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#Business ID: 14810

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7 Eleven East In Orlando

Business Location: Orlando, Florida, United States

Asking Price: $ 160,000 Revenue: $ 2,795,160 Cash Flow: $ 130,140

[Furniture / Fixtures included]

Business Summary

This station is located in a very busy area in east Orlando. The convenience store is averaging $100,000 per month in inside sales plus LOTTO. The station pumps 130,000 gallons per month on a commission basis. You will get 4 cents commission on a cash sale and 8 cents commission on a credit card/debit sale. The gas company is responsible for all environmental issues, tanks, pumps, roof, canopy, canopy lights and landscaping. Sales should continue to increase due to the 7 Eleven name which adds exposure with a quality franchise. The usual 7 Eleven franchise fee is 50% of gross profit but this store only pays 25% of gross profit.

Long 10 year lease with option to renew. Base rent is $6,000. There are 7 double sided pumps w/ 14 filling stations. Large 3,000 sq foot C-Store. ALL tanks and pumps are compliant with all regulations.

Property Details

Years Established:

2005

Property Type:

Lease

FF&E:

$ 5,000

Inventory Value:

$ 35,000

Other Business Details

Business Location:

Prime location in east Orlando.

Expansion Potential:

Owner receives a $1,200 rebate per month for being open 24 hours and also qualifies for up to an extra $500 rebate per month for satisfactory monthly inspection. Gas company requires a $40,000 gas deposit. 7/11 charges a $25,000 franchise fee not included in the price.

Business Operation Details

Employees:

7

Support & Training:

There is a 2 week training class required by the gas company (cost - $800). Seller will train you as well. 7 Eleven also requires training.

Miscellaneous Details

Financing Available:

Yes
7 Eleven finances the inventory for you with $35,000 down.

Reason For Selling:

Discuss with seller.

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