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Long-Standing Circle K Convenience Store In Orange County For Sale

Orange County, California - South, US
Asking Price:
$1,500,000 Furniture / Fixtures included
Sales Revenue:
$2,085,492
Cash Flow:
$310,764

Circle K's success in the convenience retailing industry spans more than 70 years across almost 15,000 worldwide locations. They carry beverages fit for energizing, satisfying, warming up, cooling down or just plain quenching your thirst. They also carry your food solutions, whether it’s on-the-go, at work, or anywhere in-between – morning time, lunch time, or snack time. This location has been a Circle K convenience store since 1987. They are a neighborhood fixture and well-known to their many local customers, who have been drinking and snacking here for years.

By any measure, this location is a smashing success, and the numbers tell the tale: the store grosses approx. $173k/month and nets almost $26k/month. These experienced operators pay attention to the details, as the store is clean and well-maintained, with a modern décor. The inventory is well-organized and well-stocked. There is a great selection of cold drinks that matches the local market including beer, craft beer, energy drinks, sport drinks, coffee, and soda. They sell tobacco products, sundries, and lottery tickets. And of course, there are more than plenty of popular snacks!

The owners are ready to retire, so it is time to pass the business on to an energetic Buyer. A new Buyer will step into an extremely profitable location, but there is always room to improve. Advertise and get on social media to draw more locals. Add a liquor license to stock even higher margin products; this location is currently only licensed for beer & wine.

If you’ve always wanted to be in the convenience store business or are looking to expand to another location, this Circle K is your extremely rare opportunity to purchase a great one. Stores with high volume sales don’t come to market that often. Please note that to be considered for this opportunity, both industry experience and substantial investable cash ($500k+) is required. If you are interested, or have questions, reach out to the Agent today!

Property Information

Real Estate:

Lease

Lease Terms:

Just signed a new 10 years lease plus 2-5 year options
Currently $7,533 plus $3,013 NNN charges

Leasehold Rent:

90.396 plus NNN per annum

Living Accommodation:

N/A

Location:

Store is location on a busy Orange County, in small shopping center

Premises Details:

3,348 Sq. Ft. building with great street visibility also parking in front of the store

Size in square feet:
3,348

Business Operation

Expansion Potential:

This Would be a great location to add a hard liquor License currently has Beer & Wine only

Competition / Market:

There are a couple of liquor stores around, but they don't have the everyday products or Fountain Drink section or Coffee for the morning commuters

Reasons for selling:

After 20 years will be retiring

Trading hours:

This Location is open 24 hours

Employees:
2 Fulltime 4 part time
Years established:
1987

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Circle K offers 2 weeks training period along with 4 days register training

Financing available:

Possible SBA financing but buyer will need approx. $500k to purchase

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$200,000