$215,000 Plus Franchise Fee and Grocery Deposit for Maryland DC Prince George's 711 Convenience Store Business Only. Franchise Fee is 237,000 and Grocery Deposit is $35,000 which both can be financed by 7-11 with 30% down payment. $190,000 average merchandise sales per month with much higher margins and hot food operation (Average 38%). Sales can EASILY increase by adding BEER. 2300 SF in-line building located on a high traffic street surrounded by residential neighborhood and next to a busy commercial area and schools. Additional income from lottery, ATM, cigarettes, and other rebates and commissions. The right on site management can get this much more profitable. Motivated seller, retiring after 20 years in the same profitable business. Willing to make a deal with the right buyer.
- Asking Price:
- $215,000
- Sales Revenue:
- $2,100,000
- Cash Flow:
- $185,000
Property Information
- Premises Details:
-
2300 SF In-Line Building
- Size in square feet:
- 2,300
Business Operation
- Reasons for selling:
-
Seller Downsizing and retiring
- Employees:
- 7
- Years established:
- 2003
Other Information
- Support & training:
-
2 weeks at no cost to buyer
