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San Diego

  • Listing No.: 106-15323

  • Category: Convenience, Franchise, Retail

Asking Price $90,000
Down Payment $90,000
Gross Revenue $297,805
Total Adjusted Net Income $41,785
Equipment/Fixtures $48,000
Year Established 2014
General Location San Diego
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Specialty-based convenience store market located in high traffic North County mall food court. This convenience store sells, drinks, snacks, tobacco, and lottery tickets. Management and customer service training are provided by the franchise. The franchise royalty fee is 4.95% and there are no advertising fees. This business is located in a high walk by traffic area so no advertising is necessary. The owner does not work at the business and the adjusted net profit is based on an owner operator reducing the payroll by $24,000. There will be approximately $10,000 in inventory at cost included in the sale. Profits and sales continue to grow each year. This is an easy to run business franchise perfect for owner operator.

Gross Revenue $297,805 Listed Price $90,000
Total Income $41,785 Down Payment $90,000
Base Rent $2,734 Square Feet 192
Total Rent $4,531 Lease Expiration 6/2021
Rent Deposit $3,000 Lease Options
Inventory $10,000 Leasehold Improvements
Equipment/ Fixtures $48,000 Other Assets
Full-Time Employees 1 Training Period
Part-Time Employees 2 Special License Required
Contract Staff 0 Reason for Selling Other Business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.