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Listing Number: 3670

Buy a Convenience Store Business in Middlesex County, Massachusetts

Business: Buy a Convenience Store Business
County, State: Middlesex County, Massachusetts
Business Type: Convenience Store, Supermarket

Summary Description

High performing 7-11 franchise with gross sales of 1.584,000. No direct competition within a 2 mile radius. Only convenience store open 24 hours a day in surrounding area. Natural growth is approximately 4% per year. Owner uses 7-11 vendors for purchasing products and a local vendor for back-up. Owner can use different vendors. New owner can raise some prices as current owner has not raised prices in awhile. Location has been a 7-11 for 35 years. This is one of the top performing 7-11's in New England. 3,000 items in the store. Current owner partakes in approximately 60% of Franchise promotions; new owner can participate in more promotions to increase sales. Lots of training and support provided by Franchisor. Seperate franchise fee of $140,000 not included in price. Owner relocating to Florida.

About the Sale

Asking price: $285,000 (USD)

Financing: N/A

Total Revenues: $1,584,000 (USD)

Cash Flow: $142,054 (USD)

Reason Selling: Relocation

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.