Business Summary
7-Eleven is consistently singled out as one of the top franchise in the country, 7-Eleven is proud to offer franchisees support that leads the franchise industry. 7-Eleven sells more coffee in Long Island then anywhere else in the United States. This brand-new (1 year old) neighborhood store is situated in a prime location which is well positioned for lots of walk-up traffic, commuter traffic, and plentiful local residences and businesses also contributing to its customer base. This location features a parking lot that allows it to capitalize on commuter traffic. This location opened January of 2013, and its first year sales were approximately $1,680,000 in store sales for an average of $140,000 per month. Store sales have been rising since inception, during the 1st quarter of 2013 sales were approximately $292,000 for an average of $97,333, for the same quarter of 2014, the sales were approximately $427,500 for an average of $142,500, which is a increase of $45,167 (46%) per month. This store sales has not mature yet and will increase over time. Lottery, ATM and prepaid cards commissions are approximately $3,770 per month which are split 50/50. There is an additional 7-Eleven franchise fee of $230,000 plus a $25,000 deposit which is required. An approved 7-Eleven franchisee would be preferred. The approval process can take as long as 60 to 120 days for a new 7-Eleven franchisee.
Other Information:
Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer.
Disclaimer:
All information has been provided by the seller and needs to be re-verified by the seller. Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.
Listing Brokers:
Bill Blau
Cell: (917) 885-9495
Fax: (516) 470-1382
Email:
[email protected]
Interested in this Business:
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Property Details