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Listing Number: 3670

Convenience Store Business for sale in Middlesex County, Massachusetts

Business: Convenience Store Business for Sale
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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