parking, and open 24 hours. Located in stand-alone building in high density residential neighborhood. Progressive sales pattern, perfect for owner operator. Well known popular Santa Cruz Beach Board Walk, and Santa Cruz Wharf is just miles away from the store. Just down the road is New Brighton and Seacliff State Beaches.
No rent. Franchise Royalty: 16.97% of Gross Sales.
Equipment Included: Walk-in Coolers, Elegant Tobacco, Wine Display, Lots of Storage, Beverage Island with Coffee, Fountain Drinks, Snack Bar with Hot Dogs Rolling Machine, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Corporation | Licenses Required: City Business License, Environmental Health Permit, SBOE, ABC Type-21 Liquor License (Included & Transferable) Tobacco License | Days Open/Hours: 24 Hours | Reason for Sale: Other Business Interests.
Purchase Price: $295,000 + $90,000 Franchise Fee + $100,000 Inventory.
Lease Rent: No rent, Lease thru Franchise.
Gross Sales: ~$131,000/month + $22K/Year in Commission Income from Lottery, Rebates, and Gasoline Sales (As per Seller, Not Verified by Broker)
All Cash, 1/2
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
At Mission Peak Brokers, Inc. we obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
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