7-11 Gas Convenient Store N.County Coastal - Encinitas

Encinitas, CA (San Diego County)

1 Acre Corner Lot w/Bldg
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Asking Price: $450,000

Cash Flow: $120,000

Gross Revenue: $1,500,000

EBITDA: $100,000

FF&E: $148,000

Inventory: $90,000

Rent: $1 per Month

Established: 2015

7-11 Gas Convenient Store N.County Coastal - Encinitas

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Business Description

Rare Opportunity and Once in a lifetime !!. ONLY North County Coastal Store. This will NOT last !!.

North County Coastal 7-11 Store with Gas Station is up for SALE.

- Middle/Upper Neighborhood Convenience Store with NO Competition within 1 miles.
- 4 Gas Pump 24/7 bringing in very profitable Gas Commissions.
- Very Clean Store with No Alcohol sales that sits on 1 Acre Corner Lot.
- ATM, Red Box, Water Rental, Firewood, Double Propane Cage, Double Ice Chest, Amazon Box, Additional Monthly Revenues.
- Less then 8 min to Moonlight Beach in Encinitas.
- Absentee Owner, Fully Staffed, corporate 5 days, corp store training 3-4 weeks and additional owner trainings for 2 weeks.

$1.5 Million Gross Sales. $80K-$125K/yr Net Take Home (Absentee Owner)

Buyer needs to Qualify with 7-11 and pay separate Franchise Fees. (Approx $100K after 33% $50K till 10-2020). All Cash Purchase.

Goodwill for Business Only. Excludes Inventory (7-11 Financed). There is No Lease/No Rent/No Utilities. Covered under the 711 Gross Profit Split.

Please Note that 7-11 Owns the Land and Building and there is NO RENT, NO UTILITIES. Landscape Maintenance only.

Please "Pre-Qualify" via 7-11 Website as a Franchisee Candidate First.

Please E-mail or send Text for NDA and Financial Infos.

Brokers co-op welcome.

Detailed Information

Location:
Encinitas, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,600
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Rare North County Coastal 7-11 Store with Gas Station.
Growth & Expansion:
Plenty of Room for Growth, Could expand to Add Sandwich Shop, Car Wash, etc.. Sites on 1 Acre Corner Residential Lot.
Financing:
7-11 Split Profit 50% with GP. Covers Rent/Utilities.
Support & Training:
7-11 Trainings. 1 Month Local Training and 5 days Corporate Training.
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
Business Website:
http://sandiego.craigslist.org/nsd/bfs/d/encinitas-seven-eleven-store-gas/72691
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EDWARD TSAI

Business Listed By:
EDWARD TSAI

Mencius Enterprise

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