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7-11 Store Near Downey

Los Angeles County, CA
listing image
Asking Price:$149,000
Gross Revenue:$1,322,764
Cash Flow:$44,387
Established Year:2012
Listing ID: 2260467Listing provided by BizBuySell
BUSINESS DESCRIPTION

ANNUAL GROSS: $1,322,764
STORE SIZE: 3,000 SF.
OPEN HOURS 24 HOURS
EMPLOYEES: 3 FT, 3 PT
WAGE: $184,368/YR.
OWNER SINCE: 2012
REASON FOR SELLING: IN NEED OF A VACATION.
FINANCING: CASH
NOTE: LOCATED ON A MAJOR STREET. GREAT VISIBILITY.
PLENTY OF PARKING. HAS BEER WINE LICENSE.
ALCOHOL SALES DURING 6AM-12AM. NO SINGLES,
BUT CAN SELL 3 PACK 24 OZ. 7-11 PAYS RENT AND ELECTRICITY.
OWNER PAYS PAYROLL, INSURANCE, AD AND MAINTENANCE FEE.
50% PROFIT SHARE WITH 7-11. BUYER TO PAY 200K TRANSFER FEE TO 7-11.
OWNER ONLY DOES PAPERWORK. ONLY. POTENTIAL TO INCREASE BUSINESS.

DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Employees
6
Facilities
3,000 SF. BEAUTIFUL STORE
Competition
Not much competition
Growth & Expansion
Good potential for new owner. Current owner is tired and ready to take a vacation.
Support & Training
CORPORATE TRAINING
Reason for Selling
Tired of working
Franchise
This business is an established franchise
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